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

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Abstrakt

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.
OriginalsprogEngelsk
TitelSocial Innovation for Competitiveness, Organizational Performance and Human Excellence
ForlagUniversity of Rotterdam, Erasmus Unviersity
Publikationsdato6 jun. 2012
StatusUdgivet - 6 jun. 2012
BegivenhedEURAM 12th Conference - Erasmus University, Rotterdam, Holland
Varighed: 6 jun. 20129 jun. 2012

Konference

KonferenceEURAM 12th Conference
LokationErasmus University
LandHolland
ByRotterdam
Periode06/06/201209/06/2012

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