International opportunities and value creation in international entrepreneurship.

Tuija Mainela, Vesa Puhakka, Ingrid Wakkee

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review


International entrepreneurship (IE) as a field of research has emerged at the intersection of internationalization and entrepreneurship theories. At this intersection it has come to emphasize the activities centered on international opportunities. International opportunities, then, are about value creation and competitive imperfections in international exchange. However, the activities of value creation in relation to international opportunity actualization have received limited attention. With a view that international opportunities take many forms and are generated in various of entrepreneurial processes, we develop theory-driven conceptualizations of international opportunities for future empirical probing. Building on knowledge of entrepreneurial opportunities in entrepreneurship research and prior research on international opportunities this study proposes four conceptualizations of value-creating international opportunities differentiating venture and market type of opportunities and opportunities of objective and subjective nature. The chapter concludes by discussing the implications of the different conceptualizations of international opportunities as different modes of value creation.
Original languageEnglish
Title of host publicationValue creation in international business
Subtitle of host publicationvol. 2: an SME perspective
EditorsSvetla Marinova, Jorma Larimo, Niina Nummela
PublisherSpringer International Publishing
ISBN (Electronic)9783319393698
ISBN (Print)9783319393681
Publication statusPublished - 8 Nov 2016


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