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International Opportunities and Value Creation in International Entrepreneurship

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Value Creation in International Business

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Abstract

International entrepreneurship (IE) as a field of research has emerged at the intersection of internationalization and entrepreneurship theories. At this intersection it has come to emphasize the activities centered on international opportunities. International opportunities, then, are about value creation and competitive imperfections in international exchange. However, the activities of value creation in relation to international opportunity actualization have received limited attention. With a view that international opportunities take many forms and are generated in various of entrepreneurial processes, we develop theory-driven conceptualizations of international opportunities for future empirical probing. Building on knowledge of entrepreneurial opportunities in entrepreneurship research and prior research on international opportunities this study proposes four conceptualizations of value-creating international opportunities differentiating venture and market type of opportunities and opportunities of objective and subjective nature. The chapter concludes by discussing the implications of the different conceptualizations of international opportunities as different modes of value creation.

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Authors and Affiliations

  1. Oulu Business School, University of Oulu, Oulu, Finland

    Tuija Mainela & Vesa Puhakka

  2. Faculty of Social Sciences, VU University, Amsterdam, The Netherlands

    Ingrid Wakkee

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  1. Tuija Mainela
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  2. Vesa Puhakka
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Editors and Affiliations

  1. Department of Business and Management, Aalborg University, Aalborg, Denmark

    Svetla Marinova

  2. Department of Marketing, University of Vaasa, Vaasa, Finland

    Jorma Larimo

  3. Turku School of Economics, University of Turku, Turku, Finland

    Niina Nummela

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Mainela, T., Puhakka, V., Wakkee, I. (2017). International Opportunities and Value Creation in International Entrepreneurship. In: Marinova, S., Larimo, J., Nummela, N. (eds) Value Creation in International Business. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-39369-8_3

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