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Dual business relationships, opportunity knowledge, and new product development: A study on returnee young ventures
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies. Department of Innovation,Entrepreneurship and Investment Management, Zhejiang University ofTechnology, China; School of Technology and Business Studies, Dalarna University, Sweden.ORCID iD: wenba443
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies. School of Technologyand Business Studies, Dalarna University, Sweden .
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies. Department of BusinessAdministration, Public Universityof Navarre, Spain.ORCID iD: 0000-0003-1043-2133
2019 (English)In: Journal of International Marketing, ISSN 1069-031X, E-ISSN 1547-7215, Vol. 27, no 3, p. 26-42Article in journal (Refereed) Published
Abstract [en]

The effects on innovation of the dual embeddedness of returnee young ventures (RYVs) in both domestic and international networks of relationships and knowledge contexts are important for value creation, growth, and success of these firms and embody a uniqueresearch opportunity. Based on a framework combining a business relationship perspective and the knowledge-based view, we propose that RYVs take advantage of business relationships and opportunity knowledge from both international and domestic markets to nurture their innovation. We test our model on a sample of 200 RYVs in China. The findings reveal that business relationships are essential for acquiring knowledge about technological and business opportunities, although only international opportunity knowledge and domestic business relationships positively influence new product development. In addition, the interaction between international and domestic business relationships constrains firms’ capacity for obtaining international opportunity knowledge. Our study offers insights into how the trade-offs between dual relationships and subsequently sourced knowledge contribute to new product development in emerging markets, and it extends the discussion on the paradox view of business relationships with geographically dispersed actors. 

Place, publisher, year, edition, pages
2019. Vol. 27, no 3, p. 26-42
Keywords [en]
Returnee young ventures, domestic and international markets, business relationships, opportunity knowledge, new product development, networks
National Category
Business Administration
Research subject
Business Studies
Identifiers
URN: urn:nbn:se:uu:diva-382865DOI: 10.1177/1069031X19852961ISI: 000478922500002OAI: oai:DiVA.org:uu-382865DiVA, id: diva2:1313569
Note

Alla tre författare delar förstaförfattarskapet.

Available from: 2019-05-03 Created: 2019-05-03 Last updated: 2019-09-27Bibliographically approved

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Bai, WensongJohanson, MartinMartín Martín, Oscar

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