Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/45098
Authors: 
Naudé, Wim
Rossouw, Stephanié
Year of Publication: 
2009
Series/Report no.: 
Research paper / UNU-WIDER 2009.16
Abstract: 
We use data on 3,948 Chinese firms obtained from the World Bank's Investment Climate Private Enterprise Survey to investigate early international entrepreneurship (international new ventures) in China. The extent of early international entrepreneurship in China is significant: 65 per cent of the exporting firms start export operations within three years. Foreign shareholders within the firm and an entrepreneur with previous exporting experience are noted to significantly increase the probability that a firm internationalizes early. However, we find marked differences in the behaviour of indigenous and foreign-invested firms. Thus, while business networks are significant for firms wishing to export indirectly and for older indigenous firms, it is noted to delay the internationalization process of indigenous firms. Also, for an indigenous firm, the greater the foreign experience of its entrepreneur, the less likely it is to start exporting early.
Subjects: 
entrepreneurship
internationalization
international new ventures
exports
China
JEL: 
L26
L25
F14
F23
O53
ISBN: 
978-92-9230-185-9
Document Type: 
Working Paper

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