THE INFLUENCE OF THE MANAGEMENT-TEAMS INTERNATIONAL EXPERIENCE ON THEINTERNATIONALIZATION BEHAVIORS OF SMES

Why are some small and medium-sized enterprises (SMEs) more successful in selling outside their domestic markets than are other SMEs in the same industry? Although the traditional explanation is that firms can gain valuable knowledge and resources as they become older and larger, small and young firms are not necessarily disadvantaged if they devel op other mechanisms to acquire the requisite knowledge and resources, We examine the role of the management team's international experience as such a mechanism, for the internationalization of Canadian software product firms, We show that internationally experienced management te ams have a greater propensity to develop foreign strategic partners an d to delay less in obtaining foreign sales after start-up, and that th ese behaviors are associated with a higher degree of internationalizat ion.