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A configuration-holistic approach to born-global firms' strategy formation process

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  • Rialp-Criado, Alex
  • Galván-Sánchez, Inmaculada
  • Suárez-Ortega, Sonia M

Abstract

Summary This paper attempts to offer a deeper conceptual understanding of the early and rapid internationalization process of born-global firms by applying the lens of the strategy-making process. In other words, it offers an integrated strategic management perspective to explain the so-called born-global phenomenon. We argue that born-global firms' strategy-making processes can be aligned with different schools of strategic thought depending mostly upon the nature of the specific factor/s triggering their particular international strategic behavior and also the specific phase in which they may find themselves along their international development process from inception. The most relevant academic implication to be obtained from this study is to stimulate more creative and integrative thinking on investigating the born-global phenomenon. In addition, both managers of these firms and policy-makers can also benefit from this conceptual research by gaining more knowledge regarding the way in which strategy-making processes can be reconciled from different perspectives and approaches.

Suggested Citation

  • Rialp-Criado, Alex & Galván-Sánchez, Inmaculada & Suárez-Ortega, Sonia M, 2010. "A configuration-holistic approach to born-global firms' strategy formation process," European Management Journal, Elsevier, vol. 28(2), pages 108-123, April.
    • Handle: RePEc:eee:eurman:v:28:y:2010:i:2:p:108-123
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    Cited by:

    1. Nowinski, Witold & Rialp, Alex, 2013. "Drivers and strategies of international new ventures from a Central European transition economy," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 18(2), pages 191-231.
    2. Freeman, Susan & Vissak, Tiia & Nummela, Niina & Trudgen, Ryan, 2023. "Do technology-focused fast internationalizers’ performance measures change as they mature?," International Business Review, Elsevier, vol. 32(5).
    3. Ingemar Wictor & Svante Andersson, 2012. "The Importance of Leadership and Vision in Born Globals," Business and Management Research, Business and Management Research, Sciedu Press, vol. 1(1), pages 13-25, March.
    4. Renato Cotta Mello & Angela Rocha & Jorge Ferreira Silva, 2019. "The long-term trajectory of international new ventures: A longitudinal study of software developers," Journal of International Entrepreneurship, Springer, vol. 17(2), pages 144-171, June.
    5. Niina Nummela & Tiia Vissak & Barbara Francioni, 2022. "The interplay of entrepreneurial and non-entrepreneurial internationalization: an illustrative case of an Italian SME," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 295-325, March.
    6. Stefano Denicolai & Birgit Hagen & Alessia Pisoni, 2015. "Be international or be innovative? Be both? The role of the entrepreneurial profile," Journal of International Entrepreneurship, Springer, vol. 13(4), pages 390-417, December.
    7. Sarkar, Soumodip & Osiyevskyy, Oleksiy & Clegg, Stewart R., 2018. "Incumbent capability enhancement in response to radical innovations," European Management Journal, Elsevier, vol. 36(3), pages 353-365.
    8. Ahsan, Mujtaba & Musteen, Martina, 2021. "International opportunity development on crowdfunding platforms: A spatial, temporal, and structural framework," International Business Review, Elsevier, vol. 30(6).
    9. Luna SANTOS ROLDÁN & Guzmán Antonio MUÑOZ FERNÁNDEZ, 2013. "Should Be A Process The Internationalization Of A Firm? Born Globals As An Exception," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 13(2), pages 135-146.
    10. Rubina Romanello & Maria Chiarvesio, 2019. "Early internationalizing firms: 2004–2018," Journal of International Entrepreneurship, Springer, vol. 17(2), pages 172-219, June.
    11. Claudius Bachmann & Laura Sasse & Andre Habisch, 2018. "Applying the Practical Wisdom Lenses in Decision-Making: An Integrative Approach to Humanistic Management," Humanistic Management Journal, Springer, vol. 2(2), pages 125-150, February.
    12. Rainer Harms & Holger Schiele, 2012. "Antecedents and consequences of effectuation and causation in the international new venture creation process," Journal of International Entrepreneurship, Springer, vol. 10(2), pages 95-116, June.
    13. Ciszewska-Mlinarič, Mariola & Wójcik, Piotr & Obłój, Krzysztof, 2020. "Learning dynamics of rapidly internationalizing venture: Beyond the early stage of international growth in a CEE context," Journal of Business Research, Elsevier, vol. 108(C), pages 450-465.
    14. Ryan Trudgen & Susan Freeman, 2014. "Measuring the Performance of Born-Global Firms Throughout Their Development Process: The Roles of Initial Market Selection and Internationalisation Speed," Management International Review, Springer, vol. 54(4), pages 551-579, August.
    15. Tamar Almor & Shlomo Y. Tarba & Avital Margalit, 2014. "Maturing, Technology-Based, Born-Global Companies: Surviving Through Mergers and Acquisitions," Management International Review, Springer, vol. 54(4), pages 421-444, August.
    16. Blesa, Andreu & Ripollés, María, 2021. "Critical capabilities for widening international new ventures’ geographical scope," European Management Journal, Elsevier, vol. 39(2), pages 201-213.
    17. Hamza El Guili, 2018. "Born Globals, BGs: Who Are They?," Proceedings of the 9th International RAIS Conference on Social Sciences and Humanities, April 4-5, 2018 010, Research Association for Interdisciplinary Studies.
    18. Niina Nummela & Sami Saarenketo & Päivi Jokela & Sharon Loane, 2014. "Strategic Decision-Making of a Born Global: A Comparative Study From Three Small Open Economies," Management International Review, Springer, vol. 54(4), pages 527-550, August.
    19. Mika Gabrielsson & Peter Gabrielsson & Pavlos Dimitratos, 2014. "International Entrepreneurial Culture and Growth of International New Ventures," Management International Review, Springer, vol. 54(4), pages 445-471, August.
    20. Angélique Breuillot, 2021. "Exploring the Role of Diversity Management During Early Internationalizing Firms’ Internationalization Process," Management International Review, Springer, vol. 61(2), pages 125-156, April.
    21. Øyna, Stine & Almor, Tamar & Elango, B. & Tarba, Shlomo Y., 2018. "Maturing born globals and their acquisitive behaviour," International Business Review, Elsevier, vol. 27(3), pages 714-725.
    22. Eduardo Terán-Yépez & David Jiménez-Castillo & Manuel Sánchez-Pérez, 2021. "International opportunity recognition: A comprehensive bibliometric review," Journal of International Entrepreneurship, Springer, vol. 19(1), pages 18-52, March.

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