Informal institutions and international entrepreneurship
informal institutions, internationalization, early-stage, entrepreneurship, multi-level modeling
This study examines the influence of three informal institutions, performance orientation, self-expression and social desirability, on the extent of internationalization by early stage entrepreneurial firms. We employed multi-level modeling techniques using 20,656 individual-level responses obtained from the Global Entrepreneurship Monitor (GEM) survey for 39 countries from 2001 to 2008, and supplementing with country-level data obtained from the World Values Survey (WVS) and the Global Leadership and Organizational Behavior Effectiveness (GLOBE) study. The results demonstrate that high performance orientation, high self-expression, and low social desirability of entrepreneurship in societies increase the extent of internationalization by early-stage entrepreneurial firms. The study promotes new theory and empirical findings on the relationship between informal institutions and entrepreneurial agency.
Muralidharan, E. & Pathak, S. (2017). Informal Institutions and International Entrepreneurship. International Business Review, 26(2): 288-302. https://doi.org/10.1016/j.ibusrev.2016.07.006
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