A Comparison of International and Domestic New Ventures

被引:19
作者
Patricia P. McDougall
Benjamin M. Oviatt
Rodney C. Shrader
机构
[1] Indiana University,
[2] Georgia State University,undefined
[3] University of Illinois,undefined
关键词
International new ventures; born globals; international entrepreneurship;
D O I
10.1023/A:1023246622972
中图分类号
学科分类号
摘要
Differences between international new ventures (INVs) and domestic new ventures (DNVs) were examined using a sample of 214 IPO new ventures (ventures 6 years old or less). INVs were found to be significantly different on the basis of their entrepreneurial team experience, strategy, and industry structure. Specifically, the entrepreneurial team of INVs exhibited higher levels of previous international and industry experience. The strategies of INVs were more aggressive, and they operated in more channels of distribution than did DNVs. INVs competed on the basis of differentiation, placing greater emphasis on product innovation, quality, service, and marketing as strategic weapons. In addition, INVs were more likely than DNVs to operate in industries characterized by a high degree of global integration.
引用
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页码:59 / 82
页数:23
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