Bals L, Berry H, Hartmann E, Rättich G (2013)
Publication Type: Book chapter / Article in edited volumes
Publication year: 2013
Publisher: JAI Press
Edited Volumes: Advances in International Management
Book Volume: 26
Pages Range: 397-433
DOI: 10.1108/S1571-5027(2013)0000026020
In this chapter, we embrace the recent phenomenon of early internationalizing firms with the goal of understanding these firms in light of decades of research on multinational firms, which has long stressed liabilities of foreignness. It is often implicitly assumed that the only way to reduce liabilities of foreignness is by doing business in foreign markets and learning about the local business environment. However, in this chapter, we focus on several distinctive antecedent firm characteristics that have been shown to facilitate early international expansion by firms, but which are not commonly considered in the international business literature. We perform a systematic review of the literature on early internationalizing firms (following David & Han, 2004), based on the seminal work of Oviatt and McDougall (1994) to guide our analysis of early internationalizing firms and to identify important ways in which these firms differ from multinational firms. We argue that long-standing arguments about the impact of liabilities of foreignness on firm foreign expansion apply to newly internationalizing firms, but that these liabilities are reduced by the experiences and knowledge of the founders and top managers in these firms acquired prior to the inception of these firms. Copyright © 2013 by Emerald Group Publishing Limited All rights of reproduction in any form reserved.
APA:
Bals, L., Berry, H., Hartmann, E., & Rättich, G. (2013). What Do We Know About Going Global Early? Liabilities of Foreignness and Early Internationalizing Firms. In Devinney T., Pedersen T., Tihanyi L. (Eds.), Advances in International Management. (pp. 397-433). JAI Press.
MLA:
Bals, Lydia, et al. "What Do We Know About Going Global Early? Liabilities of Foreignness and Early Internationalizing Firms." Advances in International Management. Ed. Devinney T., Pedersen T., Tihanyi L., JAI Press, 2013. 397-433.
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