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The University of Southampton
Centre for Risk Research

Collaboration, risk management and governance in SMEs

In 2015, as part of an international team, we were awarded €30,000 by the Ministerio de Economia y Competitvidad - Spanish National Research Council to examine ‘Collaboration, risk management and governance in SMEs: Drivers for competitiveness and international entrepreneurship'.

The project, based on Resource-Based Theory (RBV) and Network Theory (NT) will analyse the role of governmental mechanisms to manage entrepreneurship risks and how the effectiveness of these mechanisms can depend on the particular characteristics of the context. Since the role of governmental mechanisms can differ with respect to different internationalization strategies and pathways (moving in a continuum between slow and intensive, to quick and very intensive strategies) the research will analyse each particular international path to understand the needs of governmental structures and their optimal design.

Dr Raquel Florez-Lopez
Dr Raquel Florez-Lopez

The research project will gather data via online surveys administrated to Spanish internationalised SMEs that use cooperative relationships for international ventures. The data will be gathered using techniques such as structural equation modelling, decision rule extraction models and case studies. It is anticipated that the project will lead to new dynamic capabilities and knowledge that will help to reduce the downside risk and opportunity loss risk experienced by many SMEs and to increases their partners’ performance

The project will involve a collaboration between Professor Vanessa Sung, Professor Johnnie Johnson, Dr Tiejun Ma and Dr Bart Baesens (Southampton Business School) with Dr Raquel Florez-Lopez (Pablo Olavide University of Seville) and Professor Stefan Lessmann (Humboldt-University (HU) of Berlin).

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