Abstract:
This study postulates the export development process is a set of sequential phases: the preengagement phase, the initial phase and the advanced phase. We empirically investigate factors that accelerate or decelerate timing of entry in each phase. Based on the resource-based view of the firm, we propose a frame-work that consists of firm-specific factors and industry/location factors. We use event history analysis. Results show that contact with foreign suppliers is the more significant factor in accelerating entry into both initial and advanced phases of the process. A broad scope of products is also significantly associated with an early entry in the initial phase. However, foreign capital participation is more important for an early entry in the advanced phase. Results also show thattiming of the process differs between industries and locations. Firms manufacturing motor vehicle parts are the fastest, while firms located in the Canary Islands are the slowest.