Breakthrough innovations are difficult to create; yet they are critical to long term competitive advantage. This highlights the considerable opportunities and risks that face corporate entrepreneurs. We study the complex explorative and exploitative entrepreneurial processes of multinational...

The early years are a particularly hazardous period for new ventures. This paper focuses on the survival of international new ventures (INVs), approaching the question from an empirical point of view. It is pointed out that the choice of an INV strategy is endogenous, in the sense the firms...