Internationalization and value orientation of entrepreneurial ventures—a Latin American perspective

Jie Chen (), Sami Saarenketo () and Kaisu Puumalainen ()
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Jie Chen: Lappeenranta University of Technology
Sami Saarenketo: Lappeenranta University of Technology
Kaisu Puumalainen: Lappeenranta University of Technology

Journal of International Entrepreneurship, 2016, vol. 14, issue 1, No 5, 32-51

Abstract: Abstract Entrepreneurial ventures from Latin American emerging economies are underexplored on the current international entrepreneurship literature. This paper is aimed to contribute empirical evidence on entrepreneurial ventures from Latin American emerging economies and their internationalization and value orientation. Based on the 2009 Global Entrepreneurship Monitor data, we found that institutional voids on Latin American emerging economies were a double-edge sword: on one hand, inefficient and unregulated markets make ventures from Latin American emerging economies encounter the liability of their country of origin; on the other hand, less active governments and absence of influential NGOs alternatively trigger more social entrepreneurial opportunities, with some of them across the national border. Some entrepreneurs from Latin American emerging economies have been active in exploiting those international social opportunities. International social entrepreneurship can be regarded as an alternative solution to social problems which governments, NGOs, or for-profit ventures fail to tackle on Latin American emerging economies.

Keywords: Internationalization; Social entrepreneurship; Emerging economies; Latin America (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (11)

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DOI: 10.1007/s10843-016-0169-9

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