Creative Tension: The Significance of Ben Oviatt’s and Patricia McDougall’s Article ‘Toward a Theory of International New Ventures’
The article by Oviatt and McDougall threw the spotlight on international entrepreneurs, on international new ventures, and on their importance in the globalising world economy. Recognising the rich theoretical implications of this phenomenon, they mounted a challenge to received internationalisation process theories and established a new and exciting research theme, that of international entrepreneurship. This article reviews the impact of their contribution and discusses new research themes raised by their challenge to the process theories of internationalisation.
KeywordsNew venture internationalization Born globals Internationalization process
I acknowledge the support by the National Technology Agency Tekes, of Finland, under the ‘Liike’ research programme.
- Arenius, P. (2002). Creation of firm-level social capital, its exploitation, and the process of early internationalisation. PhD thesis, Helsinki University of Technology, Espoo, Finland.Google Scholar
- Cyert, R. A., & March, J. G. (1964). The behavioral theory of the firm: A behavioral science–economics amalgam (pp. 289–304). New York: New Perspectives in Organization Research, John Wiley & Sons.Google Scholar
- Kuhn, T. S. (1962). The structure of scientific revolutions. Chicago: University of Chicago Press.Google Scholar
- Oviatt, B., & McDougall, P. (1995). Global start-ups: Entrepreneurs on a worldwide stage. Academy of Management Executive, 9(2), 30–44.Google Scholar
- Oviatt, B. M., & McDougall, P. P. (1997). Challenges for internationalization process theory: The case of international new ventures. Management International Review, 37, 85–99.Google Scholar
- Penrose, E. (1959). The theory of the growth of the firm. New York: John Wiley.Google Scholar
- Popper, K. (n.d.). The logic of scientific discovery. New York: Basic Books.Google Scholar
- Stinchcombe, A. L. (1965). Social structure and organizations. In J. G. March (Ed.), Handbook of organizations (pp. 142–193). Chicago: Rand McNally.Google Scholar