“…Several studies have used the number of years the company has been involved in foreign operations as a measurement of the firm's international experience (Aguilera-Caracuel et al, 2012;Ali et al, 2003;Bai et al, 2017;Batsakis & Mohr, 2017). This way of measuring the international experience of a firm is associated to the depth and intensity of a firm's experience abroad (Battaglia & Neirotti, 2020;Cadogan, Diamantopoulos, & Siguaw, 2002;Erramilli, 1991;Miller, Lavie, & Delios, 2016). Another approach to measuring international experience is to focus on the network extension, that is, the number of countries in which the company is present.…”