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Institutional voids, international learning effort and internationalization of emerging market new ventures

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journal contribution
posted on 10.08.2020, 10:03 by S Adomako, J Amankwah-Amoah, GO Dankwah, A Danso, Francis DonbesuurFrancis Donbesuur
© 2019 Elsevier Inc. Much of the existing scholarly works portray institutional voids (IVs) in emerging economies as impeding forces against the development of new ventures. However, little attention has been paid to how such voids generate positive outcomes in emerging market new ventures. Drawing on the institutional theory, we propose IVs as crucial enablers of new venture internationalization. In addition, we investigate both how and when IVs enhance the degree to which new ventures internationalize by examining international learning effort (ILE) as a mediator and two domestic market environmental factors (i.e., environmental dynamism and competitive intensity) as important contingencies. We test our moderated mediation model using primary data gathered from 211 new ventures from Ghana. We found that ILE mediates the relationship between IVs and new venture internationalization and that both environmental dynamism and competitive intensity moderate the indirect relationship between home-country IVs and new venture internationalization. We discuss the theoretical and practical implications of this study.

History

School

  • Business and Economics

Department

  • Business

Published in

Journal of International Management

Volume

25

Issue

4

Pages

100666

Publisher

Elsevier

Version

P (Proof)

Rights holder

© Elsevier

Publisher statement

This paper was accepted for publication in the journal Journal of International Management and the definitive published version is available at https://doi.org/10.1016/j.intman.2019.04.001

Acceptance date

22/04/2019

Publication date

2019-05-03

Copyright date

2019

ISSN

1075-4253

eISSN

1873-0620

Language

en

Depositor

Dr FRANCIS DONBESUUR. Deposit date: 6 August 2020

Article number

100666