International as opposed to domestic new venturing: The moderating role of perceived barriers to internationalization

This article examines how firm-based and founder-based determinants of international (as opposed to domestic) new venturing are moderated by perceived barriers to internationalization. In order to test the theoretically derived hypotheses, this article applies event history analysis to a sample of technology firms. The results show that the influence of growth orientation, international network contacts and knowledge intensity on international new venturing varies depending on the perceived financial barriers. Thus, this article provides a contingent perspective within the research field and a contrast to the quite categorical discussion regarding determinants of international new venturing and barriers to internationalization.