Entrepreneurial orientation and international commitment |
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Authors: | María Ripollés-Meliá Martina Menguzzato-Boulard Luz Sánchez-Peinado |
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Institution: | 1. Dpto. de Administración de Empresas y Marketing, Facultat de Ciencias Jurídicas y Económicas, Universitat Jaume I, Campus del Riu Sec, s/n, 12071, Castellón, Spain 2. Dpto. de Dirección de Empresas “Juan José Renau Piqueras”, Facultat d’Economia, Universitat de València, Avda. dels Tarongers, s/n, 46022, Valencia, Spain
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Abstract: | This paper contributes to the development of the field of international corporate entrepreneurship (ICE) by examining the influences that the time lapse between foundation and first international market entry may have on the development of an entrepreneurial orientation (EO). Moreover, the paper highlights the existence of a positive relationship between the development of an entrepreneurial orientation and both internationalization decision and dimensions (degree, scope) in established companies. Based on a sample of 155 Spanish firms, our findings suggest that an entrepreneurial orientation positively influences a firm’s propensity to internationalize activities. The results obtained confirm the idea that fast entry into foreign markets is positively related to the development of an entrepreneurial orientation in established firms, and that firms with a marked entrepreneurial orientation have higher relative international sales and operate in a greater number of foreign countries. |
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