The Accidental Internationalists: A Theory of Born Globals

The distinguishing characteristic of international new ventures/born globals (INVs/BGs) is that they have foreign sales from the outset, or very quickly afterward. I argue that this is due to their business model. INVs/BGs sell to spatially dispersed customers distinctive niche products that incur l...

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Veröffentlicht in:Entrepreneurship theory and practice 2014-01, Vol.38 (1), p.117-135
1. Verfasser: Hennart, Jean-François
Format: Artikel
Sprache:eng
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Zusammenfassung:The distinguishing characteristic of international new ventures/born globals (INVs/BGs) is that they have foreign sales from the outset, or very quickly afterward. I argue that this is due to their business model. INVs/BGs sell to spatially dispersed customers distinctive niche products that incur low communication, transportation, and adaptation costs. In contrast to the firms described by the Uppsala model, selling to foreign customers does not require additional time or effort for INVs/BGs. Thus INVs/BGs can be seen as accidental internationalists.
ISSN:1042-2587
1540-6520
DOI:10.1111/etap.12076