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Internationalization, intangible assets and Taiwanese SMEs' performance: Evidence of an Asian newly-industrialized economy

Year: 2011

Type: article

Abstract: This paper investigates the impact of internationalization and intangible assets on the performance of Small andMedium sized enterprises (SMEs) in newly industrialized economies (NIEs). Examining a sample of 3,194 TaiwaneseSMEs, we find that: (1) the relationship between internationalization and performance is characterized by an invertedU-shaped curve; (2) SMEs investing more heavily in research and development achieve greater gains in profitability;and (3) though the hypothesized linear relationship between advertising and profitability is not confirmed, furtheranalysis indicates a U-shaped curvilinearity between the two, suggesting that a minimum level of investment isrequired if advertising is to be effective.

Source: Global Journal of Business Management

DOI: 10.5897/ajbm09.225

Authors: Yu‐Ching Chiao, Kuo‐Pin Yang

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W2107977218

FWCI: 9.855

Cites: 74

Cited by: 28

Related to: 10