Determinants of Born-Global Firms: Evidence from Nigeria
Journal: Izvestiya Journal of Varna University of economics (Vol.61, No. 4)Publication Date: 2017-12-09
Authors : Moruff Sanjo Oladimeji Benneth Uchenna Eze;
Page : 377-392
Keywords : Internationalization; Born-Global; Enterprise Support Agencies (ESA); Cultural Proximity; Technology Level;
Abstract
Firms' Internationalization is a gradual and incremental process where firms concentrated in their home country and internationalized over a period. This research work has sought to find out the determinants of born-global firms in Nigeria. 121 copies of questionnaires were administered to selected companies in Nigeria, only 102 were returned. Only 64 firms met the criteria for classification as a born-global firm. Logistic regression was employed to analyse the data. The response rate is 84.30%.The result reveals that Enterprise Support Agencies (ESA) network and cultural proximity increase the probability of a Nigeria exporting MSMEs being a born global firm, but the technology level at which the firm does business, does not significantly increase the probability of a Nigeria exporting MSME being a born-global firm. It is recommended that the government should enhance the capacity of the enterprise development agencies as well as create more awareness about its operations
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