Affordable Access

Access to the full text

Knowledge combination in networks: evidence from the international venturing of four small biotech firms

Authors
  • Tolstoy, Daniel1
  • 1 Stockholm School of Economics, Department of Marketing and Strategy, Stockholm, SE-113 83, Sweden , Stockholm (Sweden)
Type
Published Article
Journal
International Entrepreneurship and Management Journal
Publisher
Springer US
Publication Date
Mar 27, 2010
Volume
6
Issue
2
Pages
183–202
Identifiers
DOI: 10.1007/s11365-010-0148-x
Source
Springer Nature
Keywords
License
Yellow

Abstract

Although international forms of venturing are critical for the sustained economic growth of small firms, this phenomenon remains surprisingly unexplored in international small business research. This study aims to contribute to this field by shedding light on the underlying factors of the international venturing of these firms. In this endeavor, the study rests on the assumption that knowledge combination in networks is a critical requisite for seizing business opportunities in foreign markets. Hence, the specific purpose of this study is to investigate how knowledge combination in networks underlies the international venturing of four small biotech firms. The findings demonstrate that international venturings are strongly shaped by proactive strategies of identifying and implementing knowledge combinations that span across internationally dispersed network relationships. The findings also reveal that different strategies of knowledge combination in networks are pursued depending on the nature of the venture (namely, international product ventures and international market ventures).

Report this publication

Statistics

Seen <100 times