What Drives New Ventures to Internationalize from Emerging to Developed Economies?
Article first published online: 13 DEC 2007
Entrepreneurship Theory and Practice
Volume 32, Issue 1, pages 59–82, January 2008
How to Cite
Yamakawa, Y., Peng, M. W. and Deeds, D. L. (2008), What Drives New Ventures to Internationalize from Emerging to Developed Economies?. Entrepreneurship Theory and Practice, 32: 59–82. doi: 10.1111/j.1540-6520.2007.00216.x
- Issue published online: 13 DEC 2007
- Article first published online: 13 DEC 2007
The internationalization of new ventures from emerging economies to developed economies remains an unfilled gap at the intersection of the literature between international entrepreneurship and strategy in emerging economies. What drives some (but not all) new ventures from emerging economies to enter developed economies? We address this question by developing a comprehensive framework based on the three leading perspectives on strategy—industry-based, resource-based, and institution-based views. A series of propositions are proposed to explore the underlying logic behind new ventures' entrepreneurial entries from emerging to developed economies.