1,720,982 research outputs found
Entrepreneurial and market orientations: the moderating role of social networks on post-entry performance of international new ventures
This paper investigates whether entrepreneurial and marketing orientations (respectively EOs and Mos) impact – individually or collectively – international new ventures’ (INVs’) post-entry performance growth. Furthermore, we investigate whether such relations are moderated by the foreign social networks, both formal and informal, of international new ventures. Using a survey, we test our hypotheses on a sample of Italian high-tech INVs located in a cluster near Rome. A quantitative analysis is used to test the hypotheses. We found that EOs and MOs positively impact the post-entry international performance growth of INVs. Moreover, while informal foreign social network ties significantly moderate the impact of EOs and MOs, formal foreign social network ties do not have a significant moderating effect. Many theoretical and practical contributions are discussed in the paper.This paper investigates whether entrepreneurial and marketing orientations (respectively EOs and Mos) impact – individually or collectively – international new ventures’ (INVs’) post-entry performance growth. Furthermore, we investigate whether such relations are moderated by the foreign social networks, both formal and informal, of international new ventures.
Using a survey, we test our hypotheses on a sample of Italian high-tech INVs located in a cluster near Rome. A quantitative analysis is used to test the hypotheses. We found that EOs and MOs positively impact the post-entry international performance growth of INVs. Moreover, while informal foreign social network ties significantly moderate the impact of EOs and MOs, formal foreign social network ties do not have a significant moderating effect. Many theoretical and practical contributions are discussed in the paper
Strategic orientation of hotels: Evidence from a contingent approach
Strategic orientation (SO) – a necessary condition to achieve and maintain a competitive advantage – should particularly be considered in the tourism industry, given the high competition and rapidly changing environment. This article investigates whether the different dimensions of SO (entrepreneurial orientation (EO), learning orientation (LO) and market orientation (MO)) have a direct effect on hotel performance and whether the relationship between SO and hotel performance is contingent on various hotel-specific characteristics. The hypotheses are tested against a sample of 120 small hotels operating in a mature Italian tourist destination. The results show that EO and MO are positive drivers of hotel performance, and LO is not important. Additionally, the intensity of the relationship between SO and performance is contingent on internal firm-related moderators (size and quality). Both the number of rooms and the star classification reinforce the performance achievement of innovative and customer-oriented hotels
The importance of serial entrepreneur for the born global start-up phenomenon: a case study
Corporate ownership and internationalisation: the effects of family, bankand institutional investor ownership in the UK and in Continental Europe
While the role of corporate governance has been increasingly analysed during recent years, it
is only very recently that the effects of corporate governance features on firm international
strategies have been also considered. Really, in their classical version neither TC economics
nor the RBV consider the ownership type as a determinant of overall firm internationalisation.
According to TC theory, the level of internationalisation is the result of the assessment of the
costs and the benefits of coordinating international transactions internally by the management
relative to those incurred through external coordination via the market. From the RBV
perspective, a key driver of the diversification process is the existence of excess capacity,
either of physical assets or knowledge, and one strategy through which the firm can exploit
these underused resources is by entering foreign markets
Clusters and rivalry: Does localization really matter?
This exploratory study addresses the link between rivalry-which we regard as a cognitive social dimension of competition- and localization. We adopt a visual-mapping technique to collect data on firms belonging to the packaging-machinery geographical cluster in Northern Italy.We can summarize our results as follows. Entrepreneurs identifying rivals within the cluster also tend to cite a larger number of rivals altogether. A firm's proximity to its rivals is a key to a deeper comparison with them. Geographical distance represents a tool for scanning the competitive environment; it is not used as a criterion by which to classify rivalry. From these results, we generate a few propositions that shed a new light on the relationship between rivalry and localization. © 2003 Elsevier Ltd. All rights reserved
Market structure analysis and cross category choice behavior: Methodology and application to the print media industry
Corporate ownership and internationalization: the effects of family, bank and institutional investor ownership in the UK and in Continental Europe
While the role of corporate governance has been increasingly analysed during recent years, it is only very recently that the effects of corporate governance features on firm international strategies have been also considered. Using the Osiris database by Bureau van Djik we consider the potential role played by different kind of shareholders among the determinants of firm international level, distinguishing between the firms quoted in the UK from those listed in countries of Continental Europe (France, Germany, Italy, Poland and Spain). Overall our results confirm that different kind of ownerships affect with different degree of intensity the overall level of firm'sinternationalization. First, we find that ownership matter. Second, our results show that theeffects of ownership over firm's international strategies depend also on the context of analysis
Rivalry and Learning Among Clustered and Isolated Firms
INTRODUCTION
Knowledge has become a crucial asset in modern production systems, and its creation has
become a key process in order to sustain or increase competitiveness. The ensuing shift
toward a knowledge-based economy has amplified research interests in geographical
clustering of firms, for geographical proximity is supposed to ease inter-organizational
learning. This paper aims to make a contribution by investigating the relationships between
geographical proximity and rivalry with respect to inter-organizational learning and
knowledge creation. In order to reproduce the interactions between firms, we made use of an agent-based model
where the strategic choices of rival firms are derived from general assumptions on
competitive behavior and learning processes. Aim of the model is to investigate the co-
evolution of firms’ knowledge, strategies and performances
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