Does Being a Member of the Cluster Matter in the Process of Value Creation Through Internationalization?

Sedoglavich, Vesna; Dabić, Marina

doi:10.1007/978-3-319-39369-8_11

Cited by 2 publications

(2 citation statements)

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“…In fact, extant research on the influence of place and space on the emergence and in particular on the evolution and international expansion over time of new entrepreneurial ventures is not only scarce [28,33], but also primarily focused on the role played by clusters and industrial districts [34][35][36][37][38][39][40][41] that, despite some similarities, are conceptually different from entrepreneurial ecosystems [42]. In fact, industrial districts are place-based socio-economic entities [43] characterized by a single dominant industry whereby a significant number of small and medium-sized firms specialize in different stages of the same production process [44] and are therefore connected by substantial inter-firm linkages [45].…”

Section: Literature Overviewmentioning

confidence: 99%

TCKF-Connect: A Cross-Disciplinary Conceptual Framework to Investigate Internationalization within the Context of Entrepreneurial Ecosystems

Schijndel

2019

Journal of Open Innovation: Technology, Market, and Complexity

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This conceptual paper examines the still under-researched phenomena associated with internationalization within the context of entrepreneurial ecosystems. Drawing on multiple literature streams, I develop TCKF-Connect, a cross-disciplinary conceptual framework to investigate how entrepreneurial ecosystems become globally connected, and how, in turn, an ecosystem’s global connectedness can drive and sustain the internationalization processes of innovative start-ups. I propose a distinction between entrepreneurial ecosystems’ connectivity and ecosystems’ connectedness, where the former is purported as a necessary but not sufficient condition to achieve the latter. The framework developed revolves around the role played by a specific “vehicle” of connectivity across entrepreneurial ecosystems, i.e., temporary clusters, as conceptualized by Maskell, Bathelt and Malmberg and focuses on the role of knowledge flows within temporary clusters and across the entrepreneurial ecosystems where the temporary clusters are nested. The cross-disciplinary conceptual framework developed contributes to both research and policy debates by underpinning the investigation of research questions to further our understanding of the interplay between internationalization of entrepreneurial ecosystems and internationalization of the start-ups nested within them. The article proposes a research agenda emanating from the application of the cross-disciplinary conceptual framework developed and suggests a methodology for the empirical investigation.

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Section: Literature Overviewmentioning

confidence: 99%

TCKF-Connect: A Cross-Disciplinary Conceptual Framework to Investigate Internationalization within the Context of Entrepreneurial Ecosystems

Schijndel

2019

Journal of Open Innovation: Technology, Market, and Complexity

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“…However, scholars have generally not anticipated the market entry mode of collective internationalization, in which groups of firms jointly establish operations abroad (Sandberg and Jansson, 2014). Some scholars applied the concept of clusters of small and medium-sized enterprises (SMEs) for value creation (Sedogkavich and Dabić, 2017), which is quite a different entry strategy that this study intends to analyze. Since 2006, large Chinese state-owned and private companies, including SMEs, have begun to internationalize their operations in groups by establishing overseas special economic zones (SEZ), following the model implemented in China in the 1980s.…”

Section: Introductionmentioning

confidence: 99%

Going global in groups: a relevant market entry strategy?

Masiero

Ogasavara

Risso

2017

RIBS

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Purpose The purpose of this paper is to identify whether the new Chinese phenomenon of going global in groups represents a more advantageous market entry mode than the phenomena considered in previous studies. Design/methodology/approach In this empirical research paper, the authors draw upon the literature in academic journals and books regarding the Chinese special economic zones overseas to analyze and compare collective internationalization (i.e. going global in groups) with traditional market entry modes as per the ownership, location and internalization paradigm (OLI) and transaction cost approach (TCA). Findings The authors identified that financial and diplomatic support provided by the Chinese Government has reinforced internationalization in groups, thereby minimizing some structural risks in host countries. Pre-operational and operating costs have been lowered or shared among group members, and weighted average cost of capital has dropped due to the availability of specific funding lines with subsidized interest rates. Research limitations/implications Given the lack of available literature on the topic, the authors based their study of the collective internationalization of Chinese firms on very few cases, most of which represent market entry in African countries. Practical implications The study calls attention to a new, more efficient and less risky characteristic of international entry modes, which implies that companies can reap multiple benefits by entering markets in global groups. Originality/value As literature addressing market entry modes focuses mostly on individual enterprises, this paper contributes to the identification of advantages in collective internationalization.

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Does Being a Member of the Cluster Matter in the Process of Value Creation Through Internationalization?

Cited by 2 publications

References 40 publications

TCKF-Connect: A Cross-Disciplinary Conceptual Framework to Investigate Internationalization within the Context of Entrepreneurial Ecosystems

TCKF-Connect: A Cross-Disciplinary Conceptual Framework to Investigate Internationalization within the Context of Entrepreneurial Ecosystems

Going global in groups: a relevant market entry strategy?

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