2015
DOI: 10.2139/ssrn.2578709
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The Importance of Locally Embedded Personal Relationships for SME Internationalisation Processes From Opportunity Recognition to Company Growth

Abstract: The purpose of the paper is to present the importance of locally embedded personal rela•onships and individuals' networks for the rise of small and medium enterprises (SMEs)' opportuni•es in the interna

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Cited by 3 publications
(2 citation statements)
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“…Due to the fact that embeddedness of enterprises in the local environment might improve access to local resources (Ratajczak-Mrozek, 2009;2014), it is paramount to their operation (Dacin et al, 1999;Thornton, 1999) and is particularly important in the case of newly-created, innovative enterprises established in rural areas. The success of those entities is grounded in the development of cooperation (Bengtsson and Kock, 2000) (both formal and informal or general and individual) on different levels: i) business to business (B2B), ii) business to administration (B2A), and, iii) business to consumer (B2C).…”
Section: Embeddedness Conceptmentioning
confidence: 99%
“…Due to the fact that embeddedness of enterprises in the local environment might improve access to local resources (Ratajczak-Mrozek, 2009;2014), it is paramount to their operation (Dacin et al, 1999;Thornton, 1999) and is particularly important in the case of newly-created, innovative enterprises established in rural areas. The success of those entities is grounded in the development of cooperation (Bengtsson and Kock, 2000) (both formal and informal or general and individual) on different levels: i) business to business (B2B), ii) business to administration (B2A), and, iii) business to consumer (B2C).…”
Section: Embeddedness Conceptmentioning
confidence: 99%
“…Sharing information, knowledge and skills expresses collective agency and assists the constructing of (individual and collective) meanings regarding local resources (Sotarauta & Suvinen, 2018). In this sense, social and community resources provide access to capacities located both within and outside a given locality (Ratajczak-Mrozek, 2014;Šumane et al, 2018). Moreover, it has been highlighted that the low actor densities of rural regions encourage interactions between rather dissimilar actors, inducing potentially productive diversity into social ties and firm networks (Mcpherson, Smith-Lovin, & Cook, 2001).…”
Section: Social and Community Resourcesmentioning
confidence: 99%