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ABSTRACT
Precocity is a temporal dimension of early international orientation. This article analyzes the factors that influence precocity in the context of technology-intensive firms from India. It uses a logistic regression model to examine entrepreneurial, network, and location-specific factors and finds that firms led by young entrepreneurs with foreign education and work experience in foreign markets and experience of startups are more likely to be precocious. Location and networks also emerge as significant drivers of early internationalization. The study contributes to the literature on early internationalization for developing markets and is the starting point for an examination of the born global phenomenon for the Indian information technology industry.
Acknowledgements
The authors appreciate the suggestions of Professor Shameen Prashantham and Rajesh Upadhyayula on an earlier version of this article. The authors also thank the special issue editor for insightful comments that helped improve this article.
Notes
World Employment Report 2001, http://www.bibhost.ulb.ac.be/cdrom/wer_lawitie/back/ind_3.htm.
Prowess is a firm-level database that contains information on approximately 10,000 large and medium-size Indian firms and covers most of the organized industrial activity, banking, financial, and other services sectors in India. The firms in the database account for 75% of all corporate taxes collected by the Indian government, more than 95% of excise duty and 60% of all savings of the Indian corporate sector.