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...

Aspects of internationalization found widespread interest in academic research. However, research attention has largely focussed on prominent large firms. Compared to research on multinational enterprises the state of knowledge about the internationalization of entrepreneurial companies is...

The present paper examines how the influence of prior entrepreneurial exposure on entrepreneurial intention is contingent on national culture. Applying the Theory of Planned Behavior, we test our hypotheses on a dataset of 253 students from Germany and Ethiopia. We find evidence that individuals...

Prior literature on international joint ventures (IJVs) has primarily focused on different stages of the IJV process such as the initiation or reconfiguration stage. However, extant research has largely neglected how changes from one stage to another impact on the stability of IJVs. To advance...