Informal institutions and international entrepreneurship |
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Authors: | Etayankara Muralidharan Saurav Pathak |
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Institution: | 1. School of Business, 5-252J, 10700-104 Avenue, MacEwan University, Edmonton, Alberta, T5J4S2, Canada;2. Department of Management, Kansas State University, 311 Calvin Hall, Manhattan, KS, 66506, USA |
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Abstract: | This study examines the influence of three informal institutions, performance orientation, self-expression and social desirability, on the extent of internationalization by early stage entrepreneurial firms. We employed multi-level modeling techniques using 20,656 individual-level responses obtained from the Global Entrepreneurship Monitor (GEM) survey for 39 countries from 2001 to 2008, and supplementing with country-level data obtained from the World Values Survey (WVS) and the Global Leadership and Organizational Behavior Effectiveness (GLOBE) study. The results demonstrate that high performance orientation, high self-expression, and low social desirability of entrepreneurship in societies increase the extent of internationalization by early-stage entrepreneurial firms. The study promotes new theory and empirical findings on the relationship between informal institutions and entrepreneurial agency. |
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Keywords: | Informal institutions Internationalization Early-stage Entrepreneurship Multi-level modeling |
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