A Conceptual Framework of Influencing Factors on International Entrepreneurial Capability in Emerging Markets

The increasing economic importance of born global firms makes it worthwhile to study what leads to their success in the emerging markets. The institutional environment defines, reacts, and limits entrepreneurial opportunities, and also affects the speed and scope of entrepreneurial capability. Given the relatively low base of resource, these firms need to deploy some unique strategies such as utilizing information communication to survive in today's hostile and competitive international environment. Propositions regarding the relationships between institutional environment, international entrepreneurial capability, informal communication and their effect on the international performance were developed. Theoretical and managerial contribution and future research directions were also provided.