Abstract
This paper contributes to the development of the field of international corporate entrepreneurship (ICE) by examining the influences that the time lapse between foundation and first international market entry may have on the development of an entrepreneurial orientation (EO). Moreover, the paper highlights the existence of a positive relationship between the development of an entrepreneurial orientation and both internationalization decision and dimensions (degree, scope) in established companies. Based on a sample of 155 Spanish firms, our findings suggest that an entrepreneurial orientation positively influences a firm’s propensity to internationalize activities. The results obtained confirm the idea that fast entry into foreign markets is positively related to the development of an entrepreneurial orientation in established firms, and that firms with a marked entrepreneurial orientation have higher relative international sales and operate in a greater number of foreign countries.
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Notes
In other words, economic, political, social, and legal shifts.
This database contains references to 850,000 Spanish firms.
We first ran an ANOVA analysis, but the Levene test showed that data does not accomplish the assumption of homogeneity of variances.
We conducted an ordinal regression analysis because the dependent variable is ordinal; that is, its values present an ascendant order.
We conducted an ordinal regression analysis because the dependent variable is ordinal; that is, its values present an ascendant order.
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The authors wish to acknowledge the funding received from the Spanish Ministry of Science and Technology through the SEC2002-01878 project. This paper is also part of the “Analysis of Factors that Influence on Competitiveness and Business Performance of Global New Ventures” (GV/2007/102) research project, financially supported by the Valencian Government’s Ministry of Business, Universities and Science.
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Ripollés-Meliá, M., Menguzzato-Boulard, M. & Sánchez-Peinado, L. Entrepreneurial orientation and international commitment. J Int Entrepr 5, 65–83 (2007). https://doi.org/10.1007/s10843-007-0016-0
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DOI: https://doi.org/10.1007/s10843-007-0016-0