Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.9/3594 |
Resumo: | ABSTRACT: This research is based on the perception that the explanation of International New Ventures’ (INVs) performance demands a process view, going deeper than the standard approach, in empirical papers, of testing a direct relationship between company-level antecedents and performance. A three-tier model was developed to investigate the process leading to INVs international performance, emphasizing the role of entrepreneurial alertness. Based on the dynamic capabilities framework, entrepreneurial alertness was envisaged as the mediating element between firms’ capabilities and their international performance. Empirical research confirmed the hypothesized model. Firms’ capabilities (entrepreneurial orientation, foreign market knowledge, and absorptive capacity) significantly influence the level of entrepreneurial alertness, which impacts on the levels of self-reported satis faction with the company’s international performance. The paper makes four contributions to International Entrepreneurship literature. First, it highlights the key role played by entrepreneurial alertness in explaining INVs’ international performance. This is convergent with the dynamic capabilities view on firms’ ability to sense and seize specific international business opportunities. Second, this study considers entrepreneurial alertness as a capability that is not limited to the entrepreneur, but it is an organizational capability. Third, it shows that entrepreneurial alertness does not exist in the vacuum, is based on a set of base capabilities, namely entrepreneurial orientation, foreign market knowledge, and absorptive capacity, that simultaneously leverage the INVs to sense possible opportunities and constrain the focus of opportunities to international markets, as a key element to foster INVs’ higher performance. Fourth, it underlines the role of technological turbulence as a moderator of the relationship between entrepreneurial alertness and INVs’ international performance. |
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Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulenceInternationalizationEntrepreneurshipPerformanceDynamic capabilitiesTechnological innovation systemsABSTRACT: This research is based on the perception that the explanation of International New Ventures’ (INVs) performance demands a process view, going deeper than the standard approach, in empirical papers, of testing a direct relationship between company-level antecedents and performance. A three-tier model was developed to investigate the process leading to INVs international performance, emphasizing the role of entrepreneurial alertness. Based on the dynamic capabilities framework, entrepreneurial alertness was envisaged as the mediating element between firms’ capabilities and their international performance. Empirical research confirmed the hypothesized model. Firms’ capabilities (entrepreneurial orientation, foreign market knowledge, and absorptive capacity) significantly influence the level of entrepreneurial alertness, which impacts on the levels of self-reported satis faction with the company’s international performance. The paper makes four contributions to International Entrepreneurship literature. First, it highlights the key role played by entrepreneurial alertness in explaining INVs’ international performance. This is convergent with the dynamic capabilities view on firms’ ability to sense and seize specific international business opportunities. Second, this study considers entrepreneurial alertness as a capability that is not limited to the entrepreneur, but it is an organizational capability. Third, it shows that entrepreneurial alertness does not exist in the vacuum, is based on a set of base capabilities, namely entrepreneurial orientation, foreign market knowledge, and absorptive capacity, that simultaneously leverage the INVs to sense possible opportunities and constrain the focus of opportunities to international markets, as a key element to foster INVs’ higher performance. Fourth, it underlines the role of technological turbulence as a moderator of the relationship between entrepreneurial alertness and INVs’ international performance.ElsevierRepositório do LNEGCrespo, Nuno FernandesCorado-Simões, VítorFontes, Margarida2021-10-26T09:55:40Z2022-062021-08-22T14:45:10Z2022-06-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.9/3594engCrespo, Nuno Fernandes... [et.la.] - Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence. In: European Management Journal, 2022, vol. 40, p. 344-3590263-2373cv-prod-257242910.1016/j.emj.2021.07.009info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2022-10-23T04:39:56Zoai:repositorio.lneg.pt:10400.9/3594Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T15:36:48.165958Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence |
title |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence |
spellingShingle |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence Crespo, Nuno Fernandes Internationalization Entrepreneurship Performance Dynamic capabilities Technological innovation systems |
title_short |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence |
title_full |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence |
title_fullStr |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence |
title_full_unstemmed |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence |
title_sort |
Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence |
author |
Crespo, Nuno Fernandes |
author_facet |
Crespo, Nuno Fernandes Corado-Simões, Vítor Fontes, Margarida |
author_role |
author |
author2 |
Corado-Simões, Vítor Fontes, Margarida |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Repositório do LNEG |
dc.contributor.author.fl_str_mv |
Crespo, Nuno Fernandes Corado-Simões, Vítor Fontes, Margarida |
dc.subject.por.fl_str_mv |
Internationalization Entrepreneurship Performance Dynamic capabilities Technological innovation systems |
topic |
Internationalization Entrepreneurship Performance Dynamic capabilities Technological innovation systems |
description |
ABSTRACT: This research is based on the perception that the explanation of International New Ventures’ (INVs) performance demands a process view, going deeper than the standard approach, in empirical papers, of testing a direct relationship between company-level antecedents and performance. A three-tier model was developed to investigate the process leading to INVs international performance, emphasizing the role of entrepreneurial alertness. Based on the dynamic capabilities framework, entrepreneurial alertness was envisaged as the mediating element between firms’ capabilities and their international performance. Empirical research confirmed the hypothesized model. Firms’ capabilities (entrepreneurial orientation, foreign market knowledge, and absorptive capacity) significantly influence the level of entrepreneurial alertness, which impacts on the levels of self-reported satis faction with the company’s international performance. The paper makes four contributions to International Entrepreneurship literature. First, it highlights the key role played by entrepreneurial alertness in explaining INVs’ international performance. This is convergent with the dynamic capabilities view on firms’ ability to sense and seize specific international business opportunities. Second, this study considers entrepreneurial alertness as a capability that is not limited to the entrepreneur, but it is an organizational capability. Third, it shows that entrepreneurial alertness does not exist in the vacuum, is based on a set of base capabilities, namely entrepreneurial orientation, foreign market knowledge, and absorptive capacity, that simultaneously leverage the INVs to sense possible opportunities and constrain the focus of opportunities to international markets, as a key element to foster INVs’ higher performance. Fourth, it underlines the role of technological turbulence as a moderator of the relationship between entrepreneurial alertness and INVs’ international performance. |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-10-26T09:55:40Z 2021-08-22T14:45:10Z 2022-06 2022-06-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.9/3594 |
url |
http://hdl.handle.net/10400.9/3594 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Crespo, Nuno Fernandes... [et.la.] - Uncovering the factors behind new ventures' international performance: capabilities, alertness and technological turbulence. In: European Management Journal, 2022, vol. 40, p. 344-359 0263-2373 cv-prod-2572429 10.1016/j.emj.2021.07.009 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Elsevier |
publisher.none.fl_str_mv |
Elsevier |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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