This paper explores and discusses the internationalization of a new medical technology that emerged out of a Danish university hospital. While the particular invention took place in the periphery of the international medical network, the new venture circulated to the most competent and influential international science-business networks in order to mobilize the resources and competencies required to develop the technology and make a breakthrough into the market. The study demonstrates that such an innovation
IntroductionThis article is an empirically oriented paper addressing interactions and activities in the processes that brought a radically new medical technology from invention to international medical markets. As such, the case describes a typical Born Global (BG) invention and business development process. It addresses the roles of academic, institutional and business networks through the innovation process, emphasizing how the venture moved across are also several recent calls for studies to assess factors that can either facilitate or inhibit the development of academic entrepreneurship into successful international businesses and to explore such approaches to explain it (Peiris et al. 2012;Siegel and Wright 2015).We perceive that the core issue raised by the emergence of rapidly internationalizing and scaling of the business is to understand how they apparently circumvent the time and capacity building constraints of the learning dependent process that is core to the early internationalization theory. How can these small firms internationalize so fast if they do not possess the capabilities required? There has accordingly been a pressing need to examine Recently scholars have contended the phenomena of rapid internationalization by studying BGs beyond the lifespan of the legal entity. Several studies have claimed that the pre-founding process is significantly extended, therefore, increase the period without international activities (Hewerdine and Welch 2013;Laurell et al. 2013).At the same time, scholars emphasize the role of the pre-founding period of newly established firms where the entrepreneurs build their skills and experiences and build professional/personal networks. Some studies have in particular pointed at the networking activities in pre-founding periods as a critical factor Coviello 2006;Madsen and Servais 1997;Zahra 2005). However, there is still the question of how, after obtaining such pre-expansion capacity, founders of technology-based INVs/BGs manage to govern, coordinate