Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya

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Main Authors: Irungu, Dancan Njagi, Ndegwa, Joyce Watetu
Format: Article
Language:English
Published: School of Business and Economics, Daystar University 2024
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Online Access:https://repository.daystar.ac.ke/handle/123456789/4971
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author Irungu, Dancan Njagi
Ndegwa, Joyce Watetu
author_facet Irungu, Dancan Njagi
Ndegwa, Joyce Watetu
author_sort Irungu, Dancan Njagi
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description Journal Article
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institution Daystar University
language English
publishDate 2024
publisher School of Business and Economics, Daystar University
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spelling ir-123456789-49712024-07-31T13:10:44Z Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya Irungu, Dancan Njagi Ndegwa, Joyce Watetu Medium Firm Resources Internationalization Journal Article Abstract The purpose of the study is to assess the effects of firm resources on the internationalization of medium firms taking evidence from Kenya. Resource Based View (RBV) is the main theoretical framework that has informed the study. The ownership of the unique resources is assumed to be the reason why Medium firms in the same industry and location respond differently to export stimuli; one initiating export business and is in a position to meet its export orders while another similar one is not. The argument is that the internal resources tangible or intangible are the main explanatory determinant of firm internationalization. Kenya Top 100 medium firms formed target population. The results of the study indicate that Medium firms that seek for internationalization should invest in developing rare and unique resources which are not imitable. The findings reveal that internal resources tangible or intangible are the main explanatory determinant of medium firm internationalization. The results of the study agrees with a lot of the existing literature on SMEs internationalization on that ownership of the unique resources is a major reason why firms in the same industry and location respond differently to export stimuli. To overcome the challenges of smallness, medium firms have to leverage on knowledge and network resources for they are rare, unique and are not imitable. Daystar University 2024-07-31T13:09:48Z 2024-07-31T13:09:48Z 2010 Article Irungu, Dancan Njagi & Ndegwa, Joyce Watetu., (2010)., Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya., https://repository.daystar.ac.ke/handle/123456789/4971 en application/pdf School of Business and Economics, Daystar University
spellingShingle Medium Firm
Resources
Internationalization
Irungu, Dancan Njagi
Ndegwa, Joyce Watetu
Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya
title Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya
title_full Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya
title_fullStr Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya
title_full_unstemmed Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya
title_short Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya
title_sort effects of firm resources on the internationalization of medium sized firms; evidence from kenya
topic Medium Firm
Resources
Internationalization
url https://repository.daystar.ac.ke/handle/123456789/4971
work_keys_str_mv AT irungudancannjagi effectsoffirmresourcesontheinternationalizationofmediumsizedfirmsevidencefromkenya
AT ndegwajoycewatetu effectsoffirmresourcesontheinternationalizationofmediumsizedfirmsevidencefromkenya