Dynamic Capabilities, Internationalization and Growth of Small- and Medium-Sized Enterprises: The Roles of Research and Development Intensity and Collaborative Intensity

Abstract Small- and medium-sized enterprises (SMEs) can benefit from internationalization. However, there is little evidence of the extent its dependence on both research development (R&D) intensity collaborative intensity. Drawing data 262 SMEs, this study illuminates why some SMEs more internationalization than others, thereby illustrating an advanced application partial least squares structural equation modeling by demonstrating conditional mediation analysis with two interdependent exogenous moderators (i.e., testing a second-stage three-way mediation). Our findings substantiate that SME’s dynamic capabilities affect degree indirectly growth, suggest positive marginal growth impact provided R&D intensities are proportional; when they disproportional one “greater” other), do not experience growth.