Internationalization of emerging-economy new ventures: The role of within-country differences

Stephanie Fernhaber, Dan Li and Aiqi Wu

Business Horizons, 2019, vol. 62, issue 4, 497-507

Abstract: New ventures are increasingly internationalizing from emerging economies, but the role of their home country and any associated within-country regional differences are not well understood. In this article, we look at a new venture in China and how its headquartered region promotes its internationalization. We present empirical evidence that shows the interrelatedness between a venture’s region and internationalization: When institutional development in a region is strong, the impact of foreign firm presence on venture internationalization becomes even stronger. We discuss implications for managers of multinational enterprises and new ventures operating in emerging economies as well as policymakers in these economies.

Keywords: Foreign firm presence; Institutional development; New venture internationalization; Regional differences; Emerging economies; China (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:62:y:2019:i:4:p:497-507

DOI: 10.1016/j.bushor.2019.03.004

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