TY - JOUR
T1 - Problematizing opportunity pursuit multidimensional embeddedness of international entrepreneurship
AU - Ferguson, Julie E.
AU - Tea, San
AU - Dahles, Heidi
AU - Wakkee, Ingrid
AU - Moser , Christine
AU - Spierenburg, Marja
PY - 2017/11/30
Y1 - 2017/11/30
N2 - International business scholars are increasingly calling for more awareness of the local context in which international entrepreneurs pursue business opportunities. In this paper, we respond to this call, arguing that an entrepreneur’s business network engenders self-sustaining dynamics that bear upon the entrepreneurial opportunity itself. We conclude that the dynamics that we observe can be interpreted as ‘multidimensional embeddedness’. Through a qualitative inquiry, we study how a Korean entrepreneur seeking to establish an agri-business venture in Cambodia embeds himself in the local business environment as a means to create an opportunity structure. We analyze how the international business venture initially thrived but ultimately failed, attributing these outcomes to the entrepreneur’s multidimensional embeddedness in the wider business environment. In so doing, we contribute a critical perspective to entrepreneurship research, widening the prevailing individualistic focus on entrepreneurship by engaging with the societal context within which an opportunity structure develops. We also extend international business studies by explaining how the opportunity structure underlying international ventures impacts upon opportunity pursuit, beyond the entrepreneur’s control.
AB - International business scholars are increasingly calling for more awareness of the local context in which international entrepreneurs pursue business opportunities. In this paper, we respond to this call, arguing that an entrepreneur’s business network engenders self-sustaining dynamics that bear upon the entrepreneurial opportunity itself. We conclude that the dynamics that we observe can be interpreted as ‘multidimensional embeddedness’. Through a qualitative inquiry, we study how a Korean entrepreneur seeking to establish an agri-business venture in Cambodia embeds himself in the local business environment as a means to create an opportunity structure. We analyze how the international business venture initially thrived but ultimately failed, attributing these outcomes to the entrepreneur’s multidimensional embeddedness in the wider business environment. In so doing, we contribute a critical perspective to entrepreneurship research, widening the prevailing individualistic focus on entrepreneurship by engaging with the societal context within which an opportunity structure develops. We also extend international business studies by explaining how the opportunity structure underlying international ventures impacts upon opportunity pursuit, beyond the entrepreneur’s control.
KW - entrepreneurship
KW - Multidimensional embeddedness
KW - Opportunity
U2 - 10.5465/AMBPP.2017.12802abstract
DO - 10.5465/AMBPP.2017.12802abstract
M3 - Meeting Abstract
VL - 2017
SP - 12802
JO - Acedemy of Management Proceedings
JF - Acedemy of Management Proceedings
SN - 0065-0668
IS - 1
ER -