Abstract
There exists a growing body of literature examining firms that internationalise soon after their inception. Such firms are commonly referred to as international new ventures (INVs) and are defined as ‘business organisations that from inception seek to derive significant competitive advantages from the use of resources and the sale of outputs in multiple countries’ (Oviatt and McDougall, 1994: 49). Although many terms now define the phenomenon, those of ‘born global’ and ‘international new venture’ have become somewhat interchangeable, as have the criteria used to categorise them. In this chapter we mostly use the INV term because this can be seen as more encompassing.
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© 2015 Natasha Evers, Olli Kuivalainen and Svante Andersson
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Evers, N., Kuivalainen, O., Andersson, S. (2015). Industry Factors Influencing International New Ventures’ Internationalisation Processes. In: Konara, P., Ha, Y.J., McDonald, F., Wei, Y. (eds) The Rise of Multinationals from Emerging Economies. The Academy of International Business. Palgrave Macmillan, London. https://doi.org/10.1057/9781137473110_13
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