What is it about?
Drawing on the literature on decision-making models and the philosophical foundation of opportunity, this article explores how international entrepreneurs of 15 early-internationalizing firms evaluated opportunities in the early- and late-stage of internationalization.
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Why is it important?
It is the first to develop a typology of international entrepreneurial opportunity evaluation rules, which are called simple, revised and complex rules. It proposes a Time-based Process model that reconciles extant internationalization models’ (i.e., Process, Network, Economics, and Entrepreneurship) different explanations regarding why and how firms internationalize.
Perspectives
It contains original ideas, by marrying the philosophical foundation of opportunity, decision making models of entrepreneurs, and theories of internationalization to develop a new perspective about smaller firms venturing to international markets.
Dr Yanto Chandra
Hong Kong Polytechnic University
Read the Original
This page is a summary of: A time-based process model of international entrepreneurial opportunity evaluation, Journal of International Business Studies, March 2017, Nature,
DOI: 10.1057/s41267-017-0068-x.
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