Entrepreneurial orientation of UK international ventures in turbulent environments

Do, Hang and Blackburn, Robert (2017) Entrepreneurial orientation of UK international ventures in turbulent environments. In: RENT XXXI: Relevance in Entrepreneurship Research; 15-17 Nov 2017, Lund, Sweden.

Abstract

This paper presents an in-depth analysis into the entrepreneurial orientation of UK international ventures in turbulent environments and its impact on their performance. The findings suggest that entrepreneur’s motivations and intentions to internationalise influence their strategic decision making and responses during turbulent market environments. Elements of the RBV help to contribute to explain this behaviour. Additionally, a firm’s intentionality and planning to deal with uncertainty are found to vary by firm size and sector. This different behaviour reflects how a firm perceives and responds to the external environmental risks. Our findings enhance the understanding of how firms respond to turbulent environment in their internationalisation process and affect their strategies. In addition, policy makers will benefit from having further analysis about the determinants of international performance amongst SMEs, and the driving forces behind their strategic decision making. The analysis may also help to develop initiatives for SME internationalisation policy support, particularly in uncertain times.

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