Liabilities, Advantages, and Buffers of Newness: How Young Age Makes Internationalization Possible

A1 Journal article (refereed)


Internal Authors/Editors


Publication Details

List of Authors: Maija Renko, Sumit K. Kundu, Rodney Shrader, Alan L. Carsrud, Annaleena Parhankangas
Publisher: Sage publishing
Publication year: 2016
Journal: Group and Organization Management
Volume number: 41
Issue number: 6
Start page: 786
End page: 822
eISSN: 1552-3993


Abstract

This article presents a conceptual discussion and a theoretical framework explaining how the liabilities of newness, which are traditionally thought of as disadvantages that young companies face, contribute to early firm internationalization. Through a systematic analysis of the liabilities that international new ventures face, as well as the liabilities and the advantages that a young age provides, we are able to integrate findings from the existing body of diffuse research on newness and internationalization, and develop propositions for future empirical research. Based on previous liabilities of newness and foreignness research, our study provides a novel theoretical model that explains early internationalization over and beyond existing internationalization models.

Last updated on 2019-21-08 at 05:48