Abstract
Internationalization speed has been considered as one of the most important issues for dynamic internationalization in the IB literature. Internationalization speed is also a critical factor that links to a range of organizational outcomes. Consequently, the factors facilitating internationalization speed have spurred significant theoretical development. However, many empirical studies yielded mixed results. Using meta-analytic methods leveraging results from 56 empirical studies, we find that international experience, innovation, family ownership, organizational knowledge and firm performance are significantly associated with internationalization speed. Among those relationships, we find that the relationship between international experience and speed of firms’ internationalization is significantly weakened by formal institution. With this study, we extend prior researches by explaining how and how much the factors impact firms’ internationalization speed, as well as the influence of institutional environments on the effects of these determinants. We also pave ways for continuous research work to keep on shedding light on the effects of various determinants on firms’ internationalization process.