2011
DOI: 10.1080/08985621003690299
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Improvised internationalization in new ventures: The role of prior knowledge and networks

Abstract: How do entrepreneurs identify foreign market opportunities and how do they identify foreign market(s) and customers? We draw on the concepts of effectuation, improvisation, prior knowledge and networks to study the early internationalization of new ventures operating in the Irish Shellfish sector. We argue that the internationalization process was strongly influenced by two 'resources to hand': the entrepreneurs' idiosyncratic prior knowledge and their prior social and business ties. We observe an effectuation… Show more

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Cited by 156 publications
(138 citation statements)
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References 67 publications
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“…Formal channels were the international Market Intelligence Unit of the Irish Seafood State Agency, BIM, export agents and customers, whilst the informal channels of information-gathering was demonstrated by the founders' proactive, ad-hoc approach to leveraging knowledge of their business and industry contacts in the industry and informally at trade shows (Evers and Knight, 2008). This finding supports that INVs utilise these network relationships to obtain information, resources, capabilities and the access to exchange partners for market entry required for rapid internationalisation (Loane and Bell, 2008;Evers and O'Gorman, 2008;Johansson and Vahlne, 2003;Dana et al, 1999;Jolly et al, 1992;Sharma and Johanson, 1987). Both case founders demonstrate the ability to use and act on market intelligence in a highly entrepreneurial, orientated manner.…”
Section: Discussionsupporting
confidence: 62%
“…Formal channels were the international Market Intelligence Unit of the Irish Seafood State Agency, BIM, export agents and customers, whilst the informal channels of information-gathering was demonstrated by the founders' proactive, ad-hoc approach to leveraging knowledge of their business and industry contacts in the industry and informally at trade shows (Evers and Knight, 2008). This finding supports that INVs utilise these network relationships to obtain information, resources, capabilities and the access to exchange partners for market entry required for rapid internationalisation (Loane and Bell, 2008;Evers and O'Gorman, 2008;Johansson and Vahlne, 2003;Dana et al, 1999;Jolly et al, 1992;Sharma and Johanson, 1987). Both case founders demonstrate the ability to use and act on market intelligence in a highly entrepreneurial, orientated manner.…”
Section: Discussionsupporting
confidence: 62%
“…As for its role in early internationalisation, contrary to "international openness", the results have been mixed. Some authors claim that international experience is not indispensable to start export quickly (Evers & O'Gorman, 2011), while others confirm that international experience is on a higher level in born globals than in traditional exporters (Zhang, Tansuhaj, & McCullough, 2009) and thus it is interesting to analyse it in the new context of the CEE markets.…”
Section: Global Vision As An Accelerated Internationalisation Antecedentmentioning
confidence: 99%
“…Recent research on internationalization has drawn attention to the process-oriented, evolutionary character of internationalization in which path dependency and history are important (Chandra et al 2012;Evers and O'Gorman 2011). We study the internationalization process from the early invention of the technology in 1988/89 to the first regulatory breakthrough in the form of a European Conformity (CE) approval in 2007, focusing on one of the two dominant technology companies in the TAVI market at the time; the US-based company Edwards Lifesciences.…”
Section: Introductionmentioning
confidence: 99%