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

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    adomako_et_al_2019.pdf (640.6Kb)
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    Publication date
    2019-12
    Author
    Adomako, Samuel
    Amankwah-Amoah, J.
    Dankwah, G.O.
    Danso, A.
    Donbesuur, F.
    Keyword
    Learning effort
    Institutional voids
    Home market environment
    New venture internationalisation
    Africa
    Rights
    © 2019 Elsevier. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
    Peer-Reviewed
    Yes
    
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    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.
    URI
    http://hdl.handle.net/10454/16984
    Version
    Accepted manuscript
    Citation
    Adomako S, Amankwah-Amoah J, Danquah GO et al (2019) Institutional voids, international learning effort and internationalization of emerging market new ventures. Journal of International Management. 25(4): 100666.
    Link to publisher’s version
    https://doi.org/10.1016/j.intman.2019.04.001
    Type
    Article
    Collections
    Management and Law Publications

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