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Author:Nadkarni, S.
Herrmann, P.
Perez, P.D.
Title:Domestic mindsets and early international performance: The moderating effect of global industry conditions
Journal:Strategic Management Journal
2011 : MAY, VOL. 32:5, p. 510-531
Index terms:internationalization
performance appraisal
industries
companies
models
USA
Language:eng
Abstract:A sensemaking model of early internationalization binding domestic (henceforth as: dom.) mindsets to international (herein as: intr-al.) industry conditions and early intr-al. performance (as: perf.) is developed and tested. The fit btw. intr-al. industry conditions and dom. mindsets is argued to lead to superiour early intr-al. perf. Based on testing with a sample of nearly 180 large and established dom. firms from 20 industries, the results highlight the role of dom. mindsets in the early phases of internationalization, prescribing the types of dom. mindsets needed to maximize early intr-al. performance in global, multi-dom., and transnational industry conditions. There are also provided valuable insights for top management of large and established firms on how to reduce the risk of failure and how to successfully prepare for and get along with intr-al. environments.
SCIMA record nr: 273979
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