The Role of Innovation Hub Networks in Start-up Internationalization

Innovation hubs are part of a broad range of start-up support organizations which seek to spur new venture development, as well as the diffusion of innovation within business ecosystems. While the localized benefits of innovation hubs are becoming increasingly realized, their role in start-up internationalization is less understood. Businesses expanding overseas at early stages face unique challenges, however for some, these risks are necessary for future growth or sustainability. We present a conceptual overview of the start-up internationalization process, taking into account key drivers and the role of network relationships. We then examine the value provided by innovation hubs and present three propositions relating to how they may contribute to start-up internationalization. Finally, future research directions and a proposed study are discussed.