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New Perspectives on Base of the Pyramid Strategies Vrije Universiteit Brussel

Nikolay Dentchev, Laura Michelini, Alain Verbeke, Jeremy K.Hall, Jenny Hillemann

The early literature on base of the pyramid (BOP) strategies argued that multinational enterprises can contribute significantly to poverty alleviation of the poorest population in the world. An emergent perspective suggests that the solution to poverty lies within the BOP itself. Here, entrepreneurship within the BOP population is seen as the more credible solution to poverty. In this Special Issue introduction, we briefly present how the ...

An integrative approach to international inbound sources of firm-level innovation Vrije Universiteit Brussel

Paloma Almodovar, Quyen T.k. Nguyen, Alain Verbeke
We analyze the impacts on host country innovation of three knowledge-containing, inbound flows: imports (including intermediate and capital goods), inward licensing and inward FDI (equity participation of foreign firms). We measure firm-level innovation as the number of new products introduced in the host market and new patents registered by the host-country firms. Our study is the first one to examine the simultaneous impacts of these three ...

A Few Implications of the COVID-19 Pandemic for International Business Strategy Research Vrije Universiteit Brussel

Alain Verbeke, Wenlong Yuan
Modern research in international business strategy (IBS) builds upon a limited number of foundational concepts. Four elements stand out as the canvas for many contemporary research studies (Verbeke, 2013). First, firm-specific advantages (FSAs) that allow compa-nies to overcome the additional costs of doing business abroad. Second, country-specific advantages (CSAs), with home-country factors operating as building blocks for devel-oping ...

CEO Transformational Leadership and Corporate Entrepreneurship in China Vrije Universiteit Brussel

Yaotian Pan, Alain Verbeke, Wenlong Yuan
A chief executive officer (CEO) acting as the firm’s transformational leader is
typically viewed as instrumental to corporate entrepreneurship in established firms, but how exactly does a higher level of corporate entrepreneurship come about, given a transformational CEO’s actions? We suggest that organizational ambidexterity can function as a core mediating mechanism between transformational CEOs and the observed level of corporate ...

The tyranny of the head office? Revisiting corporate headquarters’ (CHQs) role in MNE subsidiary initiatives Vrije Universiteit Brussel

Alain Verbeke, W. Yuan
What roles should corporate headquarters (CHQs) of multinational enterprises (MNEs) play in foreign subsidiary initiatives? Rather than viewing the MNE’s CHQ as a single, internally homogenous unit, we call for examining the diversity of individual decision-makers who can be driven by a variety of motivations and have different abilities. Motivations and abilities together determine whether or not corporate executives will choose to intervene in ...

A values-based analysis of bifurcation bias and its impact on family firm internationalization Vrije Universiteit Brussel

Alain Verbeke, Wenlong Yuan, Liena Kano

Recent analysis of family firm internationalization has shown that international performance can suffer when family owners or managers engage in an unwarranted, strict separation between two ‘generic categories’ of resources in their strategic decision-making. On the one hand, there are resources perceived as ‘being part of the family in the long run’, and therefore unique and worthy of nurturing. On the other hand, there are resources ...

Corporate Diplomacy and Family Firm Longevity Vrije Universiteit Brussel

L Ciravegna, Liena Kano, F Rattalino, Alain Verbeke

We discuss family firm longevity building upon a new conceptual lens, informed by transaction cost economics (TCE), but augmented with corporate diplomacy thinking. Family firms, because of their superior foundation of bonding social capital (interpreted here as a firm-specific, transaction cost-reducing governance mechanism), have an intrinsic advantage vis-à-vis nonfamily firms with regards to utilizing network ties supportive of longevity. ...

Research Methods in International Business. Vrije Universiteit Brussel

L. Eden, B.B. Nielsen, Alain Verbeke

International business (IB) research is designed to explore and explain the inherent complexity of international business, which arises from the multiplicity of entities, multiplexity of interactions, and dynamism of the global economic system. To analyze this complexity, IB scholars have developed four research lenses: difference, distance, diversity, and disparity. These four lenses on complexity have created not only unique research ...

Five configurations of opportunism in international market entry Vrije Universiteit Brussel

Alain Verbeke, L Ciravegna, L.E. Lopez, S.K. Kundu
We investigate the conditions under which opportunism occurs in international market entry. Examining 133 entries into new markets by 38 Chinese exporters, we uncover instances of opportunistic behaviour on the part of importers. We study five variables affecting such behaviour: managerial experience, market entry share, market distance, young age, and network size. While we find no single variable on its own associated with opportunism, we do ...