The moderating effects of home region orientation on R&D investment and international SME performance : lessons from Korea
By: LEE, In Hyeock
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Contributor(s): MARVEL, Matthew R
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Material type: ![materialTypeLabel](/opac-tmpl/lib/famfamfam/AR.png)
Drawing from the resource-based view, we investigate how firm and country combinations affect international SME performance. Using a sample of 2676 international Korean SMEs, we explore the relationships among SME R&D investment, home region orientation and financial performance. Results show that R&D investment has a horizontally inverted S-shaped relationship with performance reflecting cost leadership, stuck in the middle, and differentiation strategies. We also find that a home region orientation moderates the relationship between R&D investment and performance. Home region orientation positively moderates the relationship when R&D investment reflects cost leadership or differentiation but negatively moderates a stuck in the middle strategy.
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