Effectuation and Networking of Internationalizing SMEs

Galkina, Tamara; Chetty, Sylvie

doi:10.1007/s11575-015-0251-x

Cited by 213 publications

(225 citation statements)

References 81 publications

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“…Effectuation scholars introduce the notion of effectual networks, which are composed of such relationships that "do not have the luxury of drawing upon existing networks of trust and/or clear specifications of profit opportunities" (Sarasvathy and Dew 2003, p. 4). Instead of having a specific goal to drive their partner selection, entrepreneurs network with all interested actors to increase their means for opportunity discovery (Galkina and Chetty 2015). The non-predictive nature of effectual networks provides an opportunity to present several implications with regard to their management: effectual networks are unmanageable, in the sense of being controlled and directed by a single participant firm.…”

Section: More Than a Structure: The Influence Of Inter-firm Network Mmentioning

confidence: 99%

“…The non-predictive nature of effectual networks provides an opportunity to present several implications with regard to their management: effectual networks are unmanageable, in the sense of being controlled and directed by a single participant firm. The effectual network cannot be 6 fully coordinated/managed by a single actor, and management of network relations takes the form of coordinated management activities among the firms (Sarasvathy and Dew 2005;Galkina and Chetty 2015). All the firms in the network need to be involved in its management.…”

Section: More Than a Structure: The Influence Of Inter-firm Network Mmentioning

confidence: 99%

“…All the firms in the network need to be involved in its management. Effectuation as a characteristic of network management exists as a matter of degree, rather than a category diametrically opposed to causation (Galkina and Chetty 2015). Galkina and Chetty (2015) point out that, although effectuation is not positioned as a "better" logic of reasoning, it is being more applicable than causation to explain network management, especially in IE research (Sarasvathy et al 2014).…”

Section: More Than a Structure: The Influence Of Inter-firm Network Mmentioning

confidence: 99%

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Entry mode choices in the international new ventures context. A study from different theoretical perspectives

Ripollés

Blesa

2016

Int Entrep Manag J

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Few studies have investigated the factors that enhance entry mode choice in the context of international new ventures (INVs). In this paper, we hypothesize that the characteristics of INVs' products or services can explain their preference for equity entry modes. We also hypothesize that the inter-firm networks in which INVs are embedded play a deciding role in their choice of non-equity entry modes. When INVs are in inter-firm networks in which activities are developed to manage them, non-equity entry modes are preferred. We have adopted an effectuation approach to study the influence of different inter-firm network management activities on entry mode choice. In short, we have studied the effect of developing inter-firm network knowledge exchange, coordination, adaptation, conflict resolution and resource sharing management activities. In this paper we attempt to contribute to international entrepreneurship studies by reconciling the most widely accepted approaches to entry mode choice (Transactional Cost Economics, Organizational Capabilitiesbased and Network perspective) and international new ventures. Our findings show that the technological complexity of INVs' products/services explain their preference for equity entry modes. Additionally, the development of network management activities among the networked firms determines the INVs' preference for non-equity entry modes. Our results draw a decision model that differs from the ones derived from previous perspectives, which highlight the role of different characteristics of international new ventures.

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Section: More Than a Structure: The Influence Of Inter-firm Network Mmentioning

confidence: 99%

Section: More Than a Structure: The Influence Of Inter-firm Network Mmentioning

confidence: 99%

Section: More Than a Structure: The Influence Of Inter-firm Network Mmentioning

confidence: 99%

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Entry mode choices in the international new ventures context. A study from different theoretical perspectives

Ripollés

Blesa

2016

Int Entrep Manag J

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“…a közgazdasági kutatások már több évtizede foglalkoznak azzal, hogy a bizalomnak milyen funkciói vannak a gazdasági folyamatokban (Lyon [2000], Győrffy [2012], Major [2014], Ha és szerzőtársai [2016]). ez a kérdéskör szerves része a háló-zatosodásnak is, hiszen a vizsgálatok direkt vagy indirekt formában azt sugallják, hogy a bizalom megerősíti a vállalkozói hálózatot, a bizalmatlanság pedig dezintegrációs hatást gyakorol rá (Lyon [2000], Murphy [2006], Galkina-Chetty [2015], Collier [2015], Ha és szerzőtársai [2016]). ezekben a kutatásokban a munkahipoté-zis rendszerint az, hogy ha a gazdaság szereplői hisznek egymásban és egymásnak, akkor a hálózati evolúció könnyebben elkezdődhet, és a hálózati hatás felerősöd-het (Vega-Redondo [1996]).…”

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Versenytársak együttműködésének hatása a regionális gazdasági fejlődésre

Jóna¹

2017

Közgazdasági Szemle

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Közgazdasági szemle , lX iV. éVf., 2017. január (54-73. o.) jóna györgy Versenytársak együttműködésének hatása a regionális gazdasági fejlődésre A tanulmány bemutatja, hogy a versenytársak együttműködése (koopetitíció) miként határozza meg a regionális gazdasági növekedést. Koopetícióról akkor beszélünk, amikor rivális vállalatok egyszerre versenyeznek és kooperálnak egymással profitjuk maximalizálásáért, s ezáltal hálózatot alkotnak. A koopetitív hálózat a regionális gazdasági fejlődés egyik kulcseleme, ezért az írás hálózatelméleti és térökonometriai eljárások kombinálásával elemzi a gazdasági növekedést. Empirikus vizsgálatok szerint a koopetitív hálózatokban a bizalmi szint alacsony, mégis sikeresen működ-nek, mert létezik a hálózatban egy központi szereplő, akiben mindenki megbízik. Ez a szereplő hidat alkot, közvetít a versenytársak között, a hálózatban ő szervezi a koopetitív interakciót. A szerző a koopetitív hálózatok gazdasági hatásának méré-sére általa kidolgozott modellt is vázolja. Ez a komplex modell szintetizálja az úgy-nevezett fogékony-fertőzött-modellt és a helyiaggregátum-modellt, így alkalmas a koopetitív hálózati hatások és externáliák regionális terjedésének szemléltésére.* Journal of Economic Literature (JEL) kód: D62, F12, L14, L24, P13, R11.elméleti háttér a verseny a modern piacgazdaság, a globalizált gazdasági rendszer egyik legfontosabb mozgatórugója. adam smith szerint a piac "láthatatlan keze", míg joseph schumpeter szerint a piac "alkotó rombolása" szervezi, korrigálja és reprodukálja a piaci folyamatokat, kikényszeríti a piaci szereplők változásra való képességének javulását, a dinamikus adaptációt, és ezen keresztül meghatározza a gazdasági növe-kedést. annak a gazdasági szereplőnek, aki képtelen a versenyben helytállni, rövid időn belül ki kell lépnie a piacról. ez a kilépés fájdalmas a vállalkozó és munkavál-lalói számára, ám helyére olyan vállalat léphet, amely képes alkalmazkodni a piachoz. mindez serkenti a gazdasági növekedést és végeredményben a jólét növekedését * a kutatást a Pallas athéné geopolitikai alapítvány finanszírozta.Jóna György adjunktus, debreceni egyetem alkalmazott Társadalomtudományi Tanszék

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“…On this basis, several scholars have tried to develop a theory for IE. For example, Jones and Coviello (2005) attempted to integrate the two innovative processes of entrepreneurial and internationalization in order to synthesize a theory by which to explain the dynamic, time-based behavior of internationalization (Galkina and Chetty, 2015). Moreover, Freeman and Cavusgil (2007) integrated IB theory like I-M with the IE, network and RBV perspectives to explain the rapid internationalization of born global (BG) firms.…”

Section: International Entrepreneurship Theorymentioning

confidence: 99%

Pluripotent Dynamic Capabilities in the Internationalization of Firms: Focus on Learning, Innovating and Networking in SMEs from Sweden

Saeedi¹

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Small and medium-sized enterprises (SMEs) are the backbone of the economy; therefore, their internationalization has been a considerable concern for international business (IB) scholars.Particularly, for those economies such as Sweden with small local markets, internationalization of SMEs could be fundamental. The firm-specific advantages (FSAs), including what the firm has and does, are crucial for SMEs to overcome in the face of their numerous different obstacles including liability of smallness (LOS), liability of newness (LON) and liability of foreignness (LOF).Examining the extant literature on the evolution of IB theories indicates that over time, IB scholars have been reaching to dynamic-based FSAs (what the firm does) as the source of developing and protecting sustainable competitive advantages (SCA) across national borders in a changing business environment. Recently, the leading IB researchers have also argued that the nature of the dynamic-based FSAs could be similar to dynamic capabilities. But, when it comes to determining specific component factors of the dynamic-based FSAs (as dynamic capabilities), there has been little agreement between IB researchers. In other words, the room of the dynamic capabilities is still dark. In this respect, shedding light into this room, particularly in the area of IB studies, is crucial. In addition, after determining the component factors of the dynamic-based FSAs, it is also critical to know the likely relationships between the identified component factors as well as their impact on the SMEs' international performance (IP) as an important outcome of the internationalization. This means that there is a potential theoretical gap associated with the conceptualization of the component factors of the dynamic-based FSAs on one hand, and a potential empirical gap on the other. Given both theoretical and empirical research gaps, the purpose of this study is to examine, from a theoretical perspective, the nature of the dynamic- Further analysis showed that ACAP, as an endogenous latent variable, additionally has a positive indirect association with SMEs' international performance (IP). Moreover, the results also indicate that innovative capability (IC) is directly and positively affected by ACAP (the innovating-by-learning effect). It was also empirically revealed that ACAP is a very strong predictor for networking capability (NC), which is labeled as the networking-by-learning effect.Another major finding was that in internationalized SMEs, NC is strongly, directly and positively affected by IC; this effect also is termed as the networking-by-innovating effect. The IX SammanfattningMindre och medelstora företag (SME-företag) utgör ryggraden i ett lands ekonomi; därför har SME-företagens internationalisering varit en mycket viktig frågeställning för forskare inom internationellt företagande. Speciellt för de ekonomier, som likt Sverige har en liten hemmamarknad, kan internationaliseringen av SME-företag vara av fundamental betydelse. De företagsspecifika fördelarn...

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Effectuation and Networking of Internationalizing SMEs

Cited by 213 publications

References 81 publications

Entry mode choices in the international new ventures context. A study from different theoretical perspectives

Entry mode choices in the international new ventures context. A study from different theoretical perspectives

Versenytársak együttműködésének hatása a regionális gazdasági fejlődésre

Pluripotent Dynamic Capabilities in the Internationalization of Firms: Focus on Learning, Innovating and Networking in SMEs from Sweden

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