A chip off the old block: Founders' prior experience and the geographic diversification of export sales in international new ventures

Giuseppe Criaco, Lucia Naldi

Research output: Contribution to journalArticleAcademicpeer-review

1 Citation (Scopus)

Abstract

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.
Original languageEnglish
Article number106343
JournalJournal of Business Venturing
Volume39
Issue number1
DOIs
Publication statusPublished - Jan 2024

Bibliographical note

Funding Information:
We extend our gratitude to Area Editor Stephanie Fernhaber and three anonymous reviewers for their valuable comments and feedback, which significantly contributed to improving the quality of this article. We also acknowledge the insightful comments and feedback received from Mirko Benischke, Olli Kuivalainen, Felipe Monteiro, and Ivo Zander on earlier versions of this work. Additionally, we would like to express our appreciation to John Mawdsley for providing invaluable advice and assistance with the empirical analysis.

Publisher Copyright:
© 2023 The Authors

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