Digitalization, institutions and new venture internationalization

This study examines the effect of digitalization on the internationalization of new and further investigates the influence of a home country’s presence of voids and digital infrastructure on the extent of internationalization by new , with the prediction that a home country’s institutional voids and a weak digital strengthen the positive relationship between new ventures’ digitalization internationalization. Applying multilevel modeling on a sample of more than 6,000 from 62 countries the study offers empirical support for these . The findings are robust to alternative specifications. Entrepreneurs using internet to sell their products and services are more likely to focus on customers in markets when they face institutional voids and a lack of digital infrastructure in home countries. This study contributes as follows: From a theoretical view, the of the study provides a better understanding of the boundary conditions of the -new venture internationalization linkage. From a practical perspective, our suggest the complementary roles of institutional voids and digital infrastructure home to help entrepreneurs grow domestically and facilitate their .