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A study of the moderating effects of firm age at internationalization on firm survival and short-term growth

Carr, John C. - ; Zahra, Shaker A. - ; Hmieleski, Keith M. - ; Haggard, K. Stephen - ;

Research on firm internationalization has focused primarily on the antecedents, rather than outcomes, of the strategic decision to enter foreign markets. In addition, factors moderating the outcomes of internationalization have not received systematic analysis. Aiming to fill these gaps in the literature, the current study examines the moderating effects of firm age on postinternationalization survival and growth. Consistent with the liabilities of newness perspective, we suggest that firm age will have a positive moderating effect on postinternationalization survival. Building from the liabilities of aging perspective, we propose that firm age will have a negative moderating effect on postinternationalization short-term growth. We test these arguments using a longitudinal sample of 787 firms. Results showed that, postinternationalization, younger firms experienced significantly higher rates of short-term growth than older firms. Findings regarding firm age and survival, postinternationalization, were, however, not conclusive. Overall, our findings indicate that the timing of internationalization has important implications with regard to the short-term growth of firms. Copyright © 2010 Strategic Management Society.


Ketersediaan

Call NumberLocationAvailable
SEJ0402PSB lt.dasar - Pascasarjana1
PenerbitMalden Massachusetts: John Wiley & Sons Inc 2010
EdisiVol 4 No. 2, June 2010
SubjekFirm age
Internationalization
Firm Growth
Firm survival
liabilities of newness
ISBN/ISSN1932-4391
KlasifikasiNONE
Deskripsi Fisik9 p.
Info Detail SpesifikStrategic Entrepreneurship Journal
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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