When is too little not too late? Evidence from de-internationalizations of small high-technology firms

Romeo V. Turcan; Svetla Trifonova Marinova

When is too little not too late? Evidence from de-internationalizations of small high-technology firms

Romeo V. Turcan, Svetla Trifonova Marinova

Research output: Contribution to book/anthology/report/conference proceeding › Article in proceeding › Research › peer-review

Abstract

This paper introduces the concept of point of no return to explain various change options entrepreneurs might pursue when the attainment of firm international objectives and international growth strategy becomes uncertain. We distinguish between two types of points of no return: real and false. When in the area of the real point of no return, the appropriate strategy for small firms would be to cocoon. To successfully cocoon, a firm would require having a minimum safety net, referred to as a withstanding gestalt. Agility and escalation of commitment have emerged as the two major behavioural factors that discriminate between success and failure.

Original language	English
Title of host publication	Social Innovation for Competitiveness, Organizational Performance and Human Excellence
Publisher	University of Rotterdam, Erasmus Unviersity
Publication date	6 Jun 2012
Publication status	Published - 6 Jun 2012
Event	EURAM 12th Conference - Erasmus University, Rotterdam, Netherlands Duration: 6 Jun 2012 → 9 Jun 2012

Conference

Conference	EURAM 12th Conference
Location	Erasmus University
Country/Territory	Netherlands
City	Rotterdam
Period	06/06/2012 → 09/06/2012

Keywords

De-internationalisation
small high-technology firms
Critical incidents technique
Theory building
Point of no return

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http://euram2012.mindworks.ee/public/papers/paper/1522

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Cite this

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title = "When is too little not too late? Evidence from de-internationalizations of small high-technology firms",

abstract = "This paper introduces the concept of point of no return to explain various change options entrepreneurs might pursue when the attainment of firm international objectives and international growth strategy becomes uncertain. We distinguish between two types of points of no return: real and false. When in the area of the real point of no return, the appropriate strategy for small firms would be to cocoon. To successfully cocoon, a firm would require having a minimum safety net, referred to as a withstanding gestalt. Agility and escalation of commitment have emerged as the two major behavioural factors that discriminate between success and failure.",

keywords = "De-internationalisation, small high-technology firms, Critical incidents technique, Theory building, Point of no return",

author = "Turcan, {Romeo V.} and Marinova, {Svetla Trifonova}",

year = "2012",

month = jun,

day = "6",

language = "English",

booktitle = "Social Innovation for Competitiveness, Organizational Performance and Human Excellence",

publisher = "University of Rotterdam, Erasmus Unviersity",

note = "EURAM 12th Conference ; Conference date: 06-06-2012 Through 09-06-2012",

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Turcan, RV & Marinova, ST 2012, When is too little not too late? Evidence from de-internationalizations of small high-technology firms. in Social Innovation for Competitiveness, Organizational Performance and Human Excellence. University of Rotterdam, Erasmus Unviersity, EURAM 12th Conference, Rotterdam, Netherlands, 06/06/2012. <http://euram2012.mindworks.ee/public/papers/paper/1522>

When is too little not too late? Evidence from de-internationalizations of small high-technology firms. / Turcan, Romeo V.; Marinova, Svetla Trifonova.
Social Innovation for Competitiveness, Organizational Performance and Human Excellence. University of Rotterdam, Erasmus Unviersity, 2012.

Research output: Contribution to book/anthology/report/conference proceeding › Article in proceeding › Research › peer-review

TY - GEN

T1 - When is too little not too late? Evidence from de-internationalizations of small high-technology firms

AU - Turcan, Romeo V.

AU - Marinova, Svetla Trifonova

PY - 2012/6/6

Y1 - 2012/6/6

N2 - This paper introduces the concept of point of no return to explain various change options entrepreneurs might pursue when the attainment of firm international objectives and international growth strategy becomes uncertain. We distinguish between two types of points of no return: real and false. When in the area of the real point of no return, the appropriate strategy for small firms would be to cocoon. To successfully cocoon, a firm would require having a minimum safety net, referred to as a withstanding gestalt. Agility and escalation of commitment have emerged as the two major behavioural factors that discriminate between success and failure.

AB - This paper introduces the concept of point of no return to explain various change options entrepreneurs might pursue when the attainment of firm international objectives and international growth strategy becomes uncertain. We distinguish between two types of points of no return: real and false. When in the area of the real point of no return, the appropriate strategy for small firms would be to cocoon. To successfully cocoon, a firm would require having a minimum safety net, referred to as a withstanding gestalt. Agility and escalation of commitment have emerged as the two major behavioural factors that discriminate between success and failure.

KW - De-internationalisation

KW - small high-technology firms

KW - Critical incidents technique

KW - Theory building

KW - Point of no return

M3 - Article in proceeding

BT - Social Innovation for Competitiveness, Organizational Performance and Human Excellence

PB - University of Rotterdam, Erasmus Unviersity

T2 - EURAM 12th Conference

Y2 - 6 June 2012 through 9 June 2012

ER -

When is too little not too late? Evidence from de-internationalizations of small high-technology firms

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Keywords

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