Exploring Risk Perception and Degree of Internationalization of Brazilian Small-and-Medium Enterprises

BAR - Brazilian Administration Review

Endereço:
Avenida Pedro Taques - 294 - Zona Armazém
Maringá / PR
87030-008
Site: https://bar.anpad.org.br
Telefone: (44) 9882-6246
ISSN: 1807-7692
Editor Chefe: Carlo Gabriel Porto Bellini
Início Publicação: 30/06/2004
Periodicidade: Trimestral
Área de Estudo: Ciências Sociais Aplicadas, Área de Estudo: Administração

Exploring Risk Perception and Degree of Internationalization of Brazilian Small-and-Medium Enterprises

Ano: 2018 | Volume: 15 | Número: 1
Autores: L. R. C. Bonfim, G. R. R. Silva, P. H. M. Prado, G. Abib
Autor Correspondente: L. R. C. Bonfim | [email protected]

Palavras-chave: risk perception, degree of internationalization, cognitive style, tolerance for ambiguity, SMEs

Resumos Cadastrados

Resumo Inglês:

This research investigates managerial risk perception regarding internationalization of small and medium-sized enterprises in the Brazilian context. We examine how managers’ perception of risk influences firms’ degrees of internationalization. Likewise, we assessed how risk perception is influenced by managers’ cognitive traits, such as tolerance for ambiguity and cognitive style. We provided empirical evidence for the relationships we proposed through a partial least squares structural equation model with data gathered from a survey of 149 SMEs from the State of Paraná, Brazil. Our results suggest that managers’ tolerance for ambiguity is only significant for explaining risk perception for the managers with a preference for a deliberative style. Still, the research suggests that the Brazilian SMEs in our sample presented a higher degree of internationalization even when their managers perceived higher levels of risk.