Exploration of Born Globals/International New Ventures: some evidence from the Australian Wine Industry

Over the past decade some researchers have criticized the 'stage' models of internationalisation for failing to explain adequately the early internationalisation of certain firms which have been referred to as born globals. However, other researcher shave, in turn, identified a number of limitations in the born global studies and have argued that their findings do not refute the evolutionary stage models of internationalisation. This paper explores the phenomenon of born globalness within the Australian wine industry. The findings support the view that the development of born globals does not negate the validity of the stage theories of internationalisation.