Innovation and internationalization of companies: bibliometric review of the literature between 2013 and 2022
DOI:
https://doi.org/10.18568/internext.v20i1.785Keywords:
Innovation, Internationalization, Bibliometric analysis, Co-citation map, Pairing mapAbstract
Objective: This research aimed to analyze the conceptual-theoretical evolution of innovation and internationalization of companies. The objective is to map the knowledge on the interrelationship between innovation and internationalization, identifying the most cited articles and presenting cutting-edge studies through bibliographic pairing. Method: A bibliometric review was conducted using co-citation analysis and bibliographic pairing techniques. The maps were generated with the VOSviewer software to systematize knowledge on the relationship between innovation and internationalization of companies. Main Results: The analysis revealed three main clusters that highlight the strategic importance of innovation for processes and the choice to innovate through internationalization. The pairing map identified six clusters, with an emphasis on the importance of research and development (R&D). Relevance / Originality: The effects of innovation on internationalization capacity are still uncertain and present conflicting results. Thus, a systematic review that considers various internationalization strategies and innovation activities is necessary. Theoretical / Methodological Contributions: The study advances theoretically by identifying frontier studies, allowing future research to be directed in six areas: importance of R&D in emerging economies; impact of entrepreneurial orientation and innovation on export performance; demographic and geographic characteristics of firms; innovation capabilities in global firms; effects of business clusters and interorganizational networks on internationalization; and learning and renewal strategies to improve the internationalization process. Social / Management Contributions: The research provides managers with an overview of barriers and challenges in the internationalization of companies, highlighting innovation as a central element, and provides practical recommendations to improve business processes.
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