2 research outputs found
Early internationalising firms: the age effect on entrepreneurial behaviour
No full textThe article analyses the age related drivers, which influence young entrepreneurs' behaviour in early internationalising firms in two countries: Lithuania and Italy. Based on a multiple case studies approach, the study provides important insights into the young entrepreneurship stream of research by examining the phenomenon of born global under the lenses of entrepreneur's age. Lots of similarities emerge between young entrepreneurs in early internationalising firms from Lithuania and Italy. Findings suggest that almost all entrepreneurs tend to improve the visibility of the company by participating in national and international start-up contests. These are to be considered, along with the development of young entrepreneurs' professional bridging networks, as key drivers for acquiring capital and necessary connections for company's early internationalisation
Factors determining early internationalization of entrepreneurial SMEs: Theoretical approach
No full textPurpose - This study extends the scientific discussion of early internationalization of SMEs. The main purpose of this paper - to develop a theoretical framework to investigate factors determining early internationalization of international new ventures. Design/methodology/approach - The conceptual framework is built on the analysis and synthesis of scientific literature. Findings - This paper presents different factors, which determine early internationalization of international new ventures. These factors are divided to entrepreneurial, organizational and contextual factors. We argue that early internationalization of international new ventures is defined by entrepreneurial characteristics and previous experience of the entrepreneur, opportunities recognition and exploitation, risk tolerance, specific of the organization, involvement into networks and contextual factors. Study proved that only interaction between factors and categories has an effect for business development and successful implementation of early internationalization. Research limitations/implications - The research was conducted on the theoretical basis of scientific literature. The future studies could include a practical confirmation or denial of such allocation of factors. Originality/value - The originality of this study lies in the finding that factor itself has limited effect to early internationalization. Only the interoperability of categories and factors gives a positive impact on early internationalization of entrepreneurial SMEs
