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Institutional voids, international learning effort and internationalization of emerging market new ventures

Adomako, Samuel, Amankwah-Amoah, Joseph, Dankwah, George Obeng, Danso, Albert, Donbesuur, Francis (2019) Institutional voids, international learning effort and internationalization of emerging market new ventures. Journal of International Management, . ISSN 1075-4253. (doi:10.1016/j.intman.2019.04.001) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided)

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https://doi.org/10.1016/j.intman.2019.04.001

Abstract

Much of the existing scholarly works portray institutional voids (IVs) in emerging economies as impeding forces against the development of new ventures. However, little attention has been paid to how such voids generate positive outcomes in emerging market new ventures. Drawing on the institutional theory, we propose IVs as crucial enablers of new venture internationalization. In addition, we investigate both how and when IVs enhance the degree to which new ventures internationalize by examining international learning effort (ILE) as a mediator and two domestic market environmental factors (i.e., environmental dynamism and competitive intensity) as important contingencies. We test our moderated mediation model using primary data gathered from 211 new ventures from Ghana. We found that ILE mediates the relationship between IVs and new venture internationalization and that both environmental dynamism and competitive intensity moderate the indirect relationship between home-country IVs and new venture internationalization. We discuss the theoretical and practical implications of this study.

Item Type: Article
DOI/Identification number: 10.1016/j.intman.2019.04.001
Uncontrolled keywords: Learning effort; institutional voids; home market environment; new venture internationalization; Africa
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > Kent Business School > International Business and Strategy
Depositing User: Joseph Amankwah-Amoah
Date Deposited: 22 Apr 2019 17:58 UTC
Last Modified: 08 Jul 2019 09:00 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/73571 (The current URI for this page, for reference purposes)
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