Abstract
This study was designed to explore the research question: How do alliance networks of a new venture affect the venture's speed of internationalization? To address this question, this paper builds a theoretical framework, from the network perspective, to systematically examine the effects of multiple network constructs. A set of longitudinal data of new ventures in the U.S. biotechnology industry was collected and employed for data analysis. The results show that both network content (number and features of alliances and characteristics of partners) and network structure (network density) are important to new ventures' speed of internationalization.
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