Export propensity, export intensity and firm performance: The role of the entrepreneurial founding team

We investigate how the characteristics and experience of the entrepreneurial founding team (EFT) affect the export orientation and subsequent performance of the businesses they establish, while allowing for the mutually reinforcing relationship between exporting and productivity. Using a sample of U...

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Published inJournal of international business studies Vol. 43; no. 8; pp. 693 - 718
Main Authors Ganotakis, Panagiotis, Love, James H
Format Journal Article
LanguageEnglish
Published London Palgrave Macmillan 01.10.2012
Palgrave Macmillan UK
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Abstract We investigate how the characteristics and experience of the entrepreneurial founding team (EFT) affect the export orientation and subsequent performance of the businesses they establish, while allowing for the mutually reinforcing relationship between exporting and productivity. Using a sample of UK technology-based firms, we hypothesise and confirm that the set of EFT human capital needed for entering export markets is different from that required for succeeding in export markets. Commercial and managerial experience helps firms become exporters, but once over the exporting hurdle it is education, both general and specific, that has a substantially positive effect. The overall pattern of human capital effects on productivity is similar to those for export propensity. We also find evidence that productive firms are more likely both to enter export markets and to be export intensive, and that exporting boosts subsequent firm productivity.
AbstractList We investigate how the characteristics and experience of the entrepreneurial founding team (EFT) affect the export orientation and subsequent performance of the businesses they establish, while allowing for the mutually reinforcing relationship between exporting and productivity. Using a sample of UK technology-based firms, we hypothesise and confirm that the set of EFT human capital needed for entering export markets is different from that required for succeeding in export markets. Commercial and managerial experience helps firms become exporters, but once over the exporting hurdle it is education, both general and specific, that has a substantially positive effect. The overall pattern of human capital effects on productivity is similar to those for export propensity. We also find evidence that productive firms are more likely both to enter export markets and to be export intensive, and that exporting boosts subsequent firm productivity.
We investigate how the characteristics and experience of the entrepreneurial founding team (EFT) affect the export orientation and subsequent performance of the businesses they establish, while allowing for the mutually reinforcing relationship between exporting and productivity. Using a sample of UK technology-based firms, we hypothesise and confirm that the set of EFT human capital needed for entering export markets is different from that required for succeeding in export markets. Commercial and managerial experience helps firms become exporters, but once over the exporting hurdle it is education, both general and specific, that has a substantially positive effect. The overall pattern of human capital effects on productivity is similar to those for export propensity. We also find evidence that productive firms are more likely both to enter export markets and to be export intensive, and that exporting boosts subsequent firm productivity. [PUBLICATION ABSTRACT] Reprinted by permission of Palgrave Macmillan Ltd.
We investigate how the characteristics and experience of the entrepreneurial founding team (EFT) affect the export orientation and subsequent performance of the businesses they establish, while allowing for the mutually reinforcing relationship between exporting and productivity. Using a sample of UK technology-based firms, we hypothesise and confirm that the set of EFT human capital needed for entering export markets is different from that required for succeeding in export markets. Commercial and managerial experience helps firms become exporters, but once over the exporting hurdle it is education, both general and specific, that has a substantially positive effect. The overall pattern of human capital effects on productivity is similar to those for export propensity. We also find evidence that productive firms are more likely both to enter export markets and to be export intensive, and that exporting boosts subsequent firm productivity. [PUBLICATION ABSTRACT]
Author Love, James H
Ganotakis, Panagiotis
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  givenname: James H
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ISSN 0047-2506
IngestDate Tue Aug 20 02:51:33 EDT 2024
Thu Oct 10 20:08:03 EDT 2024
Thu Sep 12 19:08:43 EDT 2024
Sat Dec 16 12:02:54 EST 2023
Fri Feb 02 07:00:46 EST 2024
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Issue 8
Keywords human capital
entrepreneurial founding team
exporting
export intensity
productivity
Language English
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OpenAccessLink https://publications.aston.ac.uk/id/eprint/19046/1/Export_propensity_export_intensity_and_firm_performance.pdf
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PublicationTitle Journal of international business studies
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Snippet We investigate how the characteristics and experience of the entrepreneurial founding team (EFT) affect the export orientation and subsequent performance of...
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springer
jstor
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Publisher
StartPage 693
SubjectTerms Business and Management
Business innovation
Business Strategy/Leadership
Business structures
Education
Entrepreneurs
Entrepreneurship
Evidence
Export-oriented industry
Exports
Globalization
Human capital
Hypothesis
International Business
Management
Organization
Productivity
R&D
Research & development
Small & medium sized enterprises-SME
Small businesses
Startups
Studies
Technical education
Technological innovation
United Kingdom
Title Export propensity, export intensity and firm performance: The role of the entrepreneurial founding team
URI https://www.jstor.org/stable/41674518
https://link.springer.com/article/10.1057/jibs.2012.16
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https://search.proquest.com/docview/1272079177
Volume 43
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