According to transaction cost economics (TCE) reasoning, firms choose equity (as opposed to non-equity) foreign market entry modes to safeguard specific assets. The present paper contextualizes the well-researched relationship between asset specificity and foreign market entry mode choice by...

Despite significant differences between small and medium-sized enterprises (SMEs) and large multinational enterprises (MNEs), the majority of extant foreign market entry mode choice literature has focused on MNEs. The current state of knowledge regarding SME foreign market entry mode choice is...

This study presents the results of a meta-analysis of the financial performance of family firms. Drawing on a sample of 380 studies, we find that family firms show an economically weak, albeit statistically significant, superior performance compared to non-family firms. Furthermore, we find...

The central question that we address is how young technology firms (YTFs) learn about foreign markets when they venture abroad for the very first time. Drawing on learning theory, we develop and test a model for the entry learning and foreign-venture performance of YTF. Our empirical results...

Although learning plays a pivotal role in the internationalization context of the firm, studies elaborating aspects of learning of early internationalizers (as opposed to late internationalizers) are largely missing. We address this deficit by examining the process of learning in the entry phase...

Foreign market familiarity is a central construct, which both traditional Process Theories of Internationalization (PTI) and International New Venture Theory (INVT) emphasize. The present study combines PTI and INVT reasoning and develops an entrepreneurial process view to study pre- and...