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Journal of International Entrepreneurship

, Volume 17, Issue 3, pp 305–333 | Cite as

The effect of immigrants in the founding team on the international attention of new ventures

  • Jana DrechslerEmail author
  • Jan-Thomas Bachmann
  • Andreas Engelen
Article

Abstract

Do immigrants as part of founding teams lead to internationally recognized new ventures? Using secondary data from multiple sources, we find a positive relationship between immigrants on the founding team of digitized US-based new ventures and international attention of the firm and that this relationship is negatively moderated by both the financial situation of the new venture and the size of the new venture’s top management team. Our findings suggest that founders from foreign nationalities play a key role in the international attention attraction efforts of newly founded US firms. Thus, it is emphasized that immigrant entrepreneurs play a key role in enabling internationalization efforts of new ventures, especially by aligning available resources with international operations of new ventures.

Keywords

Immigrants New venture international strategic orientation International attention Top management team Founding team composition Internationalization 

Abstrakt

Führen Einwanderer als Teil von Gründungsteams zu international anerkannten Start-up-Unternehmen? Unter Verwendung von Sekundärdaten aus verschiedenen Quellen wird eine positive Beziehung zwischen Einwanderern im Gründungsteam von digitalisierten US-amerikanischen Start-ups und der internationalen Aufmerksamkeit der Firma festgestellt. Weiterhin wird gezeigt, dass diese Beziehung sowohl durch die finanzielle Situation des neuen Unternehmens als auch durch die Größe des Top-Management-Teams des Start-ups negativ beeinflusst wird. Unsere Ergebnisse deuten darauf hin, dass Gründer ausländischer Nationalitäten eine Schlüsselrolle bei der internationalen Aufmerksamkeitsgewinnung neu gegründeter US-Unternehmen spielen. So wird herausgestellt, dass immigrierte Unternehmer eine Schlüsselrolle bei der Ermöglichung der Internationalisierung neuer Unternehmen spielen, insbesondere durch die Anpassung der verfügbaren Ressourcen an die internationalen Aktivitäten von Start-ups.

JEL classification

M13 M14 F22 F23 

Stichwörter

Einwanderer internationale strategische Ausrichtung von Start-ups internationale Aufmerksamkeit Top-Management-Team Zusammensetzung des Gründungsteams Internationalisierung 

Notes

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Authors and Affiliations

  1. 1.International and Strategic Management/TU DortmundDortmundGermany

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