A4 Conference proceedings

Perceptions of home-country Institutions, Decision-Making Logics, and International Performance of SMEs

Publication Details
Authors: Laine Igor, Galkina Tamara, Torkkeli Lasse
Publication year: 2019
Language: English
Title of parent publication: 15th Vaasa Conference on International Business
JUFO-Level of this publication: 0
Open Access: Not an Open Access publication


In the modern world of increasing institutional complexity and uncertainty, entrepreneurs in general,
and those leading small- and medium-sized enterprises (SMEs) in particular are increasingly
important for societies. This is because the international growth of SMEs drives macroeconomic global
development while helping to find solutions to the grand challenges our world is facing. However,
despite institutional support from the governments around the globe, the current global situation
of increasing tensions elevated risks and tariffs, and tightened regulations in international business
is argued to create more losers than winners. In our study of 210 international SMEs from Finland,
we aim to distinguish better performing SMEs from others. In particular, we theorize and empirically
examine how the perception of home country institutions and decision-making logic affect the international
performance of SMEs. By showing how the institutional environment and entrepreneurial decisionmaking
are linked in driving international performance of SMEs, our study outlines implications both
for global strategy and international entrepreneurship research, as well as for practitioners, including
entrepreneurs, investors and policy-makers.

Last updated on 2020-09-11 at 10:35