Innovation as a driver of internationalization in the software industry

Mikko Ronkko, Arto Ojala, Pasi Tyrvainen

    Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

    5 Citations (Scopus)

    Abstract

    Innovation and internationalization are two important factors for growth. This study analyzes whether innovativeness has an effect on the internationalization of software firms, and if so, how strong this effect is. Innovation and internationalization have rarely been studied together, with research tending to focus more on the relationship between innovations and growth. However, internationalization is a key prerequisite for growth for companies operating in small domestic markets. This paper analyzes the innovativeness and internationalization of firms, using data from the Software Industry Survey conducted in Finland. Since the speed of firm growth and internationalization are dependent on the willingness to grow and the age of the firm, these variables are used as moderators in the analysis. Our analysis suggests that innovativeness does contribute to internationalization; however, the effect is significant only for younger firms during their expansion to new markets, after which they prioritize revenue growth.

    Original languageEnglish
    Title of host publication2013 International Conference on Research and Innovation in Information Systems, ICRIIS 2013
    Pages49-54
    Number of pages6
    DOIs
    Publication statusPublished - 2013
    MoE publication typeA4 Article in a conference publication
    EventInternational Conference on Research and Innovation in Information Systems - Kuala Lumpur, Malaysia
    Duration: 27 Nov 201328 Nov 2013

    Conference

    ConferenceInternational Conference on Research and Innovation in Information Systems
    Abbreviated titleICRIIS
    CountryMalaysia
    CityKuala Lumpur
    Period27/11/201328/11/2013

    Keywords

    • growth
    • Innovativeness
    • internationalization
    • software firms

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