Born globals, the choice of globalization strategy, and the market's perception of performance
Abstract
This paper analyzes which characteristics of born global firms determine their choice for international entry mode. Using a logistic regression analysis, we study 124 newly public firms in the United States that undertake 261 international joint ventures or international acquisitions within the first 6 years of their founding. We find that the market responds positively to announcements of international expansions by born global firms, and that...
Paper Details
Title
Born globals, the choice of globalization strategy, and the market's perception of performance
Published Date
Sep 1, 2007
Journal
Volume
42
Issue
3
Pages
322 - 335
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