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Growth in international new ventures: facilitating and redundant components beyond start-up

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  • Urban Ljungquist
  • Navid Ghannad

Abstract

The purpose of the paper is to identify facilitating and redundant components of core competence development during the growth of international new ventures (INVs). Through a longitudinal empirical study comparing three cases based on a large number of interviews, we describe how individual competences essential for the start-up firm (entrepreneurial, market and network) over three phases (small, youth and mature) eventually become redundant or transform into institutionalised routines. An INV built on technology competence needs to combine with market competences, preferably in parallel, for ideal market development. To expand further, the entrepreneurial competence ultimately should be reduced or omitted. To boost expansion, explicate visions and policies should be added to maintain the entrepreneurial spirit and legacy, and to guide employees.

Suggested Citation

  • Urban Ljungquist & Navid Ghannad, 2015. "Growth in international new ventures: facilitating and redundant components beyond start-up," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 7(2), pages 103-127.
  • Handle: RePEc:ids:ijeven:v:7:y:2015:i:2:p:103-127
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    Cited by:

    1. Wu, Wenqing & Wang, Hongxin & Wang, Xinchun, 2022. "Entrepreneur narcissism and new venture performance: A learning perspective," Journal of Business Research, Elsevier, vol. 149(C), pages 901-915.
    2. 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.

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