What explains the degree of internationalization of early-stage entrepreneurial firms? A multilevel study on the joint effects of entrepreneurial self-efficacy, opportunity-motivated entrepreneurship, and home-country institutions

Article

Yang, M., Li, T. and Wang, Y. 2020. What explains the degree of internationalization of early-stage entrepreneurial firms? A multilevel study on the joint effects of entrepreneurial self-efficacy, opportunity-motivated entrepreneurship, and home-country institutions. Journal of World Business. 55 (6), pp. 1-21. https://doi.org/10.1016/j.jwb.2020.101114
TypeArticle
TitleWhat explains the degree of internationalization of early-stage entrepreneurial firms? A multilevel study on the joint effects of entrepreneurial self-efficacy, opportunity-motivated entrepreneurship, and home-country institutions
AuthorsYang, M., Li, T. and Wang, Y.
Abstract

Integrating recent theories of entrepreneurship with new institutional economics, we develop a multilevel model to deepen our knowledge of how micro-level entrepreneurs’ personality and motivational antecedents interact with macro-level home-country institutions in determining internationalization by early-stage entrepreneurial firms. Data were collected from Global Entrepreneurship Monitor Adult Population Survey, GEM National Expert Survey, and the World Economic Outlook Database for the year of 2014. The results show that the personality trait of entrepreneurial self-efficacy contributes positively to the degree of internationalization via mobilizing opportunity-motivated entrepreneurship and that home-country formal institutions strengthen the above relationship of such young entrepreneurial firms.

PublisherElsevier
JournalJournal of World Business
ISSN1090-9516
Electronic1878-5573
Publication dates
Online22 Jun 2020
Print01 Oct 2020
Publication process dates
Deposited30 Apr 2020
Accepted29 Apr 2020
Output statusPublished
Accepted author manuscript
License
Copyright Statement

© 2020. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.

Digital Object Identifier (DOI)https://doi.org/10.1016/j.jwb.2020.101114
LanguageEnglish
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