The rapid pace of digitalization forces new ventures to cope with external changes they cannot foresee. Improvisation is a crucial way for companies to respond effectively to sudden changes. However, the mechanisms underlying the improvisation-performance link are not fully understood. This...

Business model innovation is critical to firm survival and success. Digital revolution has reshaped value-creation methods in recent years, spawning various novel business models. However, we still have limited understanding of how a start-up's business model innovation efforts translate into...

Purpose: Does product diversification constrain or boost international expansion of business groups from emerging markets? What is the role of international orientation and group resources in moderating this relationship? Given the dominance of business groups as an organizational form in...

Liability of foreignness (LOF) is a well known concept in international business domain. At the core of LOF is the insight that firms face social and economic costs when they operate in foreign markets. Extant literature acknowledges that the ability of firms to overcome LOF in host locations...

Although trust and commitment are important for the success of any alliance activity, there is only a minimal attention given to the 'soft' side of alliance management. In this article we propose a dynamic framework for the development of trust and commitment in different alliance types. We...

We argue that the effectiveness of aligning incentives through greed and fear reductions cannot be examined independent of the relational context molded by trust and time horizon. We propose that trust and time horizon jointly give rise to apprehension and temptation, which in turn generate...

Research on internationalization of emerging market firms (EMFs) has received an increasing attention in the international management field. A central argument in a majority of these studies is that the internationalization of EMFs is different from that of firms from developed economies, and...

This study surveys recent work, published in four International Business journals, that has focused on the non-manufacturing sector which includes the 'services' sector. It documents the nature of scholarship in this area, identifies opportunities for future work, highlights some important...

We investigate the effect of product diversity and geographic diversity on the performance of SMEs. We propose an inverted U shaped relationship between product (geographic) diversification (PD/GD) and the performance of SMEs. We also propose that PD and GD positively interact with each other to...

We propose that formal and informal enforcement mechanisms have a substituting as well as complementing effect. Building on the literature on cooperation in the provision F public good, we argue that the effectiveness of punishment vs. protection as a formal mechanism hinges on the extent to...