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The importance of industry context for new venture internationalisation: A case study from the life sciences
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL).ORCID iD: 0000-0002-8194-2053
Jönköping International Business School, Jönköping, Sweden.
2013 (English)In: Journal of International Entrepreneurship, ISSN 1570-7385, E-ISSN 1573-7349, Vol. 11, no 4, 297-319 p.Article in journal (Refereed) Published
Abstract [en]

During internationalisation, international new ventures in the life sciences industry face distinct challenges. For example, high product development costs push companies into early internationalisation to increase sales turnover and recover investments. At the same time, financial and managerial resource limitations and the demand to adjust to local regulations render internationalisation difficult. To date, relatively little is known about how different industry contexts influence new venture internationalisation processes. This paper presents an in-depth case study of the internationalisation process of a Swedish new venture from the life sciences industry to fill this gap. The findings outline factors in the industry context that affect the internationalisation process, with specific emphasis on entrepreneurs and their networks, leading to several propositions and a model of life sciences new venture internationalisation.

Place, publisher, year, edition, pages
New York: Springer-Verlag New York, 2013. Vol. 11, no 4, 297-319 p.
Keyword [en]
Internationalisation; Life sciences industry context; International new venture; Networks; International entrepreneurship
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:hh:diva-24313DOI: 10.1007/s10843-013-0116-yScopus ID: 2-s2.0-84888841980OAI: oai:DiVA.org:hh-24313DiVA: diva2:683696
Available from: 2014-01-06 Created: 2014-01-06 Last updated: 2017-04-04Bibliographically approved

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Laurell, HélèneAndersson, Svante
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CiteExportLink to record
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Citation style
  • apa
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