Context in international business: Entrepreneurial internationalization from a distant small open economy |
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| Institution: | 1. School of Management & Marketing, Waikato Management School, University of Waikato, Private Bag 3105, Waikato Mail Centre, Hamilton 3240, New Zealand;2. Aalto University School of Business, P.O. Box 21210, FI-00076 Aalto, Finland;1. School of Management, University of Bradford, Bradford, United Kingdom;2. KFUPM Business School, King Fahd University of Petroleum and Minerals, Saudi Arabia;3. Leicester Business School, De Montfort University, Leicester, United Kingdom;4. Kent Business School, University of Kent, United Kingdom;5. Leeds University Business School, University of Leeds, Leeds, United Kingdom;6. Beacom School of Business, University of South Dakota, United States;1. Department of Business and Law, University of Siena, Italy;2. Department of Management, Nottingham Business School, Nottingham, UK;3. Faculty of Economics and Business, University of Zagreb, Croatia;4. School of Management, Politecnico di Milano, Italy;5. Department of Business and Law, University of Siena, Italy;1. International Business and Strategy, Northeastern University, 360 Huntington Avenue, Boston, Massachusetts 02115-5000, USA;2. Departament d’Economia de l’Empresa, Universitat de les Illes Balears, Cra. De Valldemossa km 7.5, Palma (Illes Balears), 07122, Spain;1. Department of Management, Macquarie Business School, Macquarie University, NSW, 2109, Australia;2. Management Leadership & Organisations, Middlesex Business School, Middlesex University, The Burroughs, Hendon, London, UK;3. Department of Management, Macquarie Business School, Macquarie University, NSW, 2109, Australia |
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| Abstract: | Context matters in International Business, but to what extent does it influence the content of knowledge? This study offers a systematic literature review on the internationalization of New Zealand firms. A geographically isolated small open economy (SMOPEC) with audacious trade aspirations, a strong domestic institutional environment, favorable attitude toward trade, and entrepreneurial small-to-medium size enterprises (SMEs), New Zealand provides an enlightening context to study internationalization. Using a sample of 95 studies, the review identifies antecedents, stimuli, capabilities, strategy, process and outcomes underpinning internationalizing New Zealand firms (INZFs). Context matters but not in the manner anticipated. On one hand research on the internationalization of New Zealand firms is largely congruent with extant knowledge, on the other the New Zealand context shapes uniquely, how and what scholars choose to research. |
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| Keywords: | Systematic review Entrepreneurial internationalization Incremental models Born globals International new ventures Exporting SMEs |
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