New ventures going global: Cognition and context
研究了新创企业经理人的三种思维模式（世界主义、认知复杂性、风险倾向）如何影响他们对首次国际化机会的评估，并考察了东道国制度风险的调节作用。
The purpose of this study is to examine how three dimensions of new venture managers’ mindsets—cosmopolitanism, cognitive complexity, risk propensity—affect their evaluations of opportunities to expand internationally for the first time. We also consider a contingency that likely shapes the effects of mindset dimensions: the institutional risk of the country where the opportunity is located. Our focus on new ventures, risk propensity, and country institutional risk are novel in the study of managerial mindsets. We theorize that the three mindset dimensions are positively related to the attractiveness of international opportunities among new venture managers, but that country institutional risk weakens the effects of each dimension. Drawing on survey data of new venture managers in Italy, Turkey, and the US, we find general support for our hypotheses.