You are here

To Be Young and International

Renko headshot
Wednesday, January 25, 2017

Organizational theory has traditionally treated “liabilities of newness,” things like a young firm’s limited resources and resilience, as disadvantages. Combine these with “liabilities of foreignness,” or the costs of doing global business, and you’d think a young international firm would be doubly disadvantaged. But Professor Maija Renko and her coauthors argue that in the digital marketplace, a firm’s newness can mitigate the risks of foreignness. Read the full UIC News story here. Renko’s research paper, “Liabilities, Advantages and Buffers of Newness” can be accessed here.