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Internationalization, Innovation and Entrepreneurship: Business Models for New Technology-Based fiRms

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Submitted By luchd
Words 11236
Pages 45
J Manag Gov
DOI 10.1007/s10997-010-9154-1

Internationalization, innovation and entrepreneurship: business models for new technology-based firms
Alberto Onetti • Antonella Zucchella •
Marian V. Jones • Patricia P. McDougall-Covin

Ó Springer Science+Business Media, LLC. 2010

Abstract New technology-based firms, particularly those that develop their business around a new technological platform, are likely to be impacted by globalization, in terms of both pace of innovation and pressure of competition. For these firms, strategic decisions and growth processes are characterized by a deep interrelationship amongst the processes of internationalization, innovation and entrepreneurship; processes which have tended to be examined independently in distinct bodies of literature. In practice strategic decisions concern each of these processes and address issues such as organizational boundaries, location of the operational activities, what activities to focus on and selection of value partners. The business model by which firms operate needs also to accommodate the spatial dimensions indicated by globalization; and the emergence of global technology markets. Little is known to date about the extent to which business models accommodate or are adapted to internationalization, innovation and entrepreneurship. This paper presents a review of the business model literature from which a generic business model framework is derived, identifying and introducing the main elements of these
A. Onetti (&)
Faculty of Economics, University of Insubria, Via Monte Generoso 71, 21100 Varese, Italy e-mail: alberto.onetti@uninsubria.it
A. Zucchella
Faculty of Economics, University of Pavia, Via San Felice 5, 27100 Pavia, Italy e-mail: antonella.zucchella@unipv.it
M. V. Jones
Business School, Department of Management, University of Glasgow, University Avenue, Glasgow
G12

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