Running faster and jumping higher? Survival and growth in international manufacturing new ventures

Francisco Puig; Miguel Gonzalez-Loureiro; Pervez N. Ghauri

doi:10.1177/0266242618777792

Running faster and jumping higher? Survival and growth in international manufacturing new ventures

Francisco Puig, Miguel Gonzalez-Loureiro^*, Pervez N. Ghauri

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

9 Citations (Scopus)

Abstract

Going international early is increasingly the choice of new ventures in manufacturing industries. However, does earliness provide a positive outcome for internationalisation? To answer this, we have longitudinally analysed 3181 manufacturing new ventures established between 2002 and 2012. Using Cox regressions, we found that the 124 late internationals had the lowest risk of failure, while the 229 early internationals could not compensate for their mortality risk with significantly higher levels of growth in the post-internationalisation period. We discuss why an early internationalisation is more perilous than beneficial and provide some suggestions for the internationalisation of new ventures in these industries.

Original language	English
Pages (from-to)	829-850
Number of pages	22
Journal	International Small Business Journal: Researching Entrepreneurship
Volume	36
Issue number	7
DOIs	https://doi.org/10.1177/0266242618777792
Publication status	Published - 1 Nov 2018

Keywords

earliness
growth
international new venture
internationalisation
risk
survival
Uppsala model

ASJC Scopus subject areas

Business and International Management

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10.1177/0266242618777792

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Running faster and jumping higher? Survival and growth in international manufacturing new ventures

Abstract

Keywords

ASJC Scopus subject areas

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