The Internationalization of New High-Potential U.S. Ventures: Antecedents and Outcomes
研究了61家美国高潜力新创企业国际化的前因与结果，发现产品差异化、董事会国际工作经验及IPO时规模影响国际化程度，而国际化水平与IPO后两年盈利正相关。
This study examined the antecedents and outcomes of the internationalization of 61 new high-potential ventures in the U.S. The results indicate that internationalization is directly related to the use of product differentiation as a source of competitive advantage, the international work experience of the board of directors, and size at the point of the IPO. The use of low cost, product differentiation, or innovation as a source of competitive advantage, and size at the point of the IPO were directly related to sales growth in the two-year period following the IPO. Finally, the level of Internationalization at the time of the IPO is positively related to earnings two years later.