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J Int Entrep (2010) 8:156– 167
DOI 10.1007/s10843-010-0058-6
Small- and medium-sized enterprise internationalization:
Towards the knowledge-based model
Kais Mejri Katsuhiro Umemoto
Published online: 16 April 2010
# Springer Science+Business Media, LLC 2010
Abstract Firm internationalization research has grown throughout the last 50 years
resulting in a number of theories and models. Although each theory and model
enables us to see some parts of the picture, a holistic approach is needed to provide
us a full picture. The so-called knowledge-based models proposed so far drew upon
the transaction cost theory, the social capital theory, and the knowledge management
models. This paper reviews previous research and builds a more comprehensive
knowledge-based model of small- and medium-sized enterprises internationalization.
The model includes “knowledge factors”, which we identified from international-
ization literature. These include the market knowledge and the experiential
knowledge composed of network knowledge, cultural knowledge, and entrepreneur-
ial knowledge. Acquisition as well as utilization of each kind of knowledge during
the different phases of internationalization is presented. The model is a step towards
deeper understanding of the role of knowledge in SME internationalization.
Keywords Internationalization . SME . Knowledge-based model . Market .
Network . Experience . Culture . Opportunity recognition
Introduction
Small- and medium-sized enterprise internationalization has been studied from a
variety of perspectives. Theories and models have been proposed to explain the
international involvement of the firm, including: the economic theory, the process or
stages models, the innovation-related models (I-models), the pre-export and export-
K. Mejri (*) :K. Umemoto
Graduate School of Knowledge Science, Japan Advanced Institute of Science and T
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