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• W2136810395 abstract "In this paper we address three challenges. First, we discuss how international new ventures ( INVs ) are probably not explained by the U ppsala model as there is no time for learning about foreign markets in newly born and small firms. Only in the longer term can INVs develop experiential learning to overcome the liability of foreignness as they expand abroad. Second, we advance theoretically on previous research demonstrating that the multinationality−performance relationship of INVs follows a traditional S ‐shaped relationship, but they first experience a ‘born global illusion’ which leads to a non‐traditional M curve. Third, using a panel data analysis for the period 1994–2008 we find empirically that S panish INVs follow an inverted U curve in the very short term, where no learning takes place, but that experience gained over time yields an M ‐curve relationship once learning takes place." @default.
• W2136810395 created "2016-06-24" @default.
• W2136810395 creator A5017657872 @default.
• W2136810395 creator A5084730139 @default.
• W2136810395 date "2013-06-06" @default.
• W2136810395 modified "2023-10-16" @default.
• W2136810395 title "The <scp>M C</scp>urve and the Performance of <scp>S</scp>panish International New Ventures" @default.
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• W2136810395 doi "https://doi.org/10.1111/1467-8551.12022" @default.
• W2136810395 hasPublicationYear "2013" @default.
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