Publication Type
Journal Article
Version
submittedVersion
Publication Date
12-2007
Abstract
There is a small but theoretically important literature on 'born-globals' or international new venture firms that positions itself in contrast to the more established sequential international entry literature. In this paper we examine the pattern of entry into international markets for a set of international new ventures and show that they need not be a distinct breed of firms, as previous research has portrayed. Absent a specific technological advantage, the decision for a new venture to internationalize at inception is influenced by the size of its home market and by its production capacity, as well as by cultural and economic forces that also influence other more traditional firms that stage their entry into international markets. Most importantly, we demonstrate that the decision to internationalize or not should be considered jointly with the capacity allocation decision to specific international markets, as analysing these separately may lead to biased results.
Keywords
Born-globals, entrepreneurship, international new ventures, strategy
Discipline
International Business | Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
Journal of International Business Studies
Volume
38
Issue
7
First Page
1113
Last Page
1131
ISSN
0047-2506
Identifier
10.1057/palgrave.jibs.8400308
Publisher
Academy of International Business
Citation
FAN, Terence P. C. and PHAN, Phillip.
International New Ventures: Revisiting the Influences Behind the 'Born-Global' Firm. (2007). Journal of International Business Studies. 38, (7), 1113-1131.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/257
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1057/palgrave.jibs.8400308