10 research outputs found

    Antecedents and consequences of effectuation and causation in the international new venture creation process

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    The selection of the entry mode in an international market is of key importance for the venture. A process-based perspective on entry mode selection can add to the International Business and International Entrepreneurship literature. Framing the international market entry as an entrepreneurial process, this paper analyzes the antecedents and consequences of causation and effectuation in the entry mode selection. For the analysis, regression-based techniques were used on a sample of 65 gazelles. The results indicate that experienced entrepreneurs tend to apply effectuation rather than causation, while uncertainty does not have a systematic influence. Entrepreneurs using causation-based international new venture creation processes tend to engage in export-type entry modes, while effectuation-based international new venture creation processes do not predetermine the entry mod

    Innovating through Clusters

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    This paper focuses on innovation performance and investigates the impact of clusters, or localized networks involving industrial, academic and institutional players, in the pharmaceutical setting; we aim to enrich the line of inquiry into cluster-based innovation by applying a social network analysis (SNA) approach. The cluster concept has been defined in ambiguous ways, corresponding to a large variety of spatial and organizational concrete configurations. By analysing the U.S. pharmaceutical context, we show the structural and nodal network characteristics of the clusters and we shed some light on the “small-world” effects of the structural holes

    Drivers of internationalization success: a conjoint choice experiment on German SME managers

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