Nascent entrepreneurs' personality attributes and the international dimension of new ventures Articles uri icon

publication date

  • September 2015

start page

  • 473

end page

  • 492

issue

  • 3

volume

  • 11

International Standard Serial Number (ISSN)

  • 1554-7191

Electronic International Standard Serial Number (EISSN)

  • 1555-1938

abstract

  • In the present paper, we examine the international scale of new venture's operations. We argue that several dimensions reflecting entrepreneurial orientation (proactiveness, risk taking and innovativeness) are important determinants of nascent entrepreneur's entry into foreign markets. We apply logistic regression techniques to a sample of nascent entrepreneurs for the United States and the European Union obtained from the GEM dataset for the period 2001-2008. Our results show that the nascent entrepreneur's propensity to export is positively associated with both their proactiveness and their new venture's innovativeness. Our analysis, therefore, implies that when making decisions on export, nascent entrepreneurs' entrepreneurial orientation affect their willingness to operate beyond national boundaries.