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Maturing born globals in Latin America: the effect of product innovation and access to finance on performance
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Resumo(s)
Within the field of international business and entrepreneurship, the following project investigates an underexplored topic, namely the post- establishment performance of maturing Born Globals in Latin America relative to younger Born Globals. A quantitative approach is applied, where firm- level secondary data from 14 Latin American countries is analyzed using multiple regression with interaction terms. The results illustrate that maturing Born Globals tend to have lower sales growth compared to younger Born Globals, while failing to detect that product innovation affect younger and maturing Born Globals differently. Access to finance as a moderator appear to be insignificant in the full sample, while the findings in the Peruvian context illustrate that the sales growth of maturing Peruvian Born Globals is more negatively affected by difficulties in obtaining finance relative to their younger counterparts.
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Palavras-chave
Internationalization of firms Mature born globals Latin America Sales growth Product innovation Access to finance