Abstract
International new ventures (INVs) that pursue rapid internationalisation have received a growing amount of attention worldwide. This study, therefore, examined characteristics of INVs, and hence investigated empirically the relationships among the technological characteristics of INVs, the characteristics of their chief executive officers (CEOs) (i.e., global orientation), and their internationalisation such as the level of internationalisation. The findings of this study can be summarised as follows: all of the technological characteristics (e.g., technological capacity, imitation, innovation, and standardisation) have significant effects on the internationalisation of INVs. Furthermore, the CEO’s global orientation mediated the relationship between the technological characteristics and internationalisation.
Highlights
This study aims to explore the role of the chief executive officers (CEOs)’ global orientation (“the intention of penetrating international market” [1]) in determining internationalisation
Throughout structural equation modelling (SEM), this study investigated the relationships among technological characteristics, global orientation, and internationalisation
The confirmatory factor analysis (CFA) was used to evaluate the measurement model, which was composed of six constructs by IBM AMOS 21.0 (New York, NY, USA)
Summary
This study aims to explore the role of the chief executive officers (CEOs)’ global orientation (“the intention of penetrating international market” [1]) in determining internationalisation. It is important for small- and medium-sized enterprises (SMEs) that aspire to sell their products at the global scale. The most general theory explaining companies’ internationalisation processes is the stage theory of internationalisation designed by Johanson and Vahlne [2] According to this theory, the internationalisation of companies is triggered by an increase in the accumulated knowledge about international markets and institutions. INVs are companies that have plans to conduct their business globally at the time of their founding
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
