Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs
Intellectual capital and new ventures early internationalization: Firm-level analysis of Austrian SMEs

Summary/Abstract: Objective: The objective of the article is to explore the impact of intellectual capital on firms’ propensity forearly internationalization.Research Design & Methods: The scientific argument relied on scrutinizing the current knowledge base inthe field and conducting empirical studies among Austrian startups. From these studies, we constructed alogistic regression model.Findings: According to the study findings, there exists a favourable dependence between prior internationalexperience, level of education, and the early internationalization of new ventures.Implications & Recommendations: The study carries several practical implications. Entrepreneurs aiming forearly internationalization should draw on their prior international exposure and recruit employees with similarexperience. Furthermore, the significance of education level was noteworthy. A higher level of education cor-relates with a higher probability of early internationalization.Contribution & Value Added: The article addresses areas of research that have not yet been explored in earlyinternationalization analyses. It can act as a foundation for more comprehensive studies on this phenomenon,including ventures from different countries.

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