Abstract

Research on international new ventures (INVs) has emphasized the factors which enable young firms to overcome resource limitations and internationalize at an early age. Recently, Internetbased companies have accumulated resources and overcome liabilities of newness (Stinchcombe, 1965), foreignness (Zaheer, 1995) and outsidership (Johanson & Vahlne, 2009) to internationalize at unprecedented speed, despite a lack of previously-studied facilitating factors. I label such firms eINVs and define them by modifying the widely-spread definition of INVs (Oviatt & McDougall, 2005) to reflect the internet context: an eINV is a venture whose business model is based on a digital platform and that, from inception, seeks to derive significant competitive advantage from international growth (Reuber, Fischer & Morgan-Thomas, 2015).

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