The determinants of internationalization: Evidence from the Taiwan high technology industry

This paper employs the logit model to explore the relationship between internationalization and its determinants. Using a sample set gathered from 114 high technology firms of Taiwan, which are mostly engaged in original equipment manufacturing, empirical tests of the hypotheses find support that corporate governance, patent counts, and education level of managers had a positive effect on internationalization. Surprisingly, R&D intensity, one of the innovation capitals, had a negative effect on internationalization.