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Geographic export diversification: determinants and their link with export performance
Cos Sánchez, Pilar; Colom Gorgues, Antonio; Cabasés i Piqué, Ma. Àngels
This study examines company-specific factors that may help explain the choice of an export market strategy and explores how the selected export strategy contributes to explaining company's export performance. Concentrating on a specific area within a broad spectrum of export behaviour analysis has enabled us to examine these factors in greater depth. The results of our research, which was carried out using a sample comprising Spanish exporting companies, show that a firm's size, a firm's age and greater foreign ownership in its share capital are all determining factors for adopting a strategy geared to export market diversification. A greater level of investment in R&D and greater international commitment are also important in this regard. We suggest reinforcing these two factors because there is evidence of better export performance among firms that have a wider range of foreign markets.
-Geographic export diversification
-Export performance
-Export intensity
-Spanish exporters
-International marketing
(c) Wiley, 2018
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