Internationalization of New Ventures and the Central Role of The Nascent Entrepreneur
Year 2015,
Volume: 5 Issue: 3, 45 - 55, 23.07.2016
Piotr Tomski
Arnold Pabian
Felicjan Bylok
Abstract
This paper contributes to the understanding of the background conditions of the internationalization of new ventures in the context of entrepreneurial intentions of Polish students’ focused on entering foreign markets. The aim of the study is to examine undergraduates' entrepreneurial intentions concerning international activity on the example of students of Faculty of Management of Czestochowa University of Technology (FoMCUT). The name - international entrepreneurial intentions (IEI) is used for this kind of EI. Various aspects of IEI and additional determinants are discussed in the context of demographic characteristics of the sample. The study aims at the analysis of the symptoms of early internationalization of new ventures created in the future by the students of the Faculty. The conducted research leads to the conclusions concerning the level of IEI of the students of the faculty, which is strictly connected with the science and practice of management and entrepreneurship
References
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- Dunning, J.H. (1988). The eclectic paradigm of international production: a restatement and possible extension. Journal of International Business Studies, 19(1), pp. 1–31.
- Gartner, W. B. (1985). A conceptual framework for describing the phenomenon of new venture creation. Academy of Management Review, 10, pp. 696–706.
- Gassmann, O. & Keup, M.M. (2007). The competitive advantage of early and rapidly internationalising SMEs in the biotechnology industry: A knowledge-based view, Journal of World Business, 42, 3, pp. 350–366.
- Hagen B. & Zucchella A., A Longitudinal Look at the International Entrepreneurship Dimensions: Cases and Predictions, International Journal of Management Cases, 13(3), pp. 484-504.
- Heise D.R. (1970). The Semantic Differential and Attitude Research , In: Attitude Measurement. G.F. Summers (ed). Chicago: Rand McNally.
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- Johanson J., Vahlne J-E. (1977). The internationalization process of the firm—a model of knowledge development and increasing foreign market commitments. Journal of International Business Studies, 8, pp. 23– 32.
- Jones M.V. & Coviello N.E. (2005). Internationalisation: conceptualising an entrepreneurial process of behaviour in time, Journal of International Business Studies, 36, pp. 284- 303.
- Jones, J.M., Coviello, N.E. & Tang, Y.K. (2011). International entrepreneurship research (1989– 2009): A domain ontology and thematic analysis, Journal of Business Venturing, 26, 6, pp. 632-659.
- Jones, M.V. (1999). The internationalization of small high-technology firms, Journal of International Marketing, 7, 4, pp. 15-41
- Keupp M.M. & Gassmann O. (2009). The Past and the Future of International Entrepreneurship; A Review and Suggestions for Developing the Field, Journal of Management, 35, 3, pp. 600-633.
- Kilby, P. 1971. Entrepreneurship and economic development. New York: Free Press.
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- Lemańska-Majdzik A. (2009). Czynniki sukcesu firm powstałych w wyniku samozatrudnienia, Sekcja Wydawnictw Wydziału Zarządzania Politechniki Częstochowskiej, Częstochowa.
- Lessem R., Global Management Principles, Prentice Hall International, New York 1990.
- Liesch P.W. & Knight G.A. (1999). Information Internationalization and Hurdle Rates in Small and Medium Enterprise Internationalisation, Journal of International Business Studies, 30 (1), pp. 383 – 394.
- Lumpkin, G.T., & Dess, G.G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review, 21, pp. 135–172.
- Madsen, T-K. & P. Servais (1997). The Internationalisation of Born Globals: An Evolutionary Process?, International Business Review 6 (6), pp. 561–583.
- Majumdar, S.K., Vora, D. & Nag, A.K. (2010). Industry structure characteristics and international entrepreneurship in India’s software industry, Journal of Entrepreneurship, 19, 2, pp. 109-136.
- McAuley, A. (1999). Entrepreneurial instant exporter in the Scottish arts and crafts sector, Journal of International Marketing, 7, 4, pp. 67-82.
- McDougall, P.P. (1989). International versus domestic entrepreneurship: New venture strategic behavior and industry structure. Journal of Business Venturing, 4(6), pp. 387–399.
- McDougall, P.P.& Oviatt B.M. (2000). International Entrepreneurship: The Intersection of Two Research Paths, Academy of Management Journal, 43, pp. 902–908.
- McDougall, P.P., Oviatt, B.M. & Shrader, R.C. (2003). A comparison of international and domestic new ventures, Journal of International Entrepreneurship, 1, 1, pp. 59-82.
- McMullen, J. S., & Shepherd, D. A. (2006). Entrepreneurial action and the role of uncertainty in the theory of the entrepreneur. Academy of Management Review, 31(1), pp. 132-152.
- Naudé, W. & Rossouw, S. (2010). Early international entrepreneurship in China: Extent and determinants, Journal of International Entrepreneurship, 8, 1, pp. 87-111.
- Nowiński, W., & Rialp, A. (2013). Drivers and strategies of international new ventures from a Central European transition economy. Journal For East European Management Studies, 18(2), pp. 191-231.
- Oviatt B.M., & Mc Dougall P.P. (1994). Toward a theory of international new ventures, Journal of International Business Studies, 25 (1), pp. 45-64.
- Oviatt, B.M. & McDougall P.P. (1995), Global Start-ups: Entrepreneurs on a Worldwide Stage, Academy of Management Executive, 9 (2), pp. 30-43.
- Oviatt, B.M. & McDougall P.P. (1997). Challenges for Internationalisation Process Theory: The Case of International New Ventures, Management International Review 37 (Special Issue 1997/2), pp. 85-99.
- Oviatt, B.M. & McDougall, P.P. (1994). Toward a theory of international new ventures. Journal of International Business Studies, 25(1), pp. 45–64. Oviatt, B.M. & McDougall, P.P. (2005). Defining international entrepreneurship and modeling the speed of internationalization. Entrepreneurship Theory and Practice, 29(5), pp. 537-553.
- Penrose, E.T. (1959). The theory of the growth of the firm. Basil Blackwell, London.
- Rebernik M., Širec K. (2011). Building entrepreneurship careers via entrepreneurship education. The case of Slovenia, In: M. Dabić & M. Pietrzykowski (Eds.), Fostering Education in Entrepreneurship, Bogucki Wydawnictwo Naukowe, Poznań.
- Reid, S.D. (1981). The decision-maker and export entry and expansion, Journal of International Business Studies, 12, 2, pp. 101-112.
- Rennie, M. (1993). Born global, McKinsey Quarterly, 4, pp. 45-52. Reynolds, P. (1991). Sociology and entrepreneurship: concepts and contributions, Entrepreneurship Theory and Practice, vol. 16 (2), pp. 47 - 67.
- Reynolds, P., Bosma, N., Autio, E., De Bono, N., Servais, I., López, P. & Chin, N. (2005). Global Entrepreneurship Monitor: data collection, design and implementation, Small Business Economy, 24 (2), pp. 205-231.
- Rialp A., Rialp J. & Knight G.A. (2005). The phenomenon of early internationalizing firms: what do we know after a decade (1993-2003) of scientific inquiry?, International Business Review, 14, pp. 147-166.
- Rialp, A., Rialp, J., Urbano, D., & Vaillant, Y. (2005). The Born-Global Phenomenon: A Comparative Case Study Research. Journal of International Entrepreneurship, 3, 2, pp. 133-171.
- Schumpeter, J.A. (1934). The theory of economic development. New Brunswick, NJ: Transaction.
- Sipa M. & Smolarek M. (2004). Procesy internacjonalizacji małych firm a firmy typu „born global. In Prace Naukowe Katedry Ekonomii i Zarządzania Przedsiębiorstwem, tom III, Politechnika Gdańska, Wydział Zarządzania i Ekonomii, Gdańsk 2004, pp. 221-233.
- Stevenson, H. H., & Jarillo, J. C. 1990. A paradigm of entrepreneurship Entrepreneurial management. Strategic Management Journal, 11, pp. 17–27.
- Sudoł S., Przedsiębiorstwo. Podstawy nauki o przedsiębiorstwie. Teorie i praktyka zarządzania, Wydawnictwo TNOiK: Toruń 2002, p. 27.
- Szyliowicz, D. & Galvin, T. (2010). Applying broader strokes: Extending institutional perspectives and agendas for international entrepreneurship research, International Business Review, 19, 4, pp. 317-332.
- Westhead P., Wright M & Ucbasaran D. (2001). The internationalisation of new and small firms: a resourcebased view, Journal of Business Venturing, 16, pp. 333 – 358.
- Wood, E., Khavul, S., Perez-Nordtvedt, L., Prakhya, S. Velarde, Dabrowski, R. & Zheng, C. (2011). Strategic commitment and timing of internationalization from emerging markets: Evidence from China, India, Mexico, and South Africa. Journal of Small Business Management, 49(2), pp. 252-282.
- Zhang, M., Tansuhaj, P. & McCullough, J. (2009). International entrepreneurial capability: The measurement and a comparison between born- global firms and traditional exporters in China, Journal of International Entrepreneurship, 7, 4, pp. 292-322.
- Zhou, L. (2007). The effects of entrepreneurial proclivity and foreign market knowledge on early internationalization, Journal of World Business, 42, 3, pp. 281-293.
Year 2015,
Volume: 5 Issue: 3, 45 - 55, 23.07.2016
Piotr Tomski
Arnold Pabian
Felicjan Bylok
References
- Al-Aali, A., & Teece, D. J. (2014). International Entrepreneurship and the Theory of the (Long-Lived) International Firm: A Capabilities Perspective. Entrepreneurship: Theory & Practice, 38(1), pp. 95-116.
- Andersen, O. (1993). On the internationalization process of firms: A critical analysis, Journal of International Business Studies, 24, 2, pp. 209-231.
- Andersson, S. & Wictor, I. (2003). Innovative internationalisation in new firms: Born globals, the Swedish case, Journal of International Entrepreneurship, 1, 3, pp. 249-276.
- Andersson, S., & Florâen, H. (2011). Differences in managerial behavior between small international and noninternational firms. Journal of International Entrepreneurship, 9, 3, pp. 233-258.
- Axelsson B. & Johansson J. (1992). Foreign market entry—the textbook vs. the network view. In: Axelsson B, Easton G (eds.) Industrial networks: a new view of reality. Routledge, London, (pp. 218–234).
- Baltar, F., & Coulon, S. (2014). Dynamics of the entrepreneurial process: The innovative entrepreneur and the strategis decisions. Review Of Business & Finance Studies, 5(1), pp. 69-81.
- Bilkey, W.J. & Tesar, G. (1977). The export behaviour of small Wisconsin manufacturing firms, Journal of International Business Studies, 8, pp. 93-98.
- Bloodgood J.M., Sapienza J.J. & Almeida J.G. (1996). The internationalisation of new highpotential US ventures: antecedents and outcomes, Entrepreneurship Theory and Practice, 20, 4, pp. 61-76.
- Busenitz, L., Gomez, C. & Spencer, J. (2000). Country institutional profiles: Unlocking entrepreneurial phenomena, Academy of Management Journal, 43, 5, pp. 994-1003
- Cavusgil, S.T. (1980). On the internationalization process of firms, European Research, 8, pp. 273-281.
- Cesinger, B., Danko A. & Bouncken R. (2012). Born globals: (almost) 20 years of research and still not 'grown up'? International Journal of Entrepreneurship and Small Business, 15, 2, pp. 171-190.
- Coviello, N.E. (2006). The network dynamics of international new ventures, Journal of International Business Studies, 37, 5, pp. 713-731.
- Coviello, N.E., McAuley A. (1999). Internationalisation and the smaller firm: a review of contemporary empirical research. Management International Review, 39(3), pp. 223–256.
- Covin, J. G., & Miller, D. (2014). International Entrepreneurial Orientation: Conceptual Considerations, Research Themes, Measurement Issues, and Future Research Directions. Entrepreneurship: Theory & Practice, 38(1), pp. 11-44.
- Crick, D. (2009). The internationalisation of born global and international new venture SMEs, International Marketing Review, 26, 4/5, pp. 453-476.
- Cyert R., March J.G. (1963). A behavioral theory of the firm. Prentice Hall, Englewood Cliffs.
- Czinkota, M.R. (1982). Export development strategies: US promotion policy. New York: Praeger.
- De Clercq, D., Sapienza, H.J., Yavuz, R.I. & Zhou, L. (2012). Learning and knowledge in early internationalization research: Past accomplishments and future directions, Journal of Business Venturing, 27, 1, pp. 143-165.
- Dunning, J.H. (1988). The eclectic paradigm of international production: a restatement and possible extension. Journal of International Business Studies, 19(1), pp. 1–31.
- Gartner, W. B. (1985). A conceptual framework for describing the phenomenon of new venture creation. Academy of Management Review, 10, pp. 696–706.
- Gassmann, O. & Keup, M.M. (2007). The competitive advantage of early and rapidly internationalising SMEs in the biotechnology industry: A knowledge-based view, Journal of World Business, 42, 3, pp. 350–366.
- Hagen B. & Zucchella A., A Longitudinal Look at the International Entrepreneurship Dimensions: Cases and Predictions, International Journal of Management Cases, 13(3), pp. 484-504.
- Heise D.R. (1970). The Semantic Differential and Attitude Research , In: Attitude Measurement. G.F. Summers (ed). Chicago: Rand McNally.
- Hymer, S.H. (1960). The international operations of national firms: a study of foreign direct investment. MIT, Cambridge.
- Johanson J., Vahlne J-E. (1977). The internationalization process of the firm—a model of knowledge development and increasing foreign market commitments. Journal of International Business Studies, 8, pp. 23– 32.
- Jones M.V. & Coviello N.E. (2005). Internationalisation: conceptualising an entrepreneurial process of behaviour in time, Journal of International Business Studies, 36, pp. 284- 303.
- Jones, J.M., Coviello, N.E. & Tang, Y.K. (2011). International entrepreneurship research (1989– 2009): A domain ontology and thematic analysis, Journal of Business Venturing, 26, 6, pp. 632-659.
- Jones, M.V. (1999). The internationalization of small high-technology firms, Journal of International Marketing, 7, 4, pp. 15-41
- Keupp M.M. & Gassmann O. (2009). The Past and the Future of International Entrepreneurship; A Review and Suggestions for Developing the Field, Journal of Management, 35, 3, pp. 600-633.
- Kilby, P. 1971. Entrepreneurship and economic development. New York: Free Press.
- Knight, G.A. & Cavusgil S.T. (1996), The Born Global Firm: A Challenge to Traditional Internationalisation Theory, In: S.T. Cavusgil & T-K Madsen (eds.), Export Internationalising Research—Enrichment and Challenges, (Advances in International Marketing, 8), NY: JAI Press Inc., (pp. 11–26). Kuraś P., Tomski P. & Lemańska-Majdzik A. (2014). Enterprise Strategy in the Context of the Resource-Based View, In W:The Publications of the MultiScience - XXVIII. microCAD International Multidisciplinary Scientific Conference. Miskolc, Hungary, 10-11 April 2014.
- Lemańska-Majdzik A. (2009). Czynniki sukcesu firm powstałych w wyniku samozatrudnienia, Sekcja Wydawnictw Wydziału Zarządzania Politechniki Częstochowskiej, Częstochowa.
- Lessem R., Global Management Principles, Prentice Hall International, New York 1990.
- Liesch P.W. & Knight G.A. (1999). Information Internationalization and Hurdle Rates in Small and Medium Enterprise Internationalisation, Journal of International Business Studies, 30 (1), pp. 383 – 394.
- Lumpkin, G.T., & Dess, G.G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review, 21, pp. 135–172.
- Madsen, T-K. & P. Servais (1997). The Internationalisation of Born Globals: An Evolutionary Process?, International Business Review 6 (6), pp. 561–583.
- Majumdar, S.K., Vora, D. & Nag, A.K. (2010). Industry structure characteristics and international entrepreneurship in India’s software industry, Journal of Entrepreneurship, 19, 2, pp. 109-136.
- McAuley, A. (1999). Entrepreneurial instant exporter in the Scottish arts and crafts sector, Journal of International Marketing, 7, 4, pp. 67-82.
- McDougall, P.P. (1989). International versus domestic entrepreneurship: New venture strategic behavior and industry structure. Journal of Business Venturing, 4(6), pp. 387–399.
- McDougall, P.P.& Oviatt B.M. (2000). International Entrepreneurship: The Intersection of Two Research Paths, Academy of Management Journal, 43, pp. 902–908.
- McDougall, P.P., Oviatt, B.M. & Shrader, R.C. (2003). A comparison of international and domestic new ventures, Journal of International Entrepreneurship, 1, 1, pp. 59-82.
- McMullen, J. S., & Shepherd, D. A. (2006). Entrepreneurial action and the role of uncertainty in the theory of the entrepreneur. Academy of Management Review, 31(1), pp. 132-152.
- Naudé, W. & Rossouw, S. (2010). Early international entrepreneurship in China: Extent and determinants, Journal of International Entrepreneurship, 8, 1, pp. 87-111.
- Nowiński, W., & Rialp, A. (2013). Drivers and strategies of international new ventures from a Central European transition economy. Journal For East European Management Studies, 18(2), pp. 191-231.
- Oviatt B.M., & Mc Dougall P.P. (1994). Toward a theory of international new ventures, Journal of International Business Studies, 25 (1), pp. 45-64.
- Oviatt, B.M. & McDougall P.P. (1995), Global Start-ups: Entrepreneurs on a Worldwide Stage, Academy of Management Executive, 9 (2), pp. 30-43.
- Oviatt, B.M. & McDougall P.P. (1997). Challenges for Internationalisation Process Theory: The Case of International New Ventures, Management International Review 37 (Special Issue 1997/2), pp. 85-99.
- Oviatt, B.M. & McDougall, P.P. (1994). Toward a theory of international new ventures. Journal of International Business Studies, 25(1), pp. 45–64. Oviatt, B.M. & McDougall, P.P. (2005). Defining international entrepreneurship and modeling the speed of internationalization. Entrepreneurship Theory and Practice, 29(5), pp. 537-553.
- Penrose, E.T. (1959). The theory of the growth of the firm. Basil Blackwell, London.
- Rebernik M., Širec K. (2011). Building entrepreneurship careers via entrepreneurship education. The case of Slovenia, In: M. Dabić & M. Pietrzykowski (Eds.), Fostering Education in Entrepreneurship, Bogucki Wydawnictwo Naukowe, Poznań.
- Reid, S.D. (1981). The decision-maker and export entry and expansion, Journal of International Business Studies, 12, 2, pp. 101-112.
- Rennie, M. (1993). Born global, McKinsey Quarterly, 4, pp. 45-52. Reynolds, P. (1991). Sociology and entrepreneurship: concepts and contributions, Entrepreneurship Theory and Practice, vol. 16 (2), pp. 47 - 67.
- Reynolds, P., Bosma, N., Autio, E., De Bono, N., Servais, I., López, P. & Chin, N. (2005). Global Entrepreneurship Monitor: data collection, design and implementation, Small Business Economy, 24 (2), pp. 205-231.
- Rialp A., Rialp J. & Knight G.A. (2005). The phenomenon of early internationalizing firms: what do we know after a decade (1993-2003) of scientific inquiry?, International Business Review, 14, pp. 147-166.
- Rialp, A., Rialp, J., Urbano, D., & Vaillant, Y. (2005). The Born-Global Phenomenon: A Comparative Case Study Research. Journal of International Entrepreneurship, 3, 2, pp. 133-171.
- Schumpeter, J.A. (1934). The theory of economic development. New Brunswick, NJ: Transaction.
- Sipa M. & Smolarek M. (2004). Procesy internacjonalizacji małych firm a firmy typu „born global. In Prace Naukowe Katedry Ekonomii i Zarządzania Przedsiębiorstwem, tom III, Politechnika Gdańska, Wydział Zarządzania i Ekonomii, Gdańsk 2004, pp. 221-233.
- Stevenson, H. H., & Jarillo, J. C. 1990. A paradigm of entrepreneurship Entrepreneurial management. Strategic Management Journal, 11, pp. 17–27.
- Sudoł S., Przedsiębiorstwo. Podstawy nauki o przedsiębiorstwie. Teorie i praktyka zarządzania, Wydawnictwo TNOiK: Toruń 2002, p. 27.
- Szyliowicz, D. & Galvin, T. (2010). Applying broader strokes: Extending institutional perspectives and agendas for international entrepreneurship research, International Business Review, 19, 4, pp. 317-332.
- Westhead P., Wright M & Ucbasaran D. (2001). The internationalisation of new and small firms: a resourcebased view, Journal of Business Venturing, 16, pp. 333 – 358.
- Wood, E., Khavul, S., Perez-Nordtvedt, L., Prakhya, S. Velarde, Dabrowski, R. & Zheng, C. (2011). Strategic commitment and timing of internationalization from emerging markets: Evidence from China, India, Mexico, and South Africa. Journal of Small Business Management, 49(2), pp. 252-282.
- Zhang, M., Tansuhaj, P. & McCullough, J. (2009). International entrepreneurial capability: The measurement and a comparison between born- global firms and traditional exporters in China, Journal of International Entrepreneurship, 7, 4, pp. 292-322.
- Zhou, L. (2007). The effects of entrepreneurial proclivity and foreign market knowledge on early internationalization, Journal of World Business, 42, 3, pp. 281-293.