Born globals – presence, performance and prospects
Pontus Braunerhjelm () and
International Business Review, 2019, vol. 28, issue 1, 60-73
The concept born global firms has gained a spectacular increase in interest from both academic and political circles. Rigorous quantitative treatment of born global firms are however rare in the international business/economics literature. Implementing unique data on all Swedish start-ups during 1998–2008 in the manufacturing sector, we conclude that born global firms are a very rare event, that their prevalence seems invariant to time, and that they perform similar to other matched “twin” firms with regard to profitability and productivity but report a considerably higher growth in employment and sales. These results are robust to a wider definition of born global firms and to the timing of performance measurements.
Keywords: Born globals; Internationalization; Entrepreneurship; Twin firms; Performance (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:iburev:v:28:y:2019:i:1:p:60-73
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