Globalization and e-commerce pose new challenges and provide new competitive opportunities, especially for small- and medium-sized enterprises (SMEs) seeking to broaden their involvement into new international markets. Yet, SMEs are only beginning to embrace these new opportunities. The authors...

We explore the impact of an entrepreneur’s cultural capital on the performance of new ventures in both mature and transition economies. Results show that individualistic values of the founder influence early performance of new ventures, irrespective of the country context; and that in less...