Explore BrainMass
Share

Globalized Economy: Describe and analyse the factors identified in the Zahra Article

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

See attached article.

Explain how the article builds on the seminal work of Oviatt and McDougall in their paper, Toward a Theory of International New Ventures, published in 1994. Describe and analyse the factors identified in the Zahra article as giving competitive advantage to new firms in the globalized economy. Do you agree that these are the key factors underlying success in the international business environment? Give reasons for your answer

© BrainMass Inc. brainmass.com October 25, 2018, 4:54 am ad1c9bdddf
https://brainmass.com/business/international-business-risk/globalized-economy-describe-analyse-factors-identified-398661

Attachments

Solution Preview

I have identified what I believe are the key factors from Oviatt and McDougall. Please read over these and add your impressions as to why they might be key and how they can affect success or lack of it for either the established firm or the new ventures as identified in the article.

Two key factors about new firms is their spread of knowledge and managerial skills.

One of the key insights of Oviatt and McDougall is that firms do not need their own resources to internationalize. These entrepreneurial firms are defined by actions not resources. Emphasizing these actions and not resources means that Oviatt and McDougall focused on how the companies competed in the international markets.

Where and how to protect their culture within the organization and all the knowledge, innovative abilities, and inner relationships helped to define the new framework they established.

One of the key issues of the Oviatt ...

Solution Summary

The expert describes and analyzes the factors identified for a globalized economy.

$2.19
See Also This Related BrainMass Solution

A Theory of International New Ventures: A Decade of Research

Read:
A Theory of International New Ventures: A Decade of Research
Shaker A Zahra
Journal of International Business Studies, Vol 36 No. 1 (Jan 2005) p 20-28
Published by: Palgrave MacMillan Journals

Assignment:
Explain how the article builds on the seminal work of Oviatt and McDougall in their paper, Toward a Theory of International New Ventures, published in 1994. Describe and analyse the factors identified in the Zahra article as giving competitive advantage to new firms in the globalised economy. Do you agree that these are the key factors underlying success in the international business environment? Give reasons for your answer.

View Full Posting Details