Grace Jang L&S Social Sciences
International New Ventures Within Diverse Political Systems
This project delves into the impact of political regimes on cross-border entrepreneurial activities. Understanding this nexus is pivotal, given that the interplay between democracy and capitalism significantly influences international businesses. Corporations, acting both as subjects of regulation and regulators themselves, are deeply affected by the regimes in their foreign operations and investments. Despite its significance, this intersection remains inadequately explored, particularly concerning multinational corporations (MNCs) and international new ventures (INVs). While extant studies generally find stable political environments as conducive to MNC performance, such political systems are either arbitrarily selected or vaguely defined. While large established MNCs or FDI activities are extensively studied, attention to small and young entrepreneurial international ventures remains scant. This research endeavors to bridge this gap through a systematic literature review exploring INV behavioral patterns within diverse political systems, followed by preliminary research that examines the effect of political regimes in hosting countries on the location decisions of INVs.