Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs
Objective: The objective of the article is to explore the impact of intellectual capital on firms’ propensity for early internationalization. Research Design & Methods: The scientific argument relied on scrutinizing the current knowledge base in the field and conducting empirical stud...
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| Format: | Article |
| Language: | English |
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Cracow University of Economics
2024-12-01
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| Series: | Entrepreneurial Business and Economics Review |
| Subjects: | |
| Online Access: | https://eber.uek.krakow.pl/eber/article/view/2728 |
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| _version_ | 1849762192190078976 |
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| author | Krystian Bigos Adam Michalik |
| author_facet | Krystian Bigos Adam Michalik |
| author_sort | Krystian Bigos |
| collection | DOAJ |
| description |
Objective: The objective of the article is to explore the impact of intellectual capital on firms’ propensity for early internationalization.
Research Design & Methods: The scientific argument relied on scrutinizing the current knowledge base in the field and conducting empirical studies among Austrian startups. From these studies, we constructed a logistic regression model.
Findings: According to the study findings, there exists a favourable dependence between prior international experience, level of education, and the early internationalization of new ventures.
Implications & Recommendations: The study carries several practical implications. Entrepreneurs aiming for early internationalization should draw on their prior international exposure and recruit employees with similar experience. Furthermore, the significance of education level was noteworthy. A higher level of education correlates with a higher probability of early internationalization.
Contribution & Value Added: The article addresses areas of research that have not yet been explored in early internationalization analyses. It can act as a foundation for more comprehensive studies on this phenomenon, including ventures from different countries.
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| format | Article |
| id | doaj-art-5a9f09052c87440fb97e012d5a84b3b7 |
| institution | DOAJ |
| issn | 2353-8821 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Cracow University of Economics |
| record_format | Article |
| series | Entrepreneurial Business and Economics Review |
| spelling | doaj-art-5a9f09052c87440fb97e012d5a84b3b72025-08-20T03:05:49ZengCracow University of EconomicsEntrepreneurial Business and Economics Review2353-88212024-12-0112410.15678/EBER.2024.120410Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEsKrystian Bigos0https://orcid.org/0000-0001-6030-4119Adam Michalik1https://orcid.org/0000-0002-9333-408XKrakow University of EconomicsKrakow University of Economics Objective: The objective of the article is to explore the impact of intellectual capital on firms’ propensity for early internationalization. Research Design & Methods: The scientific argument relied on scrutinizing the current knowledge base in the field and conducting empirical studies among Austrian startups. From these studies, we constructed a logistic regression model. Findings: According to the study findings, there exists a favourable dependence between prior international experience, level of education, and the early internationalization of new ventures. Implications & Recommendations: The study carries several practical implications. Entrepreneurs aiming for early internationalization should draw on their prior international exposure and recruit employees with similar experience. Furthermore, the significance of education level was noteworthy. A higher level of education correlates with a higher probability of early internationalization. Contribution & Value Added: The article addresses areas of research that have not yet been explored in early internationalization analyses. It can act as a foundation for more comprehensive studies on this phenomenon, including ventures from different countries. https://eber.uek.krakow.pl/eber/article/view/2728international new venturesinternationalizationearly internationalizationAustriaintellectual capital |
| spellingShingle | Krystian Bigos Adam Michalik Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs Entrepreneurial Business and Economics Review international new ventures internationalization early internationalization Austria intellectual capital |
| title | Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs |
| title_full | Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs |
| title_fullStr | Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs |
| title_full_unstemmed | Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs |
| title_short | Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs |
| title_sort | intellectual capital and new ventures early internationalization firm level analysis of austrian smes |
| topic | international new ventures internationalization early internationalization Austria intellectual capital |
| url | https://eber.uek.krakow.pl/eber/article/view/2728 |
| work_keys_str_mv | AT krystianbigos intellectualcapitalandnewventuresearlyinternationalizationfirmlevelanalysisofaustriansmes AT adammichalik intellectualcapitalandnewventuresearlyinternationalizationfirmlevelanalysisofaustriansmes |