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Opportunity Discovery and Creation as a Duality: Evidence from Small Firms' Foreign Market Entries
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
Queenstown Resort Coll, Queenstown, New Zealand.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies. Univ Publ Navarra, Pamplona, Spain.ORCID iD: 0000-0003-1043-2133
2018 (English)In: Journal of International Marketing, ISSN 1069-031X, E-ISSN 1547-7215, Vol. 26, no 3, p. 70-93Article in journal (Refereed) Published
Abstract [en]

Little research addresses the likely enabling character of the discovery and creation of opportunities during the internationalization of small firms or how international opportunities are found and constructed during the process of foreign market entry (FME). This article therefore studies how opportunities become connected during small firms' FME. By incorporating the concept of duality, this article conceives of the discovery and creation of opportunity as mutually enabling rather than opposed. From this duality perspective, opportunity discovery and creation facilitate each other during internationalization processes. This case study involves five high-tech Australian firms and 30 FMEs. The findings show that knowledge, networks, and capabilities enable opportunities in the FME context. International opportunities are connected and nested in different levels of generality and specificity. The FME opportunities may be based on opportunity embeddedness, because each opportunity has implications for other opportunities. The findings lead to a model and propositions to explain the relationships between opportunity discovery and creation in FME.

Place, publisher, year, edition, pages
2018. Vol. 26, no 3, p. 70-93
Keywords [en]
opportunity discovery, opportunity creation, duality, foreign market entry, networks, international entrepreneurship, international marketing
National Category
Business Administration
Identifiers
URN: urn:nbn:se:uu:diva-364176DOI: 10.1509/jim.17.0005ISI: 000442554900004OAI: oai:DiVA.org:uu-364176DiVA, id: diva2:1259910
Available from: 2018-10-31 Created: 2018-10-31 Last updated: 2018-10-31Bibliographically approved

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Chetty, SylvieMartín Martín, Oscar

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