Exploring High-Commitment International Growth of High-Technology New Ventures: The Contingent Model of Formal Alliances

AbstractAlthough the importance of alliances to international entrepreneurs’ international growth is well acknowledged, we know little about how INVs benefit from both alliance partnership and their own capabilities for a high-commitment international growth. Using a sample of 231 international high-technology ventures, we find that technological knowledge drives high-commitment international growth of new ventures, and this relationship is moderated by both domestic and foreign alliances joined by the INVs we studied. Discussion and conclusions are offered.