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Venturing from Emerging Economies

Yasuhiro Yamakawa¹; Susanna Khavul^2,3; Mike W. Peng⁴; David L. Deeds⁵

¹ Arthur Blank Center for Entrepreneurship Babson College Babson Park Massachusetts U.S.A. · ² Department of Management University of Texas at Arlington Arlington Texas U.S.A. · ³ Department of Management London School of Economics London U.K. · ⁴ Jindal School of Management, University of Texas at Dallas Richardson Texas U.S.A · ⁵ Opus College of Business University of St. Thomas Minneapolis Minnesota U.S.A.

What drives new ventures to internationalize from emerging economies to developed economies? To answer this underexplored question, we bring together theory at the intersection of international entrepreneurship and strategy in emerging economies. Focusing on intangible resources, we theorize that international expansion of new ventures from emerging economies is driven by their desire to enhance domestic reputation, to exploit their stocks of prior knowledge, and to explore benefits of incoming knowledge flows. We find support for our hypotheses using a cross‐country sample of new ventures from two major emerging economies— C hina and I ndia. Copyright © 2013 Strategic Management Society.

DOI

10.1002/sej.1158

Volume

7 (3)

Pages

181-196

Language

en

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