

國際化與績效之分量迴歸分析
120
of international experience on small firms is significantly higher than that on large firms.
Thus, whether a firm is small or big, it should continually reinforce the depth of its
internationalization and international experience. On the other hand, the contribution from
the breadth of internationalization to larger firms is positive, its effect on medium-sized
companies is not significant, and it is even unfavorable to the performance of small
businesses. We may conclude that firms under different operating scales need distinct
international strategies.