Entry Learning, Age at Internationalization, and Foreign-Venture Performance of Young Technology Firms
AbstractThe central question that we address is how young technology firms (YTFs) learn about foreign markets when they venture abroad for the very first time. Drawing on learning theory, we develop and test a model for the entry learning and foreign-venture performance of YTF. Our empirical results show that prior foreign market analysis leads firms to postpone the first internationalization, but network learning and imitation lead to earlier international venturing. Further, our results show that the earlier technology firms venture into foreign markets, the higher the foreign-venture performance of the firm.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by LMU Munich School of Management in its journal Schmalenbach Business Review.
Volume (Year): 63 (2011)
Issue (Month): 3 (July)
Age at Internationalization; Entry Learning; Foreign-venture Performance; Technology Firms.;
Find related papers by JEL classification:
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
- M16 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - International Business Administration
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (sbr).
If references are entirely missing, you can add them using this form.