Founder ethnic composition, early internationalization, and new venture performance

Guohua Jiang, Masaaki Kotabe, Feng Zhang

Research output: Contribution to journalArticlepeer-review

3 Scopus citations


This study empirically examines the role of founder ethnic composition in international new venture (INV) strategy choice and performance. We find that new ventures with more immigrant entrepreneurs on the founding team have an advantage of pursuing an INV strategy to generate higher revenues. Moreover, new ventures with an ethnically diversified founding team tend to achieve higher revenues and profits. Our findings suggest that immigrant entrepreneurs can align available immigrant resources with their new ventures’ international strategy to increase venture performance. This study contributes to both immigrant and international entrepreneurship literature. Managerial and policy implications are also discussed.

Original languageEnglish (US)
Pages (from-to)419-443
Number of pages25
JournalJournal of International Entrepreneurship
Issue number4
StatePublished - Dec 2020

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting (miscellaneous)


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