The internationalization of new ventures in an emerging economy: The shifting role of industry concentration

Abrar Ali Saiyed (), Stephanie A. Fernhaber (), Rakesh Basant () and Karthik Dhandapani ()
Additional contact information
Abrar Ali Saiyed: Amrut Mody School of Management, Ahmedabad University, GICT Building, Central Campus
Stephanie A. Fernhaber: Butler University, Lacy School of Business
Rakesh Basant: Indian Institute of Management Ahmedabad, Center of Innovation, Incubation for Entrepreneurship New Campus, Indian Institute of Management
Karthik Dhandapani: Indian Institute of Management Tiruchirappalli, NIT Campus (Post)

Asia Pacific Journal of Management, 2021, vol. 38, issue 4, No 11, 1467-1497

Abstract: Abstract This paper examines the influence of firm rivalry within an industry on the internationalization of new ventures in an emerging economy. Drawing on industrial organization and institutional theories, it was hypothesized that the influence of industry concentration (an index of firm rivalry) on new venture internationalization changes with the deepening of economic liberalization processes. An analysis of new ventures from 67 Indian industries from 1996 to 2014 suggests that the relation between industry concentration and new venture internationalization shifts gradually from a U-shaped relation to an inverted U-shaped relation during this time period. Implications for the generalizability of research in an emerging economy across time are discussed.

Keywords: Emerging economies; Industry concentration; New venture internationalization; India (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.com/10.1007/s10490-020-09712-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:asiapa:v:38:y:2021:i:4:d:10.1007_s10490-020-09712-2

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/10490/PS2

DOI: 10.1007/s10490-020-09712-2

Access Statistics for this article

Asia Pacific Journal of Management is currently edited by Jane Lu

More articles in Asia Pacific Journal of Management from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().