This book gives students a new perspective on entrepreneurial venturing in an international context. By analyzing the dynamics in international companies, they will be armed with the skills they need to build successful strategies for entering new international markets.
Williams presents a framework built around four contexts for international venturing: headquarters-driven through internal capabilities; subsidiary-driven through peripheral capabilities; headquarters-driven through external capabilities; and subsidiary-driven though external capabilities. Through this, students gain insight into the conditions that enable venturing in different types of MNEs, the mechanisms by which MNEs pursue international opportunities, and the leadership and managerial challenges of developing entrepreneurial capabilities across borders. Following a definition and analysis of each context, the book synthesizes the outcomes in an integrative way, providing implications for strategic leaders in international firms as well as for researchers and students. These contexts are used to frame the literature and engage with eight topical cases, which are also published in full in the Appendix of the book.
With case studies from around the world that focus both on smaller and larger enterprises, Venturing in International Firms will give students of international entrepreneurship, corporate entrepreneurship and international business an edge when venturing internationally in the real world.
Table of Contents
2. Context I: Headquarters-Driven Venturing: Developing and Deploying Internal Capabilities
3. Context II: Subsidiary-Driven Venturing: Unleashing Peripheral Capabilities
4. Context III: Headquarters-Driven Venturing: Accessing Strategic External Capabilities
5. Context IV: Subsidiary-Driven Venturing: Embedding with External Capabilities
6. Strategic Integration across Contexts: Leading the MNE in International Venturing
8. Case Studies
Dr. Christopher Williams is Associate Professor in Management at Durham University Business School. He worked for nearly 20 years in international firms before entering academia. He is an active researcher and case writer and has published in a range of journals.