TY  - BOOK
AU  - Coeurderoy,Régis
AU  - Cowling,Marc
AU  - Licht,Georg
AU  - Murray,Gordon C.
TI  - Young firm internationalization and survival: empirical tests on a panel of "adolescent" new technology-based firms in Germany and the UK
SN  - 02662426
AV  - HD2341.169 
PY  - 2012///
CY  - London
PB  - Sage
KW  - Business start-up
KW  - High technology
KW  - Firm performance
KW  - Germany
KW  - United Kingdom
N2  - This paper uses a unique, longitudinal data set of UK and German new technology-based firms (NTBFs) to investigate the determinants of internationalization and firm survival. Specifically, it tests the influence of absorptive capacity, inter-firm specific relationships and international exposure on survival. Its key findings are that high absorptive capacity increases survival probabilities; specific customer–supplier relationships enhance survival; and the greater the firm’s exposure to internationalization activity, the higher its subsequent chance of survival. Thus, the paper provides evidence that young firms are more likely to survive when they pursue an internationalization strategy based on resource consolidation
UR  - https://doi.org/10.1177/0266242610388542
ER  -