In this paper we address the theme of the export performance of the SME in the context of emerging markets. Surveying a sample of 200 exporting SMEs, we test specific hypotheses concerning the role of Institutional Voids (IVs) both in directly affecting the export performance of the SME and in moderating the positive impact of the SME’s resources and capabilities. Our results show that while directly hampering the export performance of the SME, IVs also have a negative moderating role on the firm’s marketing capabilities.
