Abstract
– This paper aims to critically review the ownership, location and internalization (OLI) model and the Uppsala internationalization process (UIP) framework. We suggest that the inclusion of concepts such as corporate entrepreneurship, host country institutions and regulatory focus in an integrated framework helps to explain firm internationalization.
Design/methodology/approach
– This paper is based on a review of the literature on the OLI and UIP models. In addition, it presents a conceptual model that encompasses corporate entrepreneurship, regulatory focus and institutions.
Findings
– The OLI and the UIP models fail to include corporate entrepreneurship and managerial psychology in their analyses. We suggest that regulatory focus theory unifies the managerial strategic choice between position logic and opportunity logic. In addition, host country institutions affect this managerial choice with regard to internationalization.
Practical implications
– Regulatory focus theory originates from managerial psychology. The model is, therefore, relevant for managers, and it shows how the outcomes and processes of corporate entrepreneurial activity should manifest themselves in managerial decision-making related to further internationalization. The strength of host country institutions also affects such decision-making.
Originality/value
– This paper is the first to present the concept of regulatory focus in relation to firm internationalization. In addition, it shows that most entrepreneurship-related models of internationalization focus on international entrepreneurship and start-up firms. In contrast, this paper focuses on corporate entrepreneurship and the internationalization of established firms.
| Original language | English |
|---|---|
| Journal | Critical Perspectives on International Business |
| Volume | 10 |
| Issue number | 3 |
| Pages (from-to) | 153-171 |
| ISSN | 1742-2043 |
| DOIs | |
| Publication status | Published - 2014 |
Cite this
}
An Integrative Model of Internationalization Strategies : The Corporate Entrepreneurship – Institutional Environment – Regulatory Focus (EIR) Framework. / Li, Xin; Gammelgaard, Jens.
In: Critical Perspectives on International Business, Vol. 10, No. 3, 2014, p. 153-171.Research output: Contribution to journal › Journal article › Research › peer-review
TY - JOUR
T1 - An Integrative Model of Internationalization Strategies
T2 - The Corporate Entrepreneurship – Institutional Environment – Regulatory Focus (EIR) Framework
AU - Li, Xin
AU - Gammelgaard, Jens
PY - 2014
Y1 - 2014
N2 - Purpose– This paper aims to critically review the ownership, location and internalization (OLI) model and the Uppsala internationalization process (UIP) framework. We suggest that the inclusion of concepts such as corporate entrepreneurship, host country institutions and regulatory focus in an integrated framework helps to explain firm internationalization.Design/methodology/approach– This paper is based on a review of the literature on the OLI and UIP models. In addition, it presents a conceptual model that encompasses corporate entrepreneurship, regulatory focus and institutions.Findings– The OLI and the UIP models fail to include corporate entrepreneurship and managerial psychology in their analyses. We suggest that regulatory focus theory unifies the managerial strategic choice between position logic and opportunity logic. In addition, host country institutions affect this managerial choice with regard to internationalization.Practical implications– Regulatory focus theory originates from managerial psychology. The model is, therefore, relevant for managers, and it shows how the outcomes and processes of corporate entrepreneurial activity should manifest themselves in managerial decision-making related to further internationalization. The strength of host country institutions also affects such decision-making.Originality/value– This paper is the first to present the concept of regulatory focus in relation to firm internationalization. In addition, it shows that most entrepreneurship-related models of internationalization focus on international entrepreneurship and start-up firms. In contrast, this paper focuses on corporate entrepreneurship and the internationalization of established firms.
AB - Purpose– This paper aims to critically review the ownership, location and internalization (OLI) model and the Uppsala internationalization process (UIP) framework. We suggest that the inclusion of concepts such as corporate entrepreneurship, host country institutions and regulatory focus in an integrated framework helps to explain firm internationalization.Design/methodology/approach– This paper is based on a review of the literature on the OLI and UIP models. In addition, it presents a conceptual model that encompasses corporate entrepreneurship, regulatory focus and institutions.Findings– The OLI and the UIP models fail to include corporate entrepreneurship and managerial psychology in their analyses. We suggest that regulatory focus theory unifies the managerial strategic choice between position logic and opportunity logic. In addition, host country institutions affect this managerial choice with regard to internationalization.Practical implications– Regulatory focus theory originates from managerial psychology. The model is, therefore, relevant for managers, and it shows how the outcomes and processes of corporate entrepreneurial activity should manifest themselves in managerial decision-making related to further internationalization. The strength of host country institutions also affects such decision-making.Originality/value– This paper is the first to present the concept of regulatory focus in relation to firm internationalization. In addition, it shows that most entrepreneurship-related models of internationalization focus on international entrepreneurship and start-up firms. In contrast, this paper focuses on corporate entrepreneurship and the internationalization of established firms.
KW - Institutions
KW - Regulatory focus
KW - Corporate entrepreneurship
KW - Internationalization strategy
KW - Ownership – location – internalization (OLI)
KW - Uppsala internationalization processes (UIP)
U2 - 10.1108/cpoib-01-2012-0004
DO - 10.1108/cpoib-01-2012-0004
M3 - Journal article
VL - 10
SP - 153
EP - 171
JO - Critical Perspectives on International Business
JF - Critical Perspectives on International Business
SN - 1742-2043
IS - 3
ER -