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Sökning: WFRF:(Bai Wensong)

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  • Bai, Wensong, et al. (författare)
  • Dual business relationships, opportunity knowledge, and new product development : A study on returnee young ventures
  • 2019
  • Ingår i: Journal of International Marketing. - : Sage Publications. - 1069-031X .- 1547-7215. ; 27:3, s. 26-42
  • Tidskriftsartikel (refereegranskat)abstract
    • The effects on innovation of the dual embeddedness of returnee young ventures (RYVs) in both domestic and international networks of relationships and knowledge contexts are important for value creation, growth, and success of these firms and embody a uniqueresearch opportunity. Based on a framework combining a business relationship perspective and the knowledge-based view, we propose that RYVs take advantage of business relationships and opportunity knowledge from both international and domestic markets to nurture their innovation. We test our model on a sample of 200 RYVs in China. The findings reveal that business relationships are essential for acquiring knowledge about technological and business opportunities, although only international opportunity knowledge and domestic business relationships positively influence new product development. In addition, the interaction between international and domestic business relationships constrains firms’ capacity for obtaining international opportunity knowledge. Our study offers insights into how the trade-offs between dual relationships and subsequently sourced knowledge contribute to new product development in emerging markets, and it extends the discussion on the paradox view of business relationships with geographically dispersed actors. 
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  • Bai, Wensong, et al. (författare)
  • Effectual Internationalization : The Role of Business and Social Networks
  • 2019
  • Ingår i: 2019 AIB Southeast Asia Regional Conference. - 9789628134205 ; , s. 613-653
  • Konferensbidrag (refereegranskat)abstract
    • This study investigates the performance implications of the distinct mechanisms represented by business and social networks in the effectual internationalization. Our hypotheses consider the influence of both network types on firms' decision-making, including the use of effectuation's overarching principle of non-predictive strategy and the analysis of affordable losses as preferred criterion for selecting between action paths. We test our structural model on a sample of 469 SMEs from Brazil, China, and Poland. The analysis demonstrates that the knowledge circulating in the firms' business networks negatively moderates the relationship between non-predictive strategy and affordable losses, while social networking mediates the relationships between both non-predictive strategy and affordable losses, on the one hand, and international performance, on the other.
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  • Bai, Wensong, et al. (författare)
  • International opportunity networks
  • 2018
  • Ingår i: Industrial Marketing Management. - : Elsevier. - 0019-8501 .- 1873-2062. ; 70, s. 167-179
  • Tidskriftsartikel (refereegranskat)abstract
    • Opportunity seeking has become increasingly important for explaining firm internationalization, but our understanding of how opportunity is mediated within international networks is limited. This study probes the concept of network-mediated opportunities and attempts to identify what drives a firm's reception of new international opportunities. Based on the notion of opportunity in the entrepreneurship literature with the network view on internationalization, we bring together the concepts of relationships, networks, capabilities, and opportunity in a structural model, where we hypothesize that network-mediated opportunity is dependent on networking capability. This, in turn, is positively influenced by network closure and relational embeddedness. We test the model on a sample of 200 Chinese firms. The analysis partly supports the model, as we find that networking capability is a mediating factor between relational embeddedness and network-mediated opportunity, but does not mediate the relationship between network closure and network-mediated opportunity; on the other hand, we find a direct relationship between network closure and network-mediated opportunity. The paper ends with a discussion of the results and suggestions for future research.
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  • Bai, Wensong, et al. (författare)
  • Knowledge and internationalization of returnee entrepreneurial firms
  • 2017
  • Ingår i: International Business Review. - : Elsevier BV. - 0969-5931 .- 1873-6149. ; 26:4, s. 652-665
  • Tidskriftsartikel (refereegranskat)abstract
    • This study aims to answer whether and how returnee entrepreneurs’ international experience and returnee entrepreneurial firms’ international market knowledge influence these firms’ internationaliza-tion. Anchored in a framework combining an entrepreneurial and knowledge-based view, we develop a model and four hypotheses on the relations between returnee entrepreneurs’ international experience, international market knowledge, international market commitment, and level of internationalization of the returnee entrepreneurial firm. Empirical evidence of the proposed model is derived from a recent sample of Chinese returnee SMEs in knowledge-intensive and high-technology industries. The main finding is that returnee entrepreneurs’ international experience nurtures international market knowledge of returnee entrepreneurial firms, which in turn has a positive effect on these firms’ international market commitment and level of internationalization. In terms of theory, the study extends our understanding of returnee entrepreneurial firms by uncovering the role of returnee entrepreneurs’ international experience and returnee firms’ international market knowledge during their initial and early international expansion.
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  • Bai, Wensong, et al. (författare)
  • Leveraging networks, capabilities and opportunities for international success : A study on returnee entrepreneurial ventures
  • 2018
  • Ingår i: Scandinavian Journal of Management. - : Elsevier BV. - 0956-5221 .- 1873-3387. ; 34:1, s. 51-62
  • Tidskriftsartikel (refereegranskat)abstract
    • By integrating social capital theory with a capability-based view on performance, this paper aims to examine the extent to which returnee entrepreneurial ventures (REVs) gain international performance advantages from the founding entrepreneurs’ experience with international networks. Using data on 200 Chinese REVs, the paper proposes and tests a structural model with a focus on the link between individual entrepreneurs and the subsequent development of firm capabilities. The results provide evidence that it is important that the returnee entrepreneurs have an international social network for the REV to develop an international network capability, which, in turn, mediates the effects on opportunity knowledge and the international performance of the REVs. The findings highlight the concurrent effect of the role of entrepreneurs and organizational learning in internationalization, and they provide an understanding as to the importance of the returnee-specific advantages for the international performance of these firms.
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  • Bai, Wensong (författare)
  • Linking periphery with centre: the liability and usefulness of returnee entrepreneurial firm in home country context
  • Ingår i: International Journal of Entrepreneurship and Small Business. - 1476-1297 .- 1741-8054.
  • Tidskriftsartikel (refereegranskat)abstract
    • Returnee entrepreneurship has received increasing attention becauseof its characteristics of innovation, international orientation and performanceadvantage, but understanding of how returnee entrepreneurial firms achievedesirable entrepreneurial goals in home country context is limited. Drawing onliterature on the centre-peripheral dichotomy in international scientificcommunity, this paper attempts to investigate context constraints that influencereturnee entrepreneurial firms’ innovation and entrepreneurship performance inthe home country and to explain how firms deal with these constraints. Basedon a longitudinal case study that investigates a successful returneeentrepreneurial firm from China, research findings show that the returneeentrepreneurial firm is able to overcome its peripheral research condition bydeveloping international network connections with researchers at the centre ofthe international scientific community. However, the firm may not be able toproperly respond to the regulatory regime constraints without having a goodunderstanding of the home country and making re-adjustments accordingly.Hence, this study presents a discussion of the usefulness and liability ofreturnee entrepreneurial firms that influence their entrepreneurship process andperformance in the home country.
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  • Resultat 1-10 av 37

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