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Toward a Theory of International New Ventures

Published on Mar 1, 1994in Journal of International Business Studies7.72
· DOI :10.1057/palgrave.jibs.8400128
Benjamin M. Oviatt18
Estimated H-index: 18
(GSU: Georgia State University),
Patricia P. McDougall33
Estimated H-index: 33
(Georgia Institute of Technology)
Abstract
Organizations that are international from inception – international new ventures – form an increasingly important phenomenon that is incongruent with traditionally expected characteristics of multinational enterprises. A framework is presented that explains the phenomenon by integrating international business, entrepreneurship, and strategic management theory. That framework describes four necessary and sufficient elements for the existence of international new ventures: (1) organizational formation through internalization of some transactions, (2) strong reliance on alternative governance structures to access resources, (3) establishment of foreign location advantages, and (4) control over unique resources.
  • References (57)
  • Citations (2514)
References57
Newest
#1Patricia P. McDougall (Georgia Institute of Technology)H-Index: 33
#2Scott Shane (Georgia Institute of Technology)H-Index: 65
Last.Benjamin M. Oviatt (GSU: Georgia State University)H-Index: 18
view all 3 authors...
#1Vijay K. Jolly (Internet Movie Database)H-Index: 1
#2Matti AlahuhtaH-Index: 1
Last.Jean-Pierre Jeannet (Internet Movie Database)H-Index: 1
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#1Takeru Ohe (UPenn: University of Pennsylvania)H-Index: 2
#2Shuji Honjo (UPenn: University of Pennsylvania)H-Index: 2
Last.Ian C. MacMillan (UPenn: University of Pennsylvania)H-Index: 41
view all 4 authors...
Cited By2514
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#1Sarah Park (UKC: University of Kent)H-Index: 2
#2Sarah Park (UKC: University of Kent)
Last.Joseph A. LiPuma (BU: Boston University)H-Index: 5
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#1Ruey-Jer “Bryan” Jean (National Chengchi University)H-Index: 14
#2Daekwan Kim (FSU: Florida State University)H-Index: 21
Last.Erin Cavusgil (UM: University of Michigan)H-Index: 16
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#1Alex Rialp (Autonomous University of Barcelona)H-Index: 14
#2José M. Merigó (University of Chile)H-Index: 41
Last.David Urbano (Autonomous University of Barcelona)H-Index: 31
view all 4 authors...
View next paperThe internationalization of small computer software firms