Increasingly, emerging economies are surfacing value-creating entrepreneurial opportunities for firms committed to entrepreneurship as a path to firm growth. However, these opportunities are recognized and exploited only when the firm entrepreneurially manages its resources. Herein, we adopt a contextual approach and integrate resource-based theory, organizational learning theory, social capital theory and strategic entrepreneurship in order to present a theoretical analysis of the means firms employ to create and exploit competitive advantages in emerging economies. We emphasize strategic alliances as the most suitable entry mode for a foreign firm to use to successfully enter an emerging economy. In addition, we use social capital theory to describe actions the partners of an alliance (a foreign firm and a local emerging economy firm) take to develop a mutually beneficial cooperative relationship and to establish an effective, continuous learning process.
International entrepreneurship in emerging economies: the role of social capital, knowledge development and entrepreneurial actions
PISANO, VINCENZO;
2007-01-01
Abstract
Increasingly, emerging economies are surfacing value-creating entrepreneurial opportunities for firms committed to entrepreneurship as a path to firm growth. However, these opportunities are recognized and exploited only when the firm entrepreneurially manages its resources. Herein, we adopt a contextual approach and integrate resource-based theory, organizational learning theory, social capital theory and strategic entrepreneurship in order to present a theoretical analysis of the means firms employ to create and exploit competitive advantages in emerging economies. We emphasize strategic alliances as the most suitable entry mode for a foreign firm to use to successfully enter an emerging economy. In addition, we use social capital theory to describe actions the partners of an alliance (a foreign firm and a local emerging economy firm) take to develop a mutually beneficial cooperative relationship and to establish an effective, continuous learning process.File | Dimensione | Formato | |
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