We test whether born-to-be-green represents a signal toward potential venture capital (VC) investors on a sample of Italian, independent, unlisted, high-tech entrepreneurial firms. We employ several identification strategies by controlling for the major potential signals, and the alleged...

This paper reviews the literature on internationalization process of international new ventures (or born global firms) which internationalize its operations much early in their journey, and in some cases right from inception. Internationalization behaviors of these firms do not match with the...

It took Intel, established in 1968, 27 years to reach a value of $150 billion; Oracle (1977) reached it in14 years; Google (1998) needed only three years; while Facebook (2004) made it in a mere 18 months. Nowadays, new startups are funded with tens of millions after 6 months of existence, and...