A chip off the old block: Founders' prior experience and the geographic diversification of export sales in international new ventures
研究发现国际新创企业的出口地理多元化模式与创始人最近雇主的模式相似,因为创始人从雇主那里习得了地理多元化的行动逻辑,但创始人受雇时长的影响不显著。
Integrating the cognition literature in entrepreneurship and strategy with the career imprinting literature, we propose that the geographic diversification of export sales in international new ventures (INVs) resembles that of their founders' most recent (geographically diversified) employer because founders bear a repertoire of the ‘logics of action’ from their employers regarding how to diversify geographically. We then propose two boundary conditions that influence the relationship between the geographic diversification of export sales of founders' most recent employers and that of their INVs: length of exposure and time since last exposure to their most recent geographically diversified employer. We test these hypotheses using longitudinal data on a sample of 3420 INVs. Our findings broadly support our theoretical propositions except for the moderating role of founders' length of exposure.