Purpose The purpose of this paper is to provide a fresh insight into the examination of the comparison between multinationality and firm performance, measured through technical efficiency levels by overcoming methodological constraints and misunderstandings presented in earlier research....

This study examines the role and differential impact of industrial clustering in the internationalization of small technology-based firms. Serial innovator firms are a set of small, long-lived technology-based firms with a stellar record of inventive success. In contrast, non-serial innovators...