The importance of industry context for new venture internationalisation: A case study from the life sciences

Laurell, Hélène,1970-Högskolan i Halmstad,Centrum för innovations-, entreprenörskaps- och lärandeforskning (CIEL),Halmstad University (författare)

During internationalisation, international new ventures in the life sciences industry face distinct challenges. For example, high product development costs push companies into early internationalisation to increase sales turnover and recover investments. At the same time, financial and managerial resource limitations and the demand to adjust to local regulations render internationalisation difficult. To date, relatively little is known about how different industry contexts influence new venture internationalisation processes. This paper presents an in-depth case study of the internationalisation process of a Swedish new venture from the life sciences industry to fill this gap. The findings outline factors in the industry context that affect the internationalisation process, with specific emphasis on entrepreneurs and their networks, leading to several propositions and a model of life sciences new venture internationalisation.

SAMHÄLLSVETENSKAP Ekonomi och näringsliv hsv//swe
SOCIAL SCIENCES Economics and Business hsv//eng
Internationalisation; Life sciences industry context; International new venture; Networks; International entrepreneurship

Andersson, Svante,1962-Högskolan i Halmstad,Centrum för innovations-, entreprenörskaps- och lärandeforskning (CIEL),Halmstad University(Swepub:hh)svan (författare)
Achtenhagen, Leona,1969-Jönköping University,IHH, ESOL (Entrepreneurship, Strategy, Organization, Leadership),IHH, Media, Management and Transformation Centre (MMTC),IHH, Centre for Family Entrepreneurship and Ownership (CeFEO),Jönköping International Business School, Jönköping, Sweden(Swepub:hj)acle (författare)
Högskolan i HalmstadCentrum för innovations-, entreprenörskaps- och lärandeforskning (CIEL) (creator_code:org_t)

Ingår i:Journal of International EntrepreneurshipNew York : Springer-Verlag New York11:4, s. 297-3191570-73851573-7349

Av författaren/redakt...: Laurell, Hélène, ...; Andersson, Svant ...; Achtenhagen, Leo ...

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