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Internationalisation path heterogeneity and growth for international new ventures
International Small Business Journal: Researching Entrepreneurship ( IF 6.413 ) Pub Date : 2020-10-29 , DOI: 10.1177/0266242620965792
Bin Guo 1 , Zhen Wang 1
Affiliation  

An increasing number of new venture firms are internationalising their business operations early in their lifecycles to achieve superior performance. Taking the perspective of dynamic capability theory, our study sheds light on the effect that heterogeneity in experiential learning has on international new venture (INV) growth in terms of a curvilinear relationship. Specifically, we introduce the concept of internationalisation path heterogeneity to capture the path-specific features of INV experiential learning and capability building and explore the relationship between internationalisation path heterogeneity and INV firm growth. We also argue that this relationship will be moderated by environmental munificence because the cost and benefit of path heterogeneity is bounded. We test the hypotheses based on empirical analysis of a longitudinal dataset of 1054 INVs from 58 countries. Overall, this study provides a dynamic and fine-grained view of the role played by internationalisation path heterogeneity in driving the growth of INVs.



中文翻译:

国际化道路的异质性与国际新企业的成长

越来越多的新兴风险投资公司正在其生命周期的早期阶段对其业务运营进行国际化,以实现卓越的绩效。从动态能力理论的角度出发,我们的研究从曲线关系的角度揭示了体验式学习的异质性对国际新创企业(INV)增长的影响。具体来说,我们引入国际化路径异质性的概念,以捕获INV体验学习和能力建设的特定于路径的特征,并探索国际化路径异质性与INV公司成长之间的关系。我们还认为,由于路径异质性的成本和收益是有限的,因此这种关系将受到环境的影响。我们基于对58个国家/地区的1054辆INV的纵向数据集进行的经验分析来检验假设。总体而言,这项研究为国际化路径异质性在推动INV增长方面所起的作用提供了动态而细致的看法。

更新日期:2020-10-29
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