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Network embeddedness in the internationalization of biotechnology entrepreneurs
Lappeenranta Univ Technol, Sch Business & Management, Lappeenranta, Finland;Univ Jyvaskyla, Sch Business & Econ, Jyvaskyla, Finland.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies. Univ Otago, Dept Mkt, Otago Business Sch, Dunedin, New Zealand.
Univ Glasgow, ASBS, Glasgow, Lanark, Scotland.
2018 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114, Vol. 30, no 5-6, p. 562-584Article in journal (Refereed) Published
Abstract [en]

This study investigates how entrepreneurs of biotech enterprises embed in domestic and international networks so as to internationalize. We advance a contextual framework of embeddedness of internationalizing entrepreneurs, providing a contribution (i) by synthesizing and applying existing conceptual insights from the networking literature to provide a more culturally sensitive view of getting embedded for international entrepreneurship in the biotech industry and (ii) by adding insights into the practices and (micro)processes of how and in what ways embeddedness integrates with the internationalization of biotech entrepreneurs. Our study involves six entrepreneurs from Canada, Finland, and New Zealand. Context-specific embeddedness was studied by exploring the (i) type, (ii) strength, (iii) locality, and (iv) importance of the international and national network ties among internationalizing entrepreneurs. We found differences in relation to the locality of universities and research institutes, role and type of financiers, and customer focus in internationalization. For instance, while customers were central to the embeddedness of Canadian and New Zealand entrepreneurs, Finnish entrepreneurs had no focus on their customers, but acted solely through sales channels and partners. The customer focus of New Zealand entrepreneurs was mainly international, whereas it was domestic in the case of Canadian entrepreneurs.

Place, publisher, year, edition, pages
2018. Vol. 30, no 5-6, p. 562-584
Keywords [en]
Entrepreneurship, networking, embeddedness, internationalization, biotechnology, context
National Category
Business Administration
Identifiers
URN: urn:nbn:se:uu:diva-355476DOI: 10.1080/08985626.2017.1408697ISI: 000432156500004OAI: oai:DiVA.org:uu-355476DiVA, id: diva2:1229232
Available from: 2018-06-29 Created: 2018-06-29 Last updated: 2018-06-29Bibliographically approved

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