Determinants of early internationalization of new firms: the case of Chile |
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Authors: | José Ernesto Amorós Rodrigo Basco Gianni Romaní |
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Institution: | 1.Entrepreneurship Institute, School of Business and Economics,Universidad del Desarrollo,Las Condes,Chile;2.Witten/Herdecke University, Witten Institute for Family Business,Private Universit?t Witten/Herdecke,Witten,Germany;3.Entrepreneurship and SME Center, Economics and Business Faculty,Universidad Católica del Norte,Antofagasta,Chile |
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Abstract: | The aim of this article is to analyze the factors related to the early internationalization of new firms in Chile. We grouped the internationalization driver factors into three categories: individual, organizational, and firm-environmental factors. Using a sample of 374 entrepreneurs from Global Entrepreneurship Monitor data and performing a logistic regression model, we found that owner-manager’ high educational levels, opportunity-oriented motivation, new technology use, and activities related to extractive sectors (e.g., farming, forestry, fishing, and mining) contribute to a higher likelihood of early firm internationalizing. The implications for theory and practice are discussed. |
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