Human Capital and Degree of Internationalization. An Empirical Study on Costa Rican Companies
DOI:
https://doi.org/10.18046/j.estger.2024.170.6315Keywords:
small and medium-sized companies, international orientation, international experience, risk perception, degree of internationalizationAbstract
This study examines the influence of managers’ international orientation, international experience, and export risk perception on the degree of internationalization achieved by their SMEs. Based on the existing literature and previous research in the field of International Entrepreneurship, a research model was developed and empirically tested using structural equation modeling techniques on a sample of 132 SME managers. The main results indicate that the international experience of managers has only an indirect effect on the degree of internationalization. Managers’ risk perception regarding exports seems to be a key factor explaining the variation in the degree of internationalization of SMEs
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