The effect of business model innovation on SMEs’ international performance: the contingent roles of foreign institutional voids and entrepreneurial orientation

Jean, R. J. ‘B.’, Kim, D., Sinkovics, R. R. and Cavusgil, E. (2024) The effect of business model innovation on SMEs’ international performance: the contingent roles of foreign institutional voids and entrepreneurial orientation. Journal of Business Research, 175, 114449. (doi: 10.1016/j.jbusres.2023.114449)

[img] Text
309661.pdf - Accepted Version
Restricted to Repository staff only until 8 August 2025.
Available under License Creative Commons Attribution Non-commercial No Derivatives.

459kB

Abstract

Despite the growing trend of firms adopting innovative business models for internationalization, scholarly attention remains limited. Existing research provides inconclusive findings regarding the link between business model innovation and international performance. Drawing on signaling theory, this study develops and tests a theoretical framework examining the impact of business model innovation on international performance of small and medium-sized enterprises (SMEs). Analyzing a unique sample of Chinese exporting firms, findings reveal a positive relationship between SMEs’ innovative business models and their foreign market performance. Notably, this relationship strengthens amidst significant foreign institutional voids. However, the relationship weakens for firms displaying greater entrepreneurial orientation.

Item Type:Articles
Keywords:Business model innovation, international performance, foreign institutional voids, entrepreneurial orientation.
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Sinkovics, Professor Rudolf
Creator Roles:
Sinkovics, R.Writing – review and editing
Authors: Jean, R. J. ‘B.’, Kim, D., Sinkovics, R. R., and Cavusgil, E.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Journal of Business Research
Publisher:Elsevier
ISSN:0148-2963
ISSN (Online):1873-7978
Published Online:08 February 2024
Copyright Holders:Copyright © 2023 Elsevier Inc.
First Published:First published in Journal of Business Research 175:114449
Publisher Policy:Reproduced in accordance with the publisher copyright policy

University Staff: Request a correction | Enlighten Editors: Update this record