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Journal of International Entrepreneurship

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05-03-2020

Collective internationalization strategy, dispersed information, and entrepreneurial orientation interactions

Author: Hamid Etemad

Published in: Journal of International Entrepreneurship | Issue 1/2020

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The year 2020 is ushering in the eighteenth anniversary and the volume eighteenth of the Journal of international Entrepreneurship. This volume will continue the journal’s policy of publishing refereed articles that address the frontiers of entrepreneurial internationalization or international entrepreneurship. This article extends, and further builds on, the discussion of influential theoretical and managerial concepts in the extant literature and other advances with significant theoretical implications and managerial application for entrepreneurial firms’ internationalization. …

next article Why do some SMEs engage in joint internationalisation and others do not? Exploring the role of mental images in collective international opportunity recognition

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It is noteworthy that international markets are reflective of their respective environments. They are neither monolithic nor similar to a firm’s home market. Therefore and from the internationalizing firm’s perspective, each market needs to be viewed as an independent foreign local market. Therefore, cross-sectional methodologies need to include sufficient control variable to account for the local foreignness (e.g., Hymer 1960; Zaheer 1995) differences.

In the set terminology, this is an unacceptable intersection between the two demand and supply information subsets pointing to the absence of an attractive opportunity (e.g., when there is an empty inter-section or not a densely populated overlap between the demand and supply information sets). Therefore, the withholding of information, which is similar to information asymmetry between potential buyers and suppliers, adds to the transaction costs and introduces inefficiencies that generally harm smaller firms than the larger ones.

For an international marketing and strategic perspectives on entry modes, see for example, Hollensen (2017) and Kotabe and Hellsen (2016).

The local marketing, and especially distribution, systems are generally viewed as intra-firm networks. Although their performance accords with the theoretical and benefits of networks, they function as efficient local distribution and marketing networks and joining such a local network is necessary for smaller firms using low-commitment entry modes, such as indirect exports.

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Title: Collective internationalization strategy, dispersed information, and entrepreneurial orientation interactions
Author: Hamid Etemad
Publication date: 05-03-2020
Publisher: Springer US
Published in: Journal of International Entrepreneurship / Issue 1/2020
Print ISSN: 1570-7385
Electronic ISSN: 1573-7349
DOI: https://doi.org/10.1007/s10843-020-00272-6

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The emergence process of an international network of SMEs and the evolution of the leader’s role

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Service innovation and internationalization in SMEs: antecedents and profitability outcomes

Why do some SMEs engage in joint internationalisation and others do not? Exploring the role of mental images in collective international opportunity recognition