Emerging-Market Born Globals: The Influence of Product-Related Factors on Internationalization Mode in the Indian Apparel Industry
01 Jan 2017-pp 193-213
TL;DR: In this paper, the authors explored the influence of product-related factors on the internationalization modes of emerging market born global firms, in terms of their initial and continued international expansion.
Abstract: Motivated by the fact that emerging-market firms are increasingly internationalizing their operations, this study explores the influence of product-related factors on the internationalization modes of emerging market born global firms, in terms of their initial and continued international expansion. Based on data from seven born globals in the Indian apparel industry, we find that these firms continue to be global players using low-commitment internationalization modes in their initial and continued internationalization, and that their product offerings influence their selection of entry modes and their acquisition of foreign customer knowledge. We have identified and bridged a gap in the knowledgebased internationalization process perspective relating to the influence of product-related factors on companies’ acquisition of foreign market knowledge and internationalization processes.
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01 Jun 2017
TL;DR: The importance of foresight at the organizational level, as well as the ways to measure it have begun to be studied in the recent literature on strategic management as mentioned in this paper, and some key research questions that emerge are: how does an individual develop foresight and how does it contribute to the organization?
Abstract: The importance of foresight at the organizational level, as well as the ways to measure it have begun to be studied in the recent literature on strategic management. One overarching conclusion that stems from these studies is that organizational foresight is not developed in isolation, but evolves as an aggregation of capabilities (in the sense of the microfoundational literature) throughout the organization. In this context, some key research questions that emerge are: how does an individual develop foresight and how does it contribute to the organization? Studies concerning individual foresight are, however, quite sparse. In this paper, we take up the aforementioned first question of individual foresight development. An exploratory study involving case interviews has been used to find theoretical support for developing an individual foresight measure.
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Cites background from "Emerging-Market Born Globals: The I..."
...Cross-case methodology allows for studying multiple cases leading to more intensive examination of issues, exploration of a wider range of issues, and comparison of contrasts and commonalities [38],[39],[40]....
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TL;DR: The Uppsala internationalization process model was revisited in the light of changes in business practices and theoretical advances that have been made since 1977 as mentioned in this paper, and the change mechanisms in the revised model are essentially the same as those in the original version, although they add trust-building and knowledge creation, the latter to recognize the fact that new knowledge is developed in relationships.
Abstract: The Uppsala internationalization process model is revisited in the light of changes in business practices and theoretical advances that have been made since 1977. Now the business environment is viewed as a web of relationships, a network, rather than as a neoclassical market with many independent suppliers and customers. Outsidership, in relation to the relevant network, more than psychic distance, is the root of uncertainty. The change mechanisms in the revised model are essentially the same as those in the original version, although we add trust-building and knowledge creation, the latter to recognize the fact that new knowledge is developed in relationships.
3,700 citations
TL;DR: The formation of organizations that are international from inception is an increasingly important phenomenon that is incongruent with traditionally expected characteristics of multinational enterprises as mentioned in this paper, and a framework is presented that explains the phenomenon by integrating international business, entrepreneurship, and strategic management theory that describes four necessary and sufficient elements for the existence of international new ventures.
Abstract: The formation of organizations that are international from inception—international new ventures—is an increasingly important phenomenon that is incongruent with traditionally expected characteristics of multinational enterprises A framework is presented that explains the phenomenon by integrating international business, entrepreneurship, and strategic management theory That framework describes four necessary and sufficient elements for the existence of international new ventures: (1) organizational formation through internalization of some transactions, (2) strong reliance on alternative governance structures to access resources, (3) establishment of foreign location advantages, and (4) control over unique resources
3,469 citations
TL;DR: A review of argument and evidence on the connection between social networks and social capital can be found in this paper, where the authors focus on the network mechanisms responsible for social capital effects rather than trying to integrate across metaphors of social capital loosely tied to distant empirical indicators.
3,441 citations
TL;DR: In this paper, a framework is presented that explains the existence of international new ventures by integrating international business, entrepreneurship, and strategic management theory, and it describes four necessary and sufficient elements for such organizations: organizational formation through internalization of some transactions, strong reliance on alternative governance structures to access resources, establishment of foreign location advantages, and control over unique resources.
Abstract: Organizations that are international from inception – international new ventures – form an increasingly important phenomenon that is incongruent with traditionally expected characteristics of multinational enterprises. A framework is presented that explains the phenomenon by integrating international business, entrepreneurship, and strategic management theory. That framework describes four necessary and sufficient elements for the existence of international new ventures: (1) organizational formation through internalization of some transactions, (2) strong reliance on alternative governance structures to access resources, (3) establishment of foreign location advantages, and (4) control over unique resources.
3,148 citations
TL;DR: This paper investigated the role of innovative culture and knowledge and capabilities in early adopters of internationalization and found that these firms leverage a distinctive mix of orientations and strategies that allow them to succeed in diverse international markets.
Abstract: We investigate born-global firms as early adopters of internationalization – that is, companies that expand into foreign markets and exhibit international business prowess and superior performance, from or near their founding. Our explication highlights the critical role of innovative culture, as well as knowledge and capabilities, in this unique breed of international, entrepreneurial firm. Case studies are analyzed to better understand the early internationalization phenomenon and reveal key orientations and strategies that engender international success among these innovative firms. Case findings are then validated in a survey-based study. Despite the scarce resources typical of young firms, our findings reveal that born-global firms leverage a distinctive mix of orientations and strategies that allow them to succeed in diverse international markets. Findings have important implications for the internationalization of contemporary firms.
2,675 citations