Predictive and effectual decision-making in high-tech international new ventures – A matter of sequential ambidexterity

Natasha Evers and Svante Andersson

International Business Review, 2021, vol. 30, issue 1

Abstract: This study investigates the international opportunity exploration and exploitation processes of high technology international new ventures (INVs) operating in the global medical devices sector. Drawing upon the effectuation and causation perspectives, we contribute to the micro-foundations of international entrepreneurship research in the early innovation development space by focusing on decision-making logics of techno-entrepreneurs of INVs. Specific focus is afforded to the phases of their exploration and exploitation of international opportunities leading to international new venture creation. In the pre-start-up and start-up stages of international new ventures, we find that sequential ambidexterity applies to how the subject firms manage the exploration and exploitation of opportunities in the delivery of their innovations to global markets.

Keywords: International new ventures; Sequential ambidexterity; Causation; Effectuation; Exploration; Exploitation; Innovation (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:iburev:v:30:y:2021:i:1:s0969593119309424

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DOI: 10.1016/j.ibusrev.2019.101655

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