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The Speed and Extent of New Venture Internationalisation in the Emerging Economy Context

Author

Listed:
  • Ruta Kazlauskaite

    (ISM University of Management and Economics (Lithuania))

  • Erkko Autio

    (Imperial College London
    ISM University of Management and Economics (Lithuania))

  • Tadas Šarapovas

    (ISM University of Management and Economics (Lithuania))

  • Šarunas Abramavičius

    (ISM University of Management and Economics (Lithuania))

  • Modestas Gelbuda

    (ISM University of Management and Economics (Lithuania))

Abstract

The objective of this paper is to explore to what extent the patterns of the internationalisation process described in the new venture (NV) internationalisation theory, developed on the experience and practice of advanced economy firms, apply to the emerging economy context. The paper is a systematic literature review developed on the basis of peer reviewed journal articles on NV internationalisation in emerging economies. It critically evaluates the applicability of arguments proposed by the NV internationalisation theory to the emerging economy context. In contrast to firms from advanced economies, internationalisation of NV from emerging economies is mainly driven by push factors related to their domestic markets. Transportation, communication and digital technology play a less relevant role in emerging economies; besides, their significance is more context specific; while their absence does not inhibit rapid internationalisation. To better understand the process of NV internationalisation in the emerging economy context, it is necessary to study to what extent other theoretical logics contribute to its explication. Further research should also seek to synthesise findings of research on other major theoretical frameworks. The paper contributes to the NV internationalisation theory by offering some propositions on the specifics of international entrepreneurship in the emerging economy context.

Suggested Citation

  • Ruta Kazlauskaite & Erkko Autio & Tadas Šarapovas & Šarunas Abramavičius & Modestas Gelbuda, 2015. "The Speed and Extent of New Venture Internationalisation in the Emerging Economy Context," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 3(2), pages 41-52.
    • Handle: RePEc:krk:eberjl:v:3:y:2015:i:2:p:41-52
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    References listed on IDEAS

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    Cited by:

    1. 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.
    2. Aleksandra Gawel, 2015. "Entrepreneurial Orientation in Explaining the Early Internationalization of Companies (Orientacja przedsiebiorcza w wyjasnianiu wczesnej internacjonalizacji przedsiebiorstw)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(56), pages 55-67.
    3. Nelly Daszkiewicz, 2017. "Tradycyjna versus przyspieszona internacjonalizacja przedsiebiorstw z branz high-tech. Wyniki badan empirycznych," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 15(65), pages 164-175.

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    More about this item

    Keywords

    international entrepreneurship; entry speed; entry scope; emerging economy; international new venture (INV);
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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