Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review
Born Globals - Is there Fire Behind the Smoke? / Choquette, Eliane; Rask, Morten; Sala, Davide et al.
In: International Business Review, Vol. 26, No. 3, 01.06.2017, p. 448-460.Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review
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TY - JOUR
T1 - Born Globals - Is there Fire Behind the Smoke?
AU - Choquette, Eliane
AU - Rask, Morten
AU - Sala, Davide
AU - Schröder, Philipp
PY - 2017/6/1
Y1 - 2017/6/1
N2 - Are Born Globals really different from firms with other start-up histories? We address this question based on a unique longitudinal data set that tracks all Danish manufacturing start-ups founded between 1994 and 2008 (23,201 firms). This novel application of register data allows us to provide the first detailed account of Born Globals compared to proper control groups of other start-ups. Chiefly we investigate firm performance, which in turn permits interference on socioeconomic impact. We find that the occurrence of BGs is not specific to certain sectors, nor does their frequency change in light of rapid ICT progress. However, we find that Born Globals have significantly higher turnover and employment levels as well as job growth rates. Moreover, they show a considerably wider market reach, but little to no productivity advantage compared to firms with less or later internationalization. Thus, Born Globals are special in some but not all aspects.
AB - Are Born Globals really different from firms with other start-up histories? We address this question based on a unique longitudinal data set that tracks all Danish manufacturing start-ups founded between 1994 and 2008 (23,201 firms). This novel application of register data allows us to provide the first detailed account of Born Globals compared to proper control groups of other start-ups. Chiefly we investigate firm performance, which in turn permits interference on socioeconomic impact. We find that the occurrence of BGs is not specific to certain sectors, nor does their frequency change in light of rapid ICT progress. However, we find that Born Globals have significantly higher turnover and employment levels as well as job growth rates. Moreover, they show a considerably wider market reach, but little to no productivity advantage compared to firms with less or later internationalization. Thus, Born Globals are special in some but not all aspects.
KW - Global start-up; International entrepreneurship; Export; Longitudinal; Secondary data source; Econometrics; Register data; Born global
U2 - 10.1016/j.ibusrev.2016.10.005
DO - 10.1016/j.ibusrev.2016.10.005
M3 - Journal article
VL - 26
SP - 448
EP - 460
JO - International Business Review
JF - International Business Review
SN - 0969-5931
IS - 3
ER -