How high-tech entrepreneurial ventures cope with the global crisis: changes in product innovation and internationalization strategies

2016 ◽  
Vol 23 (7) ◽  
pp. 647-671 ◽  
Author(s):  
Massimo G. Colombo ◽  
Evila Piva ◽  
Anita Quas ◽  
Cristina Rossi-Lamastra
2014 ◽  
Vol 26 (5) ◽  
pp. 421-448 ◽  
Author(s):  
Dave Crick ◽  
James Crick

Purpose – The purpose of this paper is to investigate aspects of causation and effectuation decision-making in respect of the planned and unplanned nature of the internationalization strategies of a small sample of rapidly internationalizing, high-tech UK small and medium enterprises (SMEs). These exhibit four different rates of scale of international intensity (percentage of overseas sales to total sales) and market scope (geographical coverage and commitment). Design/methodology/approach – Interviews with managers of 16 independently owned high-technology-oriented manufacturing SMEs were undertaken in this investigation to reduce the potential effect of bias from parental decision-making and firm size, also trade sectoral conditions. These were drawn from an existing database. Findings – Aspects of both causation and effectuation logic were evident in planned and unplanned aspects of decision-making. Moreover, industry factors were seen to affect internationalization strategies in various ways and not least in respect of the need to exploit windows of opportunity in international niche markets and the usefulness of utilizing managers’ experience and networks in the sector in which firms operated. Originality/value – The contribution of this study is to build on earlier work where authors have used different terminology to describe firms that have internationalized soon after their foundation. Specifically, with respect to the planned versus unplanned nature of respective internationalization strategies and the causation as opposed to effectuation logic in decision-making.


Author(s):  
Massimo G. Colombo ◽  
Ali Mohammadi ◽  
Christina Rossi Lamastra

2020 ◽  
pp. 102026
Author(s):  
Massimo G. Colombo ◽  
Evila Piva ◽  
Anita Quas ◽  
Cristina Rossi-Lamastra

2009 ◽  
Vol 34 (4) ◽  
pp. 287-306 ◽  
Author(s):  
Roberto Fontana ◽  
Lionel Nesta

2014 ◽  
Vol 18 (04) ◽  
pp. 1450020 ◽  
Author(s):  
JING LIU ◽  
JINGQIN SU

This study explores how market orientation and technology orientation within fuzzy front end phases affect product innovation success in complex products and systems (CoPS) industry research and development (R&D) organisations. A sequential qualitative–quantitative mixed method was used with a single case study and a questionnaire survey. The case study results show mix effects of market orientation and technology orientation on CoPS innovation success within fuzzy front end phases. The empirical test results show that a market orientation facilitates both low-tech and high-tech CoPS innovation success and offer great benefits to mainstream customers. A technology orientation is beneficial to high-tech CoPS innovation success but has no impact on low-tech CoPS innovation success. The results have significant implications for CoPS firm strategies to facilitate product innovations and achieve competitive advantages.


2014 ◽  
Vol 52 (2) ◽  
pp. 226-245 ◽  
Author(s):  
Massimo G. Colombo ◽  
Alfredo De Massis ◽  
Evila Piva ◽  
Cristina Rossi-Lamastra ◽  
Mike Wright

2018 ◽  
Vol 65 (3) ◽  
pp. 795-830 ◽  
Author(s):  
Christopher Marquis ◽  
Kunyuan Qiao

We theorize how an ideological imprint—ideology formed through past events—serves as an information filter that persistently affects individuals’ decision making and how subsequent behaviors of the imprinter—the entity that established the imprint—may alter it. We test our model with a longitudinal dataset of Chinese private entrepreneurs from 1993 to 2012, investigating the influence of a founder’s communist ideological imprint, which characterizes foreign capitalism as evil, and subsequent dynamics introduced by the imprinter—the Communist Party–led government of China—on two internationalization strategies that deal with foreign investors and markets: firms’ efforts to attract foreign capital and to expand globally. Our findings show that Chinese entrepreneurs’ communist ideological imprint negatively affects the internationalization of their ventures, while available and credible information contradicting communism—coming from the government directly, government-created industry social networks for entrepreneurs, or observing governmental support of internationalization—weakens the influence of the imprint. Our study contributes to a better understanding of imprinting and its decay, the effects of corporate decision makers’ political ideology, and the internationalization of firms.


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