Examining the formation of entrepreneurial resources in emerging market international new ventures

Abstract

While emerging market international new ventures (INVs) in high-technology sectors are gaining traction as entrepreneurial actors, the literature has remained silent as to the formation of key entrepreneurial resources that fuel INV performance. Thus, the issue of an entrepreneurial team and their core competences are a key issue to advance our understanding of emerging market INVs. The current article utilized resource-based view to bring forward human capital of entrepreneurial teams, international entrepreneurial culture (IEC), and entrepreneurial marketing (EM) as key entrepreneurial resources. The authors empirically examine a theoretical model using survey data from a sample of high-technology INVs from India. The results of the empirical examination reveal that human capital shapes IEC and EM, respectively. Also, EM fosters performance of emerging market INVs. This article provides useful implications for managers regarding the value of human capital in the entrepreneurial team, and their role in developing key entrepreneurial resources that spur superior performance.