Session 380

Small, Young and Entrepreneurial Firms: A Unique Perspective in Globalization

Track G

Date: Sunday, September 21, 2014

Track K

Time: 15:45 – 17:00

Paper

Room: Malta


Session Chair:

  • Sheryl Winston Smith, Temple University

Title: Entrepreneurial Orientation and Performance across National Contexts: Universal Concepts and Universal Relations?

Authors

  • Tina Ambos, University of Geneva
  • Thorsten Semrau, University of Cologne
  • Sascha Kraus, University of Liechtenstein

Abstract: Prior research has identified entrepreneurial orientation (EO) as a culturally universal concept that serves as a basis for a sustainable competitive advantage and is positively associated with business performance. Despite a multitude of investigations on the relationship between EO and performance in different national contexts, hardly any studies have provided cross-national comparisons and there is a dearth of research on which contingencies on a country-level may influence this relationship. Our study proposes and tests such a contingency framework. Based on a sample of 2,495 firms from 7 national contexts, we show how differences in the regulative institutional framework and cultural performance orientation serve as contingencies for the relationship between EO and performance. The study thus contributes to our understanding of the interplay between strategic orientation and national context differences, and extends our knowledge on the universality of the EO-performance link.

Title: Skills and Innovation of Small Foreign and Domestic Firms

Authors

  • C. Annique Un, Northeastern University

Abstract: We argue that small subsidiaries are outsiders in the MNE and host-country social networks and as a result tend to be less innovative than small domestic firms. However, we also propose that because their skilled employees are less socially embedded than those employed by domestic firms and thus less are relationally and cognitively constrained by social networks, they are better at new knowledge search and, as a result, small subsidiaries generate more innovations from their skilled employees than small domestic firms. The empirical analysis of 540 manufacturing firms supports our arguments.

Title: Surviving Domestically by Early Expansion Abroad: The Role of Quality Signaling

Authors

  • Grigorios Livanis, Northeastern University
  • Anna Lamin, Northeastern University

Abstract: We examine how early vs. late internationalization to developed countries affects the survival of entrepreneurial firms from an emerging economy. Our context is the Indian software industry and we show how the geographic strategies of these firms are not independent, but intertwined with their ability to obtain a quality certification, which jointly affect their survival. We test our arguments with a sample of 798 firms from the Indian software services industry. We find firms that internationalize early are more likely to have a quality certification and vice-versa, supporting our argument that there are significant interrelationships between these strategies. And both quality certification and early internationalization increases firm survival.

Title: The Contribution of Global Venture Capital to Startup Innovation: The Role of Legal Environments

Authors

  • Elisa Alvarez-Garrido, University of South Carolina

Abstract: This proposal posits that venture capital as an institution serves to smooth some of the differences across national legal regimes, but not all. I ask whether the positive effects of VCs on the innovative performance of U.S. startups are present abroad, and explore the extent to which these effects depend on the startup’s legal environment, which is the external environment where the startup’s innovative processes unfold. I focus on two distinct facets of the startup’s legal environment—regulatory quality and rule of law—and I leverage the context, which provides two innovative outcomes—scientific publication and patents—that are affected by the legal environment in different ways.

All Sessions in Track G...

Sun: 08:00 – 09:15
Session 389: Managing the Multinational Organization in an Increasingly Complex World
Sun: 09:30 – 10:45
Session 221: Global Stakeholder Networks
Session 390: Local Determinants of Competitive Advantage and Disadvantage
Sun: 11:15 – 12:30
Session 2: Offshore Outsourcing, Dynamic Capabilities, and the Changing Nature of Firm Boundaries
Sun: 15:45 – 17:00
Session 270: Innovation in MNCs and Global Networks
Session 371: Inter and Intra Organizational Learning Across Borders: A Knowledge Management Perspective
Session 380: Small, Young and Entrepreneurial Firms: A Unique Perspective in Globalization
Sun: 17:15 – 18:30
Session 603: Global Strategy IG Business Meeting
Mon: 08:00 – 09:15
Session 335: Internationalization and Strategic Decisions
Session 379: Emerging Markets: Understanding the Importance of Context
Mon: 11:00 – 12:15
Session 372: The Challenges of Global Operations: Managing R&D and Complexity
Session 373: Global Diversification: Governance and Performance Implications
Mon: 14:45 – 16:00
Session 375: Changing External Environments: How do Multinationals Respond?
Session 381: Firm boundaries in Multinational Organizations: Antecedents and Consequences
Session 414: Global Networks and Business Groups
Mon: 16:30 – 17:45
Session 226: Culture, Norms and Institutions: The contextual influences on Entrepreneurship
Session 374: Antecedents and Consequences of Multinational Location Decisions
Session 382: Drivers of Multinational Performance:What, Where and When?
Tue: 08:00 – 09:15
Session 383: Globalization of R&D: Implications for Learning and Innovation
Tue: 11:00 – 12:15
Session 376: Headquarters Subsidiary Relationship: New Approaches to an Old Question
Session 384: Multinational Location Decisions: New Approaches Across Different Perspective
Tue: 15:30 – 16:45
Session 263: Innovation Models in Emerging Economies
Session 377: Organizing Assets Across Borders: Drivers and Consequences
Session 385: Multinational firms and the External Environment: The Role of Institutions
Tue: 17:15 – 18:30
Session 378: Global Outsourcing & Offshoring: Implications for Multinational Decisions

All Sessions in Track K...

Sun: 08:00 – 09:15
Session 386: Entrepreneurial Corporate Governance
Sun: 09:30 – 10:45
Session 387: Social Capital in Emerging Markets: Local, Glocal or Global?
Sun: 11:15 – 12:30
Session 462: Crowdfunding: State of the Art and Directions for Future Research
Sun: 15:45 – 17:00
Session 235: Cognitive and Behaviorial Perspectives of Entrepreneurial Decision Making
Session 380: Small, Young and Entrepreneurial Firms: A Unique Perspective in Globalization
Sun: 17:15 – 18:30
Session 607: Entrepreneurship and Strategy IG Business Meeting
Mon: 08:00 – 09:15
Session 227: Entrepreneurial Orientation, capabilities and firm performance
Session 445: Adaptation issues for Entrepreneurial Firms
Mon: 11:00 – 12:15
Session 232: Theory Building in the Field of Entrepreneurship
Session 440: Entrepreneurial Strategies in Emerging and International markets
Mon: 14:45 – 16:00
Session 231: Entrepreneurial Leadership: What it Takes to be a Successful Enterprise?
Session 457: Ownership and Funding Structures: Performance Implications for the entrepreneurial firms
Mon: 16:30 – 17:45
Session 226: Culture, Norms and Institutions: The contextual influences on Entrepreneurship
Session 229: Who Founds and how the Founding Team Impacts the Entrepreneurial Firm?
Tue: 08:00 – 09:15
Session 224: Funding an Entrepreneurial Venture: What Works and What Does Not?
Session 236: Universities, Academics and Incubators: The Role of Academic Institutions in Shaping Entrepreneurial Firm and Outcomes
Tue: 11:00 – 12:15
Session 230: TMTs as Firm Resources
Session 309: New Conversations on Business Models
Tue: 15:30 – 16:45
Session 225: Entrepreneurial Networks: Formation and Implications
Session 228: Dynamic Capabilities and Performance Implications for New Firms
Tue: 17:15 – 18:30
Session 234: Institutional, Industry and Firm Specific Impacts on Nascent Firms
Session 441: Funding Entrepreneurial Ventures: Sources and Successes


Strategic Management Society

Madrid