Born Globals and Accidental Internationalists: Has Hennart (2014) Opened a Can of Worms?Review of International Business and Strategy (2017)
Purpose: This paper is a response to Hennart's (2014) challenge to the existing born global literature. In his challenge, Hennart proposes a simpler explanation of why some firms internationalize earlier and more aggressively than others. However, such a parsimonious model of born global firms raises the awkward question of whether born global firms are indeed any different from firms that internationalize more gradually.
Design: Using two extensive surveys of Australian exporters, this paper first explores the degree to which a set of six 'facilitating factors' that Hennart puts forward are different across born global and non-born global firms. Next, it tests the second aspect of the debate highlighted above – i.e. whether born global firms behave differently from non-born global firms. This is done by testing for differences in the patterns of early market selection for born global and non-born global firms.
Findings: Support is found for both the role of facilitating factors, and for the view that born global firms behave differently from non-born global firms. As a result it is proposed that the Hennart and the RBV-oriented explanations of born global firms need to be viewed as complementary, rather than competing. Each may represent a necessary but not sufficient condition with respect to born global firms.
Originality: A systematic testing for differences in facilitating factors and market selection patterns across born global and non-born global firms are both issues that have major implications for the born global literature, and yet have been left largely unexplored to date.
- born global,
- International new ventures,
- market selection
Citation InformationDouglas Dow. "Born Globals and Accidental Internationalists: Has Hennart (2014) Opened a Can of Worms?" Review of International Business and Strategy Vol. 27 Iss. 3 (2017) p. 286 - 307
Available at: http://works.bepress.com/douglas_dow/30/