Speed of internationalization and entrepreneurial cognition: Insights and a comparison between international new ventures, exporters and domestic firms

Acedo, F.J. and Jones, M.V. (2007) Speed of internationalization and entrepreneurial cognition: Insights and a comparison between international new ventures, exporters and domestic firms. Journal of World Business, 42(3), pp. 236-252. (doi:10.1016/j.jwb.2007.04.012)

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Publisher's URL: http://dx.doi.org/10.1016/j.jwb.2007.04.012

Abstract

This paper examines four aspects of managerial cognition among firms, as differentiated by speed of market entry. Aspects are: risk perception, proactivity, tolerance for ambiguity and international orientation. Internationalization speed is indicated by rapidity of first market entry resulting in three groups of firms: international new ventures, traditional exporters and domestic firms. For all groups, proactivity is the basic premise for risk perception, which in turn is the key variable in relation to internationalization speed. Risk perception is the element that may prevent a firm from internationalizing at all, in a timely manner, or fast enough to capture available opportunities.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Acedo, Dr Francisco and Jones, Professor Marian
Authors: Acedo, F.J., and Jones, M.V.
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HB Economic Theory
College/School:College of Social Sciences > Adam Smith Business School > Management
University Centres > Centre for Internationalisation and Enterprise Research
Research Group:CIER - Centre for Internationalisation and Enterprise Research
Journal Name:Journal of World Business
ISSN:1090-9516
ISSN (Online):1878-5573
Published Online:24 May 2007

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