“…The concept of IEO stems from the entrepreneurship literature-most notably Miller's (1983) and Covin and Slevin's (1989) works-which form the fundamental base for much research. The general tendency in the related literature is to focus upon the original underlying concepts of risk-taking, proactiveness, and innovation and to evaluate firms operating in an international context upon such measures (Covin & Miller, 2014;McDougall-Covin et al, 2014;Ruzzier et al, 2020;Tayauva, 2011;Zhang et al, 2012). Another approach significantly modifies the three indicated elements of the EO concept, by describing IEO as "a combination of innovative, proactive and risk-seeking behaviour that crosses national borders, and is intended to create value in organizations" (McDougall & Oviatt, 2000, p. 903).…”