This paper presents a conceptual discussion and a theoretical framework explaining how the liabilities of newness, which are traditionally thought of as disadvantages that young companies face, contribute to early firm internationalization. Through a systematic analysis of the liabilities that...

This research examines the innovation process that includes sources, development, and uses of innovation in the field of modern biotechnology. Based on existing literature and primary qualitative data collected from 39 young, small American biotechnology firms we show how biotechnology...

If we are to understand how entrepreneurial intentions evolve, we must embrace theories reflecting the inherent dynamics of human decision making. While the dominant model of entrepreneurial intentions remains invaluable, capturing the dynamics is necessary to advance our understanding of how...

If we are to understand how entrepreneurial intentions evolve, we must embrace theories reflecting the inherent dynamics of human decision making. While the dominant model of entrepreneurial intentions remains invaluable, capturing the dynamics is necessary to advance our understanding of how...

Constrained by the regulatory requirements of a nonprofit, researchers have been tempted to posit that commercial ventures and nonprofit social ventures share different interpretations of the contribution of growth and profit to success measures. Social ventures must nonetheless tackle...

This paper reports on preliminary findings on a study of the relationship of growth and profitability among small privately held Finnish Life Science firms. Previous research results concerning growth and profitability are mixed, ranging from strongly positive to a negative relationship. The...