A Global Mindset — A Prerequisite for Successful Internationalization?

Abstract This study offers a contribution to our understanding of the role of a global mindset in the successful internationalization of small and medium-sized companies. The particular focus is on the drivers of the global mindset and the connection with performance. We created a framework and tested it, empirically, with a representative sample of small Finnish companies in the field of information and communications technology (ICT). The findings indicate that managerial experience and market characteristics are important drivers of the global mindset, which, in turn, is one of the key parameters of international performance. The paper includes our conclusions, a discussion of the limitations of the study and the managerial implications, and suggestions for future research. Resume La presente etude se propose de faire comprendre le role que joue la mentalite globale dans l'internationalisation heureuse des petites et moyennes entreprises. Nous nous appesantissons surtout sur les facteurs motivants de la mentalite et sur ses rapports avec la performance. Nous creons un cadre que nous testons, de facon empirique, a partir d'un echantillon representatif de petites entreprises finnoises operant dans le secteur des Technologies de l'information et de la communication (ICT). Les resultats indiquent que l'experience en matiere de gestion et les caracteristiques du marche sont des catalyseurs importants de la mentalite globale qui, a son tour, est l'un des parametres cle de la performance internationale. L'etude degage egalement nos conclusions, ses implications en matiere de gestion, ses limites et propose des pistes de recherche futures.

[1]  Leonard George Cairns,et al.  Developing the Global Manager Using a Capability Framework , 2003 .

[2]  Ø. Moen,et al.  Born Global or Gradual Global? Examining the Export Behavior of Small and Medium-Sized Enterprises , 2002 .

[3]  Ø. Moen,et al.  The Born Globals: A new generation of small European exporters , 2002 .

[4]  K. Blomqvist Partnering in the Dynamic Environment: The Role of Trust in Asymmetric Technology Partnership Formation , 2002 .

[5]  Linda F. Edelman,et al.  Internationalization of Small Firms , 2002 .

[6]  Vijay Govindarajan,et al.  Cultivating a global mindset , 2002 .

[7]  Gary A. Knight,et al.  Entrepreneurship and strategy in the international SME , 2001 .

[8]  R. W. Wright,et al.  Symbiotic International Business Networks: Collaboration between Small and Large Firms , 2001 .

[9]  Mike Wright,et al.  The internationalization of new and small firms: A resource-based view , 2001 .

[10]  Neil A. Morgan,et al.  Firm-level export performance assessment: Review, evaluation, and development , 2000 .

[11]  Kathleen M. Eisenhardt,et al.  DYNAMIC CAPABILITIES, WHAT ARE THEY? , 2000 .

[12]  D. Fletcher Learning to “think global and act local”: experiences from the small business sector , 2000 .

[13]  Marian V. Jones,et al.  The Internationalization of Small High-Technology Firms , 1999 .

[14]  Ananda Mukherji,et al.  Global managers: developing a mindset for global competitiveness 1 1 A version of this paper was pre , 1999 .

[15]  Preet S. Aulakh,et al.  International Expansion of Telecommunication Carriers: The Influence of Market Structure, Network Characteristics, and Entry Imperfections , 1999 .

[16]  G. Miles,et al.  Explaining the international intensity and global diversity of early-stage technology-based firms , 1999 .

[17]  Shaoming Zou,et al.  The determinants of export performance: a review of the empirical literature between 1987 and 1997 , 1998 .

[18]  T. Madsen Executive Insights: Managerial Judgment of Export Performance , 1998 .

[19]  T. Madsen,et al.  The internationalization of Born Globals: An evolutionary process? , 1997 .

[20]  Eileen Fischer,et al.  The Influence of the Management Team's International Experience on the Internationalization Behaviors of SMES , 1997 .

[21]  S. Shane,et al.  Explaining the Formation of International New Ventures: The Limits of Theories from International Business Research , 1994 .

[22]  Sylvie K. Chetty,et al.  Firm‐level Determinants of Export Performance: A Meta‐analysis , 1993 .

[23]  Jim Bell,et al.  Developing Exportise: An Irish Perspective , 1992 .

[24]  Stefan Mueller,et al.  International Orientation as a Precondition for Export Success , 1990 .

[25]  S. Slater,et al.  Management Influences on Export Performance: A Review of the Empirical Literature 1978‐1988 , 1989 .

[26]  L. Welch,et al.  Internationalization: Evolution of a Concept , 1988 .

[27]  S. Reid,et al.  The Decision-Maker and Export Entry and Expansion , 1981 .

[28]  L. Welch,et al.  Pre-Export Activity: The First step in Internationalization , 1978 .

[29]  Terry S. Overton,et al.  Estimating Nonresponse Bias in Mail Surveys , 1977 .

[30]  J. Johanson,et al.  The Internationalization Process of the Firm—A Model of Knowledge Development and Increasing Foreign Market Commitments , 1977 .

[31]  Tony Edwards,et al.  Multinationals, Reverse Diffusion and National Business Systems , 2004 .

[32]  Leonidas C. Leonidou,et al.  Marketing strategy determinants of export performance: a meta-analysis , 2002 .

[33]  Peter S. Davis,et al.  Internationalization of Born Global and Gradual Globalizing Firms: The Impact of the Manager , 2000 .

[34]  Hal B. Gregersen,et al.  Developing Leaders for the Global Frontier , 1998 .

[35]  Chris Brewster,et al.  Flexible Working in Europe: A Review of the Evidence , 1997 .

[36]  Pierre-André Julien,et al.  Globalization: different types of small business behaviour , 1996 .

[37]  Gregory G. Dess,et al.  Clarifying the Entrepreneurial Orientation Construct and Linking It To Performance , 1996 .

[38]  V. Bulck,et al.  Global orientation as a determinant of international marketing decision making , 1979 .