Internationalization and firm performance: an empirical analysis in Italy
Internationalization and firm performance: an empirical analysis in Italy
Elvira Tiziana La Rocca, Augusto D’AmicoThe present research aims to investigate the effect of internationalization, both in terms of foreign sales and production plants located abroad on firm performance. A review of the literature on the relationship between internationalization and firm performance for the past 30 years reveals a heterogeneous and conflicting set of results. According to some authors, the discordant results between the studies are linked to the different length of time periods, to the different institutional and industrial contexts in the economies analyzed (Gaur and Kumar 2009). Other scholars attribute the divergence of results to an incomplete conceptualization of the benefits and costs of internationalization for companies (Contractor et al., 2003, Lu and Beamish 2004).
#firm performance #Internationalization #manufacturing internationalization