Publication Type
Book Chapter
Publication Date
5-2018
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 analyzing these separately may lead to biased results.
Keywords
international new ventures, entrepreneurship, strategy, born-globals
Discipline
Strategic Management Policy | Technology and Innovation
Research Areas
Strategy and Organisation
Publication
International Entrepreneurship: The Pursuit of Opportunities Across National Boundaries.
Editor
Rebecca Reuber
First Page
131
Last Page
172
ISBN
9783319742274
Identifier
10.1007/978-3-319-74228-1
Publisher
Palgrave Macmillan
City or Country
USA
Citation
FAN, Terence P. C. and PHAN, Phillip.
International new ventures: Revisiting the influences behind the ‘Born-Global’ firm. (2018). International Entrepreneurship: The Pursuit of Opportunities Across National Boundaries.. 131-172.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/5835
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
External URL
https://www.palgrave.com/gp/book/9783319742274
Additional URL
https://10.1007/978-3-319-74228-1