The purpose of this study is to explore how firm-level dynamic capabilities influence the level of firms’ global mindset in information and communication technology (ICT) startups in Sri Lanka. Based on the literature on dynamic capabilities and global mindset, the impact of dynamic capabilities on global mindset is tested empirically on a sample of 295 Sri Lankan ICT start-up firms using structural equation modeling (SEM) analysis technique to find whether if there is any difference of the impact from sensing dynamic capabilities, seizing capabilities and reconfiguration capabilities on the global mindset. The results show a positive significant impact of the sensing, seizing and reconfiguration capabilities on the global mindset in ICT startups in Sri Lanka. However, among three different but theoretically interrelated capabilities, seizing and reconfiguration dynamic capabilities have shown the strongest impact on the global mindset. This study contributes to the emerging literature of global mindset in the international business and to strategic management literature by understanding the global mindset through the lenses of dynamic capabilities as organizational level contingencies.

The dynamic capability (DC) perspective is one of the key theories discussed related to the phenomena of early internationalization. However, there is no considerable effort has been made to review and integrate the associate literature of this perspective in the field. This review aims to examine methodological and dimensional choices in 22 empirical studies on DC in early internationalization including international new ventures (INVs) and born-globals (BGs). In carrying out this review, a search was conducted accessing the Google Scholar search engine, encompassing journals that have published research between 1970 and 2022 on INVs/BGs and DCs. The findings revealed that amid heightened research interest in the DC perspective in studies of INVs/BGs there is a methodological imbalance as quantitative research is underdeveloped while the majority of key studies are qualitative. Further, the dimensions are vaguely discussed, and tested and more bias has been given to a few capabilities like networking and learning capabilities. Concerning about the contribution, this review debates the role of DC in INVs/BGs by revealing the areas for immediate attention in methodology and dimensional choices. The implications are relevant for DC researchers, journal reviewers and editors as well as readers of scholarly DC articles on how to conceptualize DCs. This review is a novel contribution towards the understanding of the methods used in DC research and encompasses a slightly broader scope of time compared to the earlier reviews. Building upon, yet moving beyond reviews to date, and broadening to the latest publications, this paper advances the understanding of the state of dynamic capabilities in early internationalization.

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The founders' cognitive element: the global mindset to become global at the inception is mostly absent from the literature on born-global. Furthermore, the scope of research into the impact of entrepreneurial orientation on a born-global global mindset in underdeveloped countries is minimal. Thus, this study aims to explore the influence of entrepreneurial orientation on the global mindset. Using the structural equation modelling (SEM) analytic technique, the research hypotheses based on the literature on entrepreneurial orientation and a global mindset are examined with a sample of 295 Sri Lankan ICT-born-global firms. The results indicate that innovativeness, risk-taking, and proactiveness have a favourable impact on the global mindset in Sri Lankan ICT-born-global. The most important managerial takeaway from this research is that entrepreneurs should work on enhancing their entrepreneurial processes to increase their receptivity to global opportunities.