1,721,044 research outputs found

    Emerging paradigms in international entrepreneurship: a synopsis

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    A taxonomy of strategic postures of international SMEs

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    This study provides a theoretical analysis of SME strategic postures and presents empirical evidence of strategic types of international SMEs across three European countries, namely Italy, Finland and Greece. Empirical investigation based on a sample of more than 550 international SMEs is performed through cluster analysis. Findings suggest there are four broad strategic types, i.e. the entrepreneurial/growth oriented group of firms, a marketing/selling group of business, a cluster of firms which lack strategic orientation and strategy, and the cluster which focuses on innovation/technology and core manufacturing competencies. The taxonomy provides a description and an explanation of international strategic postures and the basis for theorizing on SMEs’ international behaviour and outcome consequences. Any programs – business- and policy-wise - which aim to stimulate internationalization would benefit greatly from tailoring recommendations to the nature of the strategic types

    Perspectives on internationalization and international management

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    Kirjoittajat: Zettinig Peter, Jones Marian V., Vlachos Georges, Wheeler Collin, Dimitratos Pavlos, Vapola Terhi J., Rasmussen Erik, Jensen Jan Møller, Servais Per, Gabrielsson Mika, Gabrielsson Peter, D'Angelo Alfredo, Hagen Birgit, Palamara Giada, Zucchella Antonella, Österåker Maria, Cerrato Daniele, Schmid Stefan, Daniel Andrea, Salonen Anna, Scott-Kennel Joanna, Vissak Tiia, Smyczek Slawomir, Dianoux Christian, Linhart Zdenek, Kettnerová Jana, Kontkanen Minnie, Jakobsen Kristian, Larimo Jorma, Pynnönen Seppo, Smale Adam, Suutari Vesa, Huovinen Pekka, Glowik Mariofi=vertaisarvioimaton|en=nonPeerReviewed|ei tietoa saavutettavuudest

    It’s not (only) the international new venture but (also) the micro-multinational, daftie! Reconsidering the unit of analysis in international entrepreneurship

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    This chapter advances the argument that, together with the international new venture (INV; or, born global (BG) firm), the unit of analysis in international business (IB) strategy should also be the micromultinational enterprise (mMNE). Based on the IB strategy and international entrepreneurship (IE) literatures, the chapter posits that the mMNE is a salient international entrepreneurial firm that has been neglected from most empirical work. The argument is built on an IE literature search and subsequent conceptualization around the dimensions of international entrepreneurial orientation (IEO). It is posited that risk attitude manifested in hefty resource mode commitments (contractual joint ventures and wholly owned subsidiaries) forms a key entrepreneurial dimension that should be a major focus of empirical analysis beyond innovativeness and proactiveness. The main contribution of this chapter is that it delineates the dimensions and manifestations of IEO and advances research in this area. The aim is to persuade the reader that the mMNE should be a focal firm of interest in the IB strategy and entrepreneurship arenas

    The role of virtual integration, commitment, and knowledge-sharing in improving international supplier responsiveness

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    In order to enhance local suppliers’ responsiveness in international exchange relationships, international MNE customers must work with their local suppliers to create new form of relationship structures. Cultural and country differences may limit the use and effectiveness of traditional relationship governance tools between the international MNE customers and their local suppliers. Drawing on the resource-based view and transaction cost economics, this study uses 219 electronics suppliers from Taiwan to examine the influence of virtual integration, knowledge sharing and commitment on their responsiveness in international exchange relationships. The findings demonstrate that the use of plural forms of governance can enhance interorganizational value creation in terms of supplier responsiveness in international exchange relationships. Implications for academics and practitioners are addressed

    A conceptualization of e-risk perceptions and the offline-online risk trade-off for small firm internationalization

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    With growing competitive pressures, companies are increasingly deploying the Internet (Porter, 2001) as strategic option of performance enhancement. With the Internet representing a potentially fluid and boundary-less medium (Lim et al. 2004), this deployment takes place not only in domestic but also in international markets. The adoption of the Internet appears to be particularly important for smaller firms. They are naturally poorer in terms of resource-endowment than large MNEs (Welsh and White, 1981) and the Internet promises a fast-track and time-compressed option for international expansion (Sinkovics and Penz, 2005; Yamin and Sinkovics, 2006). However, as international business deals with a multitude of contingencies in its environment progressive expansion comes at a price and is increasingly risky (Shrader, Oviatt, and Phillips McDougall, 2000). Internet reliance and the deployment of information and communication technologies (ICT) may implicate ‘ambiguous’ effects (Jean, 2007). The virtual analogue to traditional physical exchange is not riskfree but exposes firms to an array of related risks (Scott, 2004; Viehland, 2001; Wat, Ngai, and Cheng, 2005). While some of these risks are only relevant in the online context, others have their origins in the traditional international business environment. Even though many risks belonging to the latter category are deemed less relevant for companies predominantly doing business in cyberspace, they need to be carefully examined as they might still affect these companies in a different and/or in a less visible way. Understanding international risk in both its traditional and virtual form is thus crucial. While the conscious and controlled handling of risks may represent an important source of sustainable competitive advantage in terms of the resource based view (Barney, 1991), the lack of a thorough risk assessment and of the weighing of the offline-online risk trade-off can not only deprive a business of future profits but might also lead to complete business failure. However, the development of an international e-risk framework is not only relevant from a small firm survival and prosperity perspective, it also contributes to conceptual and theoretical development of international business and international entrepreneurship thinking, as the concept of risk occupies a pivotal theoretical position in both domains. Thus, this chapter pursues two objectives. First, it aims at investigating how traditional international risks take effect in the online context based on Brouthers’s (1995) empirically tested risk dimensions taking a first step towards the construction of an international e-risk framework. Second, it endeavours to explain the risk trade-off between offline and online internationalization for small firms that give preference to a more virtualized market entrysolution rather than to traditional market entry. The structure of the chapter is as follows: The first section introduces the international e-risk framework. The second section discusses the role of risk perceptions in online market entry mode decisions by proposing a simple model based on the internalization constituent of Dunning’s eclectic (OLI) framework. The section concludes by considering limitations and implications for future research
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