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The Internationalization of Global Start-Ups: Understanding the Role of Serial Entrepreneurs

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Author Info

  • Onetti Alberto

    ()
    (Department of Economics, University of Insubria, Italy)

  • Odorici Vincenza

    ()
    (Business Administration Department , University of Bologna, Italy)

  • Presutti Manuela

    ()
    (Business Administration Department , University of Bologna, Italy)

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    Abstract

    Using qualitative methodology, we aim to understand how serial entrepreneurs can foster the development of born-global ventures. We consider a born-global start-up as the final stage of the learning process for a serial entrepreneur, advancing propositions regarding the importance of prior entrepreneurial experience – in terms of knowledge acquisition, identification and exploitation of opportunities, social networks development – for bornglobal venture creation and growth. We verify that the serial entrepreneur’s previous entrepreneurial experiences could substitute for the lack of knowledge, opportunity recognition and social networks of a born-global start-up. Thus, we recognize the necessity of a shift in the unit of analysis, from born-global start-up to a global serial entrepreneur. Moreover, we suggest to follow a dynamic approach when the born-global start-up issue is discussed since we expect that the entrepreneur’s learning process evolves over time in relation to their quality of previous experiences.

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    File URL: http://eco.uninsubria.it/dipeco/Quaderni/files/QF2008_2.pdf
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    Bibliographic Info

    Paper provided by Department of Economics, University of Insubria in its series Economics and Quantitative Methods with number qf0801.

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    Length: 35 pages
    Date of creation: Apr 2008
    Date of revision:
    Handle: RePEc:ins:quaeco:qf0801

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    Related research

    Keywords: born-global; international new ventures; entrepreneurship; serial entrepreneur; internationalization; social network; entrepreneurial experience; opportunity identification; opportunity exploration; longitudinal case study.;

    This paper has been announced in the following NEP Reports:

    References

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    1. Hellmann, Thomas F. & Puri, Manju, 2000. "Venture Capital and the Professionalization of Start-up Firms: Empirical Evidence," Research Papers 1661, Stanford University, Graduate School of Business.
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    3. Paul Westhead & Deniz Ucbasaran & Mike Wright & Martin Binks, 2005. "Novice, Serial and Portfolio Entrepreneur Behaviour and Contributions," Small Business Economics, Springer, vol. 25(2), pages 109-132, 09.
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    7. McGaughey, Sara L., 2007. "Hidden ties in international new venturing: The case of portfolio entrepreneurship," Journal of World Business, Elsevier, vol. 42(3), pages 307-321, September.
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    13. Westhead, Paul & Wright, Mike, 1998. "Novice, portfolio, and serial founders: are they different?," Journal of Business Venturing, Elsevier, vol. 13(3), pages 173-204, May.
    14. Shane, Scott & Kolvereid, Lars & Westhead, Paul, 1991. "An exploratory examination of the reasons leading to new firm formation across country and gender," Journal of Business Venturing, Elsevier, vol. 6(6), pages 431-446, November.
    15. Rerup, Claus, 2005. "Learning from past experience: Footnotes on mindfulness and habitual entrepreneurship," Scandinavian Journal of Management, Elsevier, vol. 21(4), pages 451-472, December.
    16. Coviello, Nicole E. & Jones, Marian V., 2004. "Methodological issues in international entrepreneurship research," Journal of Business Venturing, Elsevier, vol. 19(4), pages 485-508, July.
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    18. Kent Eriksson & Jan Johanson & Anders Majkg�rd & D Deo Sharma, 1997. "Experimental Knowledge and Costs in the Internationalization Process," Journal of International Business Studies, Palgrave Macmillan, vol. 28(2), pages 337-360, June.
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