Fire and ice: The incompatible impact of industry-wide domestic patents and international standards on firm internationalization

Drori, Netanel; Hashai, Niron; Clougherty, Joseph A.

doi:10.1016/j.ibusrev.2023.102158

International Business Review

2023

DOI: 10.1016/j.ibusrev.2023.102158

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Fire and ice: The incompatible impact of industry-wide domestic patents and international standards on firm internationalization

Netanel Drori

Niron Hashai

Joseph A. Clougherty

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2024

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Cited by 4 publications

References 117 publications

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Crowdfunding technology projects: The impact of textual characterization on project success

Yosipof,

Song,

Drori

et al. 2024

Can J Adm Sci

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The technology sector is one of the most popular sectors for entrepreneurship. This paper investigates the success factors of fundraising in the technology sector. We argue that text elements of the project's description have a significant effect of the project success. We used text mining to extract and analyze 17,733 crowdfunding projects over an 11‐year period between 2009 and 2019 from the Kickstarter platform. We identified 28 textual elements and examined whether they affect project success as measured by three different operationalizations. Most of the textual elements were found to have a significant effect on the project's success. The findings provide valuable insights and highlight substantial opportunities for crowdfunding in the context of technology.

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Crowdfunding technology projects: The impact of textual characterization on project success

Yosipof,

Song,

Drori

et al. 2024

Can J Adm Sci

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Foreign competition and business diversification options

Drori,

Andrews,

Fainshmidt

et al. 2024

Global Strategy Journal

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Research SummaryWe examine reallocation in a firm's business portfolio amid foreign competition in its primary business. We argue that firms will tend to exit unrelated industries and reallocate resources to related ones, reducing option breadth but increasing the value of narrower options due to synergies that contribute to building defensive moats against encroachment by foreign competition. This sequential process is strengthened among firms with greater absorptive capacity who are especially adept at identifying these changes and reallocation opportunities. Data on 2,582 US firms from 1997 to 2019 provide support for these arguments. Our study advances scholarly understanding of real options under uncertainty. It introduces the option of “flight to nearby places,” demonstrating how firms may seek to maintain competitiveness in the face of foreign competition.Managerial SummaryAs firms manage heightened foreign competition in their primary business, research suggests that reallocating resources within corporate portfolios is critical for maintaining competitiveness. In this context, we propose that firms are likely to streamline operations by exiting unrelated industries and reinforcing related ones. This move narrows options but can drive synergies and enhance the efficacy of defensive strategies against foreign competition. Data from 2,582 US firms provide insights for managers, emphasizing the importance of both option breadth and complementarity among options. Considering the challenges of managing increasingly competitive global markets, we show how firms may convert pressures into nearby opportunities to build defensive moats and maintain competitiveness.

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The impact of digitalization on internationalization from an internalization theory lens

Drori,

Alessandri,

Bart

et al. 2024

Long Range Planning

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Fire and ice: The incompatible impact of industry-wide domestic patents and international standards on firm internationalization

Cited by 4 publications

References 117 publications

Crowdfunding technology projects: The impact of textual characterization on project success

Crowdfunding technology projects: The impact of textual characterization on project success

Foreign competition and business diversification options

The impact of digitalization on internationalization from an internalization theory lens

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