Table of Contents

Emerging Paradigms in International Entrepreneurship

Emerging Paradigms in International Entrepreneurship

The McGill International Entrepreneurship series

Edited by Marian V. Jones and Pavlos Dimitratos

Emerging Paradigms in International Entrepreneurship identifies key themes that collectively demonstrate the convergence of thinking at the interface between the disciplines of international business and entrepreneurship. These are: development of the field and the effects of international entrepreneurship on a new economy; conceptual and paradigmatic developments; international entrepreneurship and the internet as a developing research agenda; contacts links and networks as process driven internationalisation; cross-sectoral, cross-national and cross-cultural comparisons of entrepreneurship; and the experiential emphasis in entrepreneurial internationalisation.

Chapter 11: Returning to the Field in Internationalization: An Exploratory Study of Contemporary Small Firms in the Advanced Medical Products Industry

Thandiwe Phiri, Marian V. Jones and Colin Wheeler

Subjects: business and management, entrepreneurship, international business

Extract

11. Returning to the field in internationalization: an exploratory study of contemporary small firms in the advanced medical products industry Thandiwe Phiri, Marian V. Jones and Colin Wheeler INTRODUCTION It is generally held that four main groups of theoretical explanation are relevant to the study of internationalization. These are, in parsimonious categorizations, the internalization or transaction cost approach, the internationalization or network approach, the export development approach, and the resource-based view. Coviello and McAuley (1999) indicated that the internationalization of the small firm is inadequately explained by any of these approaches individually. Research on Born Globals or international new ventures which focuses on the early stages of internationalization in young firms has been particularly critical of the inadequacy of conventional theoretical approaches to explain rapid or immediate internationalization in the face of sometimes considerable resource challenges. This has led to an increased interest in the entrepreneur as a driver of internationalization, and also to a number of calls in the literature for new theories, or for a useful integration of key concepts from traditional theories. To that end, the imperatives are: to return to the theories and re-examine their constructs, logic and implications; and to return to the field and re-examine internationalization as it occurs in firms, and as experienced by entrepreneurs or managers in a contemporary context. This chapter concentrates on the latter and reports the findings from an exploratory empirical study of small firms in the advanced medical products industry in central Scotland at the turn of the...

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