This study empirically examines the role of founder ethnic composition in international new venture (INV) strategy choice and performance. We find that new ventures with more immigrant entrepreneurs on the founding team have an advantage of pursuing an INV strategy to generate higher revenues. Moreover, new ventures with an ethnically diversified founding team tend to achieve higher revenues and profits. Our findings suggest that immigrant entrepreneurs can align available immigrant resources with their new ventures’ international strategy to increase venture performance. This study contributes to both immigrant and international entrepreneurship literature. Managerial and policy implications are also discussed.

这项研究从经验上考察了创始人种族组成在国际新创企业（INV）战略选择和绩效中的作用。我们发现，在创始团队中拥有更多移民企业家的新企业具有追求INV战略以产生更高收入的优势。而且，具有多元化种族的创始团队的新企业往往会获得更高的收入和利润。我们的发现表明，移民企业家可以将可用的移民资源与新企业的国际战略相结合，以提高企业绩效。这项研究有助于移民和国际企业家文学。还讨论了管理和政策的含义。