Journal of Management – DOI: https://doi.org/10.1177/01492063211029701
Founders’ Prior Shared International Experience, Time to First Foreign Market Entry, and New Venture Performance
Criaco, G., Naldi, L., Zahra, S.
We examine the influence of founders’ prior shared international experience on the timing of their new ventures’ first entry into foreign markets. We propose that this experience, which is gained by founders working concurrently for the same international firm prior to the founding of the current company, provides them with shared knowledge and routines that they can use to enter foreign markets for the first time earlier in the venture’s life. Further, we propose that founders’ diversity strengthens this relationship, because diverse groups of founders have a broader range of knowledge, skills, and perspectives, which facilitates the adaptation of their prior shared international experience to their new venture setting. This is likely to further reduce the time it takes them to enter foreign markets for the first time. We also argue that industry dynamism weakens the relationship between founders’ prior shared international experience and the time to first foreign market entry, because this type of experience is likely to become obsolete in a rapidly changing environment. Finally, we hypothesize that early internationalizers enjoy higher performance than late internationalizers. We test these predictions using a sample of Swedish new ventures. Our results contribute to the literatures on founders’ shared experience and early internationalization.
International opportunity development on crowdfunding platforms: A spatial, temporal, and structural framework
Ahsan, M., Musteen, M.
Despite the prevalence and global diffusion of digital platforms, the international entrepreneurship literature has paid limited attention to the latent potential of this type of digital context for the emergence and actualization of international opportunities (IOs). Drawing on the cognitive and digital entrepreneurship literature, we develop a framework that focuses on the spatial, temporal, and structural dimensions of digital crowdfunding platforms. We elucidate how these three contextual dimensions influence the IO development, namely IO recognition, evaluation, and exploitation. We present three testable propositions, an illustrative case, and a future research agenda that provide a foundation for research on IOs in the digital context.
Journal of Small Business Management – DOI: https://doi.org/10.1080/00472778.2021.1955124
Capabilities and Performance of Early Internationalizing Firms: A Systematic Literature Review
Jie, S., Harms, R., Groen, A.J., Jones, P.
International-entrepreneurship researchers use a capability-based perspective to analyze the international performance of early-internationalizing firms. More than 300 papers seem to address the role of capabilities in international performance. The purpose of this study is to structure this literature and provide an orientation for researchers. First, we develop a capability-categorization model. Second, we use this model in conjunction with our systematic literature review to identify which capabilities dominate the literature and which may have been overlooked. Third, we find that, in a significant share of the papers, “capability” is defined rather loosely, which impedes theory development at the interface of the capability-based perspective and international entrepreneurship. We conclude with a research agenda for future capabilities-based international-entrepreneurship research.