Fast and Furious or Slow and Cautious? The Joint Impact of Age at Internationalization, Speed, and Risk Diversity on the Survival of Exporting Firms

Meschi, Pierre‐Xavier; Ricard, Antonin; Moore, Ernesto Tapia

doi:10.1016/j.intman.2017.01.001

Cited by 72 publications

(69 citation statements)

References 64 publications

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“…The international entrepreneurship literature has emphasized on innumerable occasions the importance and differentiating effect of age at entry on internationalization (Autio et al, 2000; Gabrielsson et al, 2008). Nevertheless, we understand very little of how it actually affects this behavior (Hilmersson & Johansson, 2016; Meschi et al, 2017; Romanello & Chiarvesio, 2017), and it is generally associated with the pre-exporting to exporting phase, and the firm’s future development. In our analysis, we have proposed the duration of this initial effect on the firm’s future development, assuming that it gradually becomes diluted in a trade-off with the experience acquired in the process.…”

Section: Discussionmentioning

confidence: 99%

“…Following Hashai and Almor (2014) our work analyzes the connection between pre- and post-first entry behavior, attempting to better understand “sequences” in the internationalization process, where past behaviors influence future ones in a path-dependence view of the process (Welch & Paavilainen-Mäntymäki, 2014). Some recent research has analyzed the effect of age at entry on post-entry survival of INVs and the role of geographical diversification (Meschi et al, 2017; Patel et al, 2018).…”

Section: Theory and Hypothesesmentioning

confidence: 99%

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How does internationalization begin? The role of age at entry and export experience in the early stages of the process

Casillas

Acedo

Rodríguez‐Serrano

2020

BRQ Business Research Quarterly

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This article deals with two important concepts in the prior literature on the internationalization process: age at entry and export experience. Against previous research, we analyze how both of them influence simultaneously international behavior in the early stages of the internationalization process as a trade-off. For that aim, we analyze the influence of both variables on international behavior in the early stages of the internationalization process, from a dynamic perspective, looking at initial export behavior and speed during this period. We analyze export development process of 106 Spanish small and medium-sized enterprises (SMEs), most of them international new ventures, in their first 8 years of export activity, combining the effect of age at entry and experiential learning during this period, finding that age at entry and export experience exert not only a direct effect but also a moderation influence on initial export development, observing a trade-off between such influence as experience grows. JEL CLASSIFICATION: M16

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Section: Discussionmentioning

confidence: 99%

Section: Theory and Hypothesesmentioning

confidence: 99%

How does internationalization begin? The role of age at entry and export experience in the early stages of the process

Casillas

Acedo

Rodríguez‐Serrano

2020

BRQ Business Research Quarterly

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“…In addition, internationalizing to countries with similar cultural, political, and institutional characteristics facilitates communication and information flow between the firm and its target markets (Meschi et al, 2017). INVs that focus their international activities within a relatively similar country cluster can develop location-or region-specific advantages such as knowledge about institutions and markets (Dunning and Lundan, 2008).…”

Section: Speed Of Growth In Geographical Diversity and Export Performmentioning

confidence: 99%

Disentangling the effects of post-entry speed of internationalisation on export performance of INVs

Sadeghi

Rose

Chetty

2018

International Small Business Journal: Researching Entrepreneurs

101

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This paper aims to explore the under-researched topic of post-entry speed of internationalization (PSI) in the context of international new ventures (INVs). We unbundle PSI and examine its relationship with both financial and non-financial export performance, considering three related, but conceptually distinct, dimensions of PSI: internationalization intensity, spread, and geographical diversity. Building on organizational learning theory, we highlight different mechanisms that contribute to post-entry performance outcomes among INVs. Our findings from a sample of 112 INVs in New Zealand provide evidence that the three dimensions of PSI are distinct and that they have different impacts on financial and nonfinancial export performance. This paper contributes to the limited, yet growing body of literature on PSI by providing a deeper understanding of PSI and its constituent dimensions. In addition, this study offers new theoretical insights into how and why different dimensions of post-entry speed of internationalization can contribute to stronger export performance.

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“…To elaborate on these findings, we represent graphically the interaction effects between host institutional quality and experience depth (Figure II). We defined institutional quality as low for values below the mean and high for values above the mean (see also Meschi, Ricard and Moore, 2017). We can draw several observations from Figure II.…”

Section: ---Insert Tables Iii-v Here ---mentioning

confidence: 99%

Why wait? Organizational learning, institutional quality and the speed of foreign market re-entry after initial entry and exit

Surdu

Mellahi

Glaister

et al. 2018

Journal of World Business

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Fast and Furious or Slow and Cautious? The Joint Impact of Age at Internationalization, Speed, and Risk Diversity on the Survival of Exporting Firms

Cited by 72 publications

References 64 publications

How does internationalization begin? The role of age at entry and export experience in the early stages of the process

How does internationalization begin? The role of age at entry and export experience in the early stages of the process

Disentangling the effects of post-entry speed of internationalisation on export performance of INVs

Why wait? Organizational learning, institutional quality and the speed of foreign market re-entry after initial entry and exit

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