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Innovation as a Driver of Internationalization in the Software Industry

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Rönkkö, M., Ojala, A., & Tyrväinen, P. (2013). Innovation as a Driver of Internationalization in the Software Industry. In IEEE 3rd International Conference on Research and Innovation in Information Systems (pp. 49-54). IEEE Conference Proceedings. doi:10.1109/ICRIIS.2013.6716684
Authors
Rönkkö, Mikko |
Ojala, Arto |
Tyrväinen, Pasi
Date
2013
Discipline
Tietoyhteiskunta, viestintä ja liiketoiminta
Copyright
© 2013 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.

 
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. ...
Publisher
IEEE
Conference
3rd International Conference on Research and Innovation in Information Systems – 2013 (ICRIIS’13). 27-28 Nov. 2013, Universiti Tenaga Nasional, Malaysia.
Is part of publication
IEEE 3rd International Conference on Research and Innovation in Information Systems. ISBN 978-1-4799-2486-8
ISSN Search the Publication Forum
2324-8157
Keywords
Innovativeness internationalization growth software firms
DOI
10.1109/ICRIIS.2013.6716684
URI

http://urn.fi/URN:NBN:fi:jyu-201312062756

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