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dc.contributor.authorMcGaughey, Sara L
dc.date.accessioned2017-05-03T16:10:48Z
dc.date.available2017-05-03T16:10:48Z
dc.date.issued2007
dc.date.modified2013-06-04T02:43:17Z
dc.identifier.issn1090-9516
dc.identifier.doi10.1016/j.jwb.2007.04.011
dc.identifier.urihttp://hdl.handle.net/10072/47403
dc.description.abstractA hitherto neglected phenomenon in international new venturing is portfolio entrepreneurship, which occurs when entrepreneurs found, own, manage and control more than one business at a time, with ownership of the new venture being distinct from that of the existing business ventures. This study introduces the phenomenon of portfolio entrepreneurship in international new venturing through a longitudinal study of a cluster of small and medium enterprises (SMEs) in Tasmania, Australia, where 6 of 11 firms in the cluster were international new ventures (INVs). The pattern of international portfolio entrepreneurship pursued by the Tasmanian entrepreneurs and coupling between firms is described. Key findings include the ability of portfolio entrepreneurs to leverage high-discretion slack resources, positive legitimacy spillovers, and learning effects and experimentation across loosely coupled INVs in the portfolio. The findings also identify dysfunctional elements of portfolio entrepreneurship, and cast doubt over the conventional use of 'the firm' as the focal unit of analysis in INV studies. A particular contribution of this study is to remind us of the richness and pluralism inherent in international new venturing.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherElsevier
dc.publisher.placeUnited Kingdom
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom307
dc.relation.ispartofpageto321
dc.relation.ispartofissue3
dc.relation.ispartofjournalJournal of World Business
dc.relation.ispartofvolume42
dc.rights.retentionY
dc.subject.fieldofresearchInternational business
dc.subject.fieldofresearchMarketing
dc.subject.fieldofresearchcode350706
dc.subject.fieldofresearchcode3506
dc.titleHidden ties in international new venturing: The case of portfolio entrepreneurship
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.date.issued2007
gro.hasfulltextNo Full Text
gro.griffith.authorMcGaughey, Sara L.


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