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Entrepreneurs’ passion, home country’s institutional voids and small firm internationalization

Samuel Adomako, Joseph Amankwah-Amoah and Irene Chu

Research in International Business and Finance, 2020, vol. 53, issue C

Abstract: The international entrepreneurship literature has revealed that entrepreneurs’ psychological characteristics drive a firm’s degree of internationalization. However, drivers that relate to entrepreneurs’ passion are not well developed in the international entrepreneurship literature. To fill this gap, this study uses a sample of 233 small firms to examine how entrepreneurs’ passion is related to small firms’ degree of internationalization and it also investigates whether this relationship is affected by levels of the home country’s institutional voids. The results show that passion is positively related to firms’ degree of internationalization and this relationship is positively moderated by levels of institutional voids. Implications for theory and practice are discussed.

Keywords: Ghana; Africa; Entrepreneurs; Passion; Institutional voids; Small firms (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:53:y:2020:i:c:s0275531919300960

DOI: 10.1016/j.ribaf.2019.101178

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