Three indicators are typically used to signal international entrepreneurial activity: 1) how quickly a new venture enters foreign markets, 2) its extent of internationalization, and 3) the scope of markets or regions served. Many studies emphasize the first indicator, aka early internationalization, and how it influences firm behaviour over time. We argue that the initial levels of export intensity and geographic dispersion also have long-term effects, and these will be negative. To study this, we build on arguments regarding learning advantages of newness, absorptive capacity, and time compression diseconomies. We use latent growth curve modelling to assess 485 observations from 97 new ventures over the 1990-2015 period. The higher the firm's initial level of export intensity, the lower its rate of change, i.e., it slows and then declines. There is a much shorter effect for geographic dispersion and some evidence of a concentration strategy. Earlier internationalization is related to a higher initial geographic dispersion but does not impact initial export intensity or the long-term trajectory of either dimension. Implications are discussed.

通常使用三个指标来表示国际创业活动：1) 新企业进入国外市场的速度，2) 其国际化程度，以及 3) 所服务的市场或地区的范围。许多研究强调第一个指标，即早期国际化，以及它如何随着时间的推移影响公司行为。我们认为，出口强度和地理分散的初始水平也会产生长期影响，而且这些都是负面的。为了研究这一点，我们建立在关于新鲜度、吸收能力和时间压缩不经济的学习优势的论点上。我们使用潜在增长曲线模型来评估 1990 年至 2015 年期间 97 家新企业的 485 项观察结果。企业的初始出口强度水平越高，其变化率就越低，即先放缓然后下降。地理分散的影响要短得多，并且有一些集中策略的证据。较早的国际化与较高的初始地理分散有关，但不会影响初始出口强度或任一维度的长期轨迹。影响进行了讨论。