By Julia Christofor, Tobias Kollmann
With the ongoing dispersion of the worldwide electronic community and function advancements of knowledge and communique applied sciences, resource-poor start-ups with on-line company versions have emerges in huge numbers. those organisations may be able to set up their competitve merits throughout their nation forums early of their life-cycle and interact in foreign trade at a quick speed. A elevated immediacy among the corporations and the glabally available consumer is saw.
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Extra info for Antecedents of Venture Firms' Internationalization: A Conjoint Analysis of International Entrepreneurship in the Net Economy
What is more, all types of firms are included; hence, it also encompasses E-Ventures. After having stated the research question and defined the field of research, in this chapter, first, the research aims and the value of research will be delineated and, second, the structure and the strategy of the thesis will be outlined. 1 Research Aims and Value of Research This study and its research questions are issue-driven (Buckley and Lessard, 2005), implying that the phenomenon of interest and the research contribution apply to an observation in firms.
In fact, the entire value chain, with the exception of the distribution, is generally allocated in the home country. Therefore, the consequences of terminating a direct exporting commitment are still limited. 1, which are a result of the unshared risk aspects of indirect exporting. And, in addition, to the acceptance problems in indirect exporting, the need to establish an organizational entity for 31 exporting in the parent company or in foreign company prevails. This requires an increased resource commitment and establishment period.
The degree of resource 41 commitment in turn signifies different levels of risks, which need to be considered when framing the market entry strategy. Moreover, a major determinant of market entry strategies is the time factor. In this respect, the strategy may devise a rapid market entry or an incremental, time-intensive market entry. Moreover, a fundamental difference between all the predicated market entry forms is the degree of customer interaction. For the research question at hand not all the market entry selection processes and strategies can be applied: E-Ventures, especially due to their characteristics, are restricted when formulating their internationalization strategy.
Antecedents of Venture Firms' Internationalization: A Conjoint Analysis of International Entrepreneurship in the Net Economy by Julia Christofor, Tobias Kollmann