The battleship strategy: The complementing role of born globals in MNC’s new opportunity creation

Vapola, T. J.; Tossavainen, Päivi J.; Gabrielsson, Mika

doi:10.1007/s10843-007-0018-y

Cited by 41 publications

(20 citation statements)

References 56 publications

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“…Being part of an internationalized firm's network through a merger or acquisition gives firms the opportunity to use the established structure of the firm, such as its subsidiaries abroad (Vapola, Tossavainen, and Gabrielsson 2008). Our empirical findings show that firms that internationalized late relied most on international networks as concrete bridges to foreign markets in terms of market choice and entry mode.…”

Section: International Network Dynamicsmentioning

confidence: 76%

“…The firms' cluster location, access to local innovation networks and innovative specialized technologies all encouraged MNCs to take over and launch the cases firms onto born-again global internationalization paths (Vapola, Tossavainen, and Gabrielsson 2008). For the fourth born-again global case firm, international opportunities were identified by a new management team that had international networks acquired by past experience, which strategically re-orientated the firm to internationalization (Bell, McNaughton, and Young 2001).…”

Section: Discussionmentioning

confidence: 99%

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Local and international networks in small firm internationalization: cases from the Rhône-Alpes medical technology regional cluster

Andersson

Evers

Griot

2013

Entrepreneurship & Regional Development

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This study explores the internationalization processes of small firms operating in the medical technology cluster in the Rhône-Alpes region in France. The study demonstrates that both the location and the sectoral type of industry cluster influence the internationalization and network dynamics in the cluster. In addition, both local and international networks influence firm internationa lization processes in different ways. First, the firm life-cycle, industry and locational cluster dynamics determine the extent of network influence on firms' internationalization processes. Second, two types of internationalizing firms emerge in this study: born global firms, led by proactive entrepreneurs and globally market-orientated firms from inception, and born-again globals, which engage in late but rapid internationalization as a result of new management or foreign acquisition. Third, local networks in the cluster are important for influencing the internationalization of the born global firm at inception. In contrast, international networks serve as the main impetus for re-launching internationalization for the born-again globals. Fourth, the local research institutions and their connections abroad help both born globals and born-again global firms develop and internationalize their innovations rapidly in the global marketplace.

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Section: International Network Dynamicsmentioning

confidence: 76%

Section: Discussionmentioning

confidence: 99%

Local and international networks in small firm internationalization: cases from the Rhône-Alpes medical technology regional cluster

Andersson

Evers

Griot

2013

Entrepreneurship & Regional Development

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“…In small companies, given the limited organizational power and resource variety, local connections in the home country are extremely important for competitiveness and innovation (Fernhaber et al, 2008). In addition, an increasing number of large multinational companies, in pursuit of resources to facilitate innovation and capture ideas generated abroad, complement their R&D by building strategic alliances with specialized new ventures in other countries (Vapola et al, 2008).…”

Section: Methodsmentioning

confidence: 99%

Accelerated Internationalization in Emerging Markets: Empirical Evidence from Brazilian Technology-Based Firms

Ribeiro

Miranda²,

Borini

et al. 2014

Journal of Technology Management & Innovation

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This article investigates the external factors driving the accelerated internationalization of technology-based firms (TBFs) in the context of an emerging market, Brazil. This type of firm is typically called born global and has been reported mainly in the high-technology sectors and from the developed countries. Our research is survey-based, and a questionnaire was applied to the small and medium Brazilian TBFs. Logistic regression was used to test the research hypotheses. The results suggest that the new and small Brazilian technology-based firms, which followed an accelerated internationalization process, are most likely to be integrated into a global production chain. The results also indicate that the TBFs that take more than 5 years to enter the international market benefit more from the location in an innovation habitat, the partnerships in the home country, and the pro-internationalization government policies. Therefore, this research contributes to a better understanding of the phenomenon and points to new perspectives for future studies on TBFs from emerging markets.

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“…Very often, such firms cooperate with multi-national corporations by using their existing channels, networks, and Internet infrastructure to rapidly receive substantial revenues and cash flow (Vapola et al, 2008;Vapola, 2012). Multi-national corporations may act as systems integrators or distributors of products and services of born-global firms, providing opportunities for learning, technological infrastructure access, and evolutionary growth.…”

Section: Characteristics Of Born-global Firms and The Entrepreneurialmentioning

confidence: 99%

The Emergence of the Lean Global Startup as a New Type of Firm

Rasmussen

Tanev

2015

Technology Innovation Management Review

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The battleship strategy: The complementing role of born globals in MNC’s new opportunity creation

Cited by 41 publications

References 56 publications

Local and international networks in small firm internationalization: cases from the Rhône-Alpes medical technology regional cluster

Local and international networks in small firm internationalization: cases from the Rhône-Alpes medical technology regional cluster

Accelerated Internationalization in Emerging Markets: Empirical Evidence from Brazilian Technology-Based Firms

The Emergence of the Lean Global Startup as a New Type of Firm

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