Chapter 2: Entrepreneurial Marketing as a Key Driver of Early and Sustained Internationalisation

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Abstract
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Reaching customers globally and building a global brand and market presence is a demanding task for any firm. For early and rapidly internationalising small firms this is exceptionally challenging due to the restraints that ensue from the liabilities of smallness, newness and foreignness and the speed of their internationalisation. We argue that entrepreneurial marketing is a driver of entrepreneurial internationalisation and one of the – neglected – explanations for superior international performance. The authors conceptualise entrepreneurial marketing along four core (marketing) abilities which fit particularly well the international new firm and show how these positively impact on early and accelerated internationalisation and alter the risk profile of the venture in general.

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  • 10.1080/10528008.1997.11488607
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  • 10.1007/978-3-319-10873-5_183
Entrepreneurial Marketing in Small Firms: A Comparative Study of Small Software Technology Firms in Central Finland, Wales, UK and Silicon Valley, US
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  • Rosalind Jones + 1 more

This paper reports on present research of Entrepreneurial Marketing (EM) in small software technology firms (SSTFs) in order to investigate and compare the effects of ecosystems in three different countries and, the effect this has on a firm’s EM orientation and, on business growth. Firms today operate in a business environment characterized by increased risk and decreased ability to forecast while markets are uncertain, are fragmenting and becoming frictionless. Hence, firms interact as competitors, customers, and collaborators in a global, knowledge economy. Such changes have had an effect on marketing (Schindehutte, Morris and Pitt 2008) and reflect the type of marketing practiced in small firms, being informal, unplanned and non linear (Fillis 2002). That said, it is still possible to identify EM practices which may lead SSTFs to have sustainable business growth strategies. Indeed, there is growing interest in research at the interface between marketing and entrepreneurship (Bjerke and Hultman 2002; Hills, Hultman and Miles 2008) together with the importance of SME marketing, EM and Market Orientation (MO) for firm growth which is well documented in the SME literature (Carson et al. 1995). MO researchers recognise that firms who adopt other strategic orientations combined with MO are likely to perform better than firms adopting only a market orientation (Grinstein 2008). It is also suggested that marketing has much to offer the study of entrepreneurship as empirical evidence suggests that there is a significant correlation between a firm’s marketing and entrepreneurial orientations, both being responsible for business success. Currently, there have been few comparative qualitative studies which consider EM practices inherent in different business ecosystems. This paper addresses this issue by using the ‘EMICO’ framework developed in the earlier UK study (Jones and Rowley, 2009) which contains fifteen identified dimensions of EM and will enable exploration as to how EM is practiced in SSTFs, in different contexts. This will enable assessment of how and why such EM oriented behaviors may lead to sustainable growth in challenging markets.

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Over the past five decades, entrepreneurial marketing research has grown substantially; however, the field remains theoretically fragmented and contextually dispersed. Addressing this gap, the present study conducts a comprehensive bibliometric analysis of 380 publications (1976–2024) to systematically map the intellectual structure and contemporary research streams of entrepreneurial marketing. Citation analysis reveals four core intellectual foundations: (1) conceptual foundations of entrepreneurial marketing, (2) its evolution and contingent applications within larger firms, (3) the entrepreneurial–market orientation nexus, and (4) key theoretical underpinnings. Complementarily, bibliographic coupling identifies eight dominant contemporary discourses, encompassing entrepreneurial marketing dynamics and capabilities, contextual applications and insights, frontier developments, strategic advancements, international and global entrepreneurial marketing, innovation-driven frameworks, and industry-specific dynamics. Collectively, the findings position entrepreneurial marketing as a multidimensional, adaptive, and context-sensitive construct, underpinned by opportunity recognition, resource orchestration, value creation, and dynamic capabilities. An integrative research framework is developed to visualize the field’s developmental trajectory, bridging its intellectual roots with current debates and delineating critical conceptual and contextual gaps that open promising avenues for future research.

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  • 10.1108/03090561211202602
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Export Marketing Strategy and Performance among Micro and Small Brazilian Enterprises
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  • Reynaldo Dannecker Cunha + 1 more

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An industry that is successful in its business is an industry that is able to create the right strategy formulation, because the right strategy can determine the success of Small and Medium Enterprises can compete in the global market. The purpose of this study is to determine the effect of innovation on entrepreneurial marketing, creativity on entrepreneurial marketing and the influence of entrepreneurial marketing on marketing performance. The population in this study were the Small and Medium Enterprises actors whose sales systems were carried out using the Entrepreneurial Marketing system. In this study the number of indicators used was 21 x 10. So, the number of samples determined was 210 respondents. The sample determination technique used in this study is based on purposive sampling technique, namely sampling based on criteria. The criteria for selecting a sample are the actors of Small and Medium Enterprises who apply the concept of Entrepreneurial Marketing in their business. The next step is accidental sampling, which is the sampling technique that is carried out on Small and Medium Enterprises actors that are easy to find. Data analysis method used is Structural Equation Model (SEM) from the PLS statistical package. Results of Innovation Research have a positive and significant effect on Entreprenuerial Marketing in Small and Medium Enterprises in Denpasar City. Creativity has a positive and significant effect on Entreprenuerial Marketing in Small and Medium Enterprises in Denpasar City. Entreprenuerial Marketing has a positive and significant effect on curious performance.

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It has been established in marketing and entrepreneurship literature that both market orientation (MO) and entrepreneurial orientation (EO) have positive and significant effects on firm performance (Covin & Slevin, 1991; Kirca et al., 2005; Narver & Slater, 1990; Rauch et al., 2009). Similar claims have been made for entrepreneurial marketing (EM) (e.g., Alqahtani & Uslay, 2020; Hills et al., 2008; Whalen et al., 2016), however despite the increasing volume of work, an understanding of EM’s efficacy in improving firm performance in comparison to MO and EO has been lacking. Therefore, examining the effects of EM, MO, and EO on firm performance under different environmental and organizational settings makes significant contributions to research on marketing and entrepreneurship interface. This research investigates the relative efficacy of entrepreneurial marketing (EM), market orientation (MO), and entrepreneurial orientation (EO) on firm performance under different conditions by investigating the moderation effects of an extensive set of environmental (i.e., market turbulence, competitive intensity, supplier power, and market growth) and organizational factors (i.e., network structure and firm size). Employing structural equation modeling to analyze cross-sectional data from sectors representative of the U.S. economy, the empirical findings suggest that EM is superior to MO and EO in improving firm performance under the following conditions: high market turbulence, high competitive intensity, and high supplier power. Moreover, EM is the best alternative for medium-size firms with low network strength (more weak ties). However, MO is superior to both EM and EO under the conditions of low market turbulence and low supplier power. It works best for large firms with high network diversity and high network strength. Finally, EO is superior to EM and MO when competitive intensity is low, and both in high and low growth markets. It is the most viable option for small firms with small and large network size, but low network diversity.

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  • Research Article
  • Cite Count Icon 24
  • 10.15276/mdt.1.1.2017.2
Маркетинг у соціальних мережах: стратегії та інструменти на ринку В2С
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Маркетинг у соціальних мережах: стратегії та інструменти на ринку В2С

  • Research Article
  • Cite Count Icon 6
  • 10.1177/0266242604041800
Book Reviews
  • Feb 1, 2004
  • International Small Business Journal: Researching Entrepreneurship
  • Eleanor Shaw

In writing Entrepreneurial Marketing: The Growth of Small Firms in the New Economic Era, Bjerke and Hultman address an emerging area within the marketing discipline which has received significant research attention both within the USA and Europe. Their book provides a comprehensive overview of the interface between marketing and entrepreneurship and discusses the impact that an entrepreneurial approach to marketing can have on the growth of small firms. Presented across 10 chapters, this book builds upon research at the marketing/entrepreneurship interface to provide a comprehensive understanding of the authors' understanding of what 'entrepreneurial marketing' is and what is required within the organization to acquire and support an entrepreneurial marketing approach.

  • Research Article
  • Cite Count Icon 19
  • 10.1080/08911762.2017.1316532
Gender Entrepreneurship and Global Marketing
  • May 8, 2017
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