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Explaining positional advantage : a resource based view of international new ventures.

By Silvia. Lozano Gomez Estrella


International new ventures (INVs) are firms that from inception seek to gain substantial competitive advantage from the use and deployment of resources and the international sale of outputs. While INVs have received considerable theoretical and empirical attention as they are breaking the traditional paradigms of internationalisation, there is widespread concern about their sources of advantage. The main purpose of this study is to apply the resource based view (RBV) to the INVs context with the intent to provide an explanatory framework for the positional advantage of firms which leads to performance. The conceptual model is developed around the positional advantage construct, its antecedents (resources, capabilities, competitive strategies, entrepreneurial orientation, and ambidextrous innovation strategy) and consequences (performance). Following an extensive literature review and exploratory interviews with managers, measures have been developed and data has been collected from 260 INVs. The conceptual model has been empirically tested in the specific setting of INV firms in Mexico. This research has employed a scientifically sound research design with a rigorous statistical analysis. Structural equation modelling was used to test measurement veracity and hypothesised relationships between the constructs constrained in the measurement model. The study findings support the conceptual model and structural paths therein, and signify the efficacy of the measurement approaches used to capture the focal constructs. The results strongly support the central role of INVs positional advantage in the process of attaining superior performance. The study findings are discussed in the light of extant knowledge and a number of conclusions are drawn. Implications for business practitioners and public policy makers are explored, indicating the relevance of this research to INVs practice. Furthermore, an account of the most important limitations of the study is provided, along with suggestions for future research. Keywords: International New Ventures, Resource-Based View, Positional Advantage, Resources, Capabilities, Entrepreneurial Orientation, Ambidextrous Innovation Strategy

Topics: HF Commerce
Year: 2009
OAI identifier: oai:
Provided by: ORCA
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