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Entrepreneurs' Passion, Home Country's Institutional Voids and Small Firm Internationalization
Adomako, Samuel ; Amankwah-Amoah, J. ; Chu, Irene
Adomako, Samuel
Amankwah-Amoah, J.
Chu, Irene
Publication Date
2020-10
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openAccess
Accepted for publication
28/12/2019
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Abstract
The international entrepreneurship literature has revealed that entrepreneurs’ psychological characteristics drive a firm’s degree of internationalization. However, drivers that relate to entrepreneurs’ passion are not well developed in the international entrepreneurship literature. To fill this gap, this study uses a sample of 233 small firms to examine how entrepreneurs’ passion is related to small firms’ degree of internationalization and it also investigates whether this relationship is affected by levels of the home country’s institutional voids. The results show that passion is positively related to firms’ degree of internationalization and this relationship is positively moderated by levels of institutional voids. Implications for theory and practice are discussed.
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Adomako S, Amankwah-Amoah J and Chu I (2020) Entrepreneurs' Passion, Home Country's Institutional Voids and Small Firm Internationalization. Research in International Business and Finance. 53: 101178.
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Article