Born global firms: The differences between their short- and long-term performance drivers

Globalization has triggered the emergence of a new breed of firms called "Born Globals" (BGs), firms that become international soon after inception. Unlike previous research, the present study distinguishes between BGs' short- and long-term performance and argues that different drivers affect each type of performance. Data from 107 Israeli BGs shows that their short-term performance is impacted mostly by environmental (external) factors. In contrast, over the long run, internal factors become more crucial to BGs' survival and success. These time-based differences have important theoretical and practical implications.