Recent critiques of internationalization process models question the wisdom of delaying internationalization. Internationalizing late allows firms to assemble resources and gain experience but also allows inertia to develop. We resolve this tension by positing that internationalization has differing effects on firm survival and growth. These effects are moderated by organizational age, managerial experience, and resource fungibility. Our framework provides insights into the evolution of capabilities across borders and may be tested and built on by organization researchers.
international entrepreneurship, small business, new venture growth
Business | International Business | Strategic Management Policy
Strategy and Organisation
Academy of Management Review
Academy of Management
SAPIENZA, Harry J.; AUTIO, Erkko; GEORGE, Gerard; and ZAHRA, Shaker A..
A Capabilities Perspective on the Effects of Early Internationalization on Firm Survival and Growth. (2006). Academy of Management Review. 31, (4), 914-933. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/4629
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