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International Entrepreneurship and Management Journal

Erschienen in:

01.09.2015

Nascent entrepreneurs’ personality attributes and the international dimension of new ventures

verfasst von: Fernando Muñoz-Bullón, Maria J. Sánchez-Bueno, Antonio Vos-Saz

Erschienen in: International Entrepreneurship and Management Journal | Ausgabe 3/2015

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Abstract

In the present paper, we examine the international scale of new venture’s operations. We argue that several dimensions reflecting entrepreneurial orientation (proactiveness, risk taking and innovativeness) are important determinants of nascent entrepreneur’s entry into foreign markets. We apply logistic regression techniques to a sample of nascent entrepreneurs for the United States and the European Union obtained from the GEM dataset for the period 2001–2008. Our results show that the nascent entrepreneur’s propensity to export is positively associated with both their proactiveness and their new venture’s innovativeness. Our analysis, therefore, implies that when making decisions on export, nascent entrepreneurs’ entrepreneurial orientation affect their willingness to operate beyond national boundaries.

Vorheriger Artikel Entrepreneurial firms’ choice of ownership forms

Nächster Artikel Innovation and entrepreneurship studies: one or two fields of research?

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Proactive behavior (as the opposite of reactive behavior) relates to aggressive posturing relative to competitors, with emphasis on the execution and follow-up of tasks in pursuit of the firm’s objectives.

This liability of foreignness implies that firms need to possess compensating advantages in order to compete viably in unfamiliar markets abroad (Zaheer and Mosakowski 1997).

We have therefore used the total early-stage entrepreneurial activity (TEA) index to discard from our sample those individuals currently owning a business that is over 42 months old. The TEA index measures the proportion of a country’s population aged 18 to 64 who are either in the start-up phase or are managing/owning a business less than 42 months old (individuals engaged in both activities in a given year are counted only once; Reynolds et al. 2005). This index, therefore, measures the level of new business activity within a country.

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Titel: Nascent entrepreneurs’ personality attributes and the international dimension of new ventures
verfasst von: Fernando Muñoz-Bullón
Maria J. Sánchez-Bueno
Antonio Vos-Saz
Publikationsdatum: 01.09.2015
Verlag: Springer US
Erschienen in: International Entrepreneurship and Management Journal / Ausgabe 3/2015
Print ISSN: 1554-7191
Elektronische ISSN: 1555-1938
DOI: https://doi.org/10.1007/s11365-013-0284-1

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