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International Opportunities and Value Creation in International Entrepreneurship

  • Tuija Mainela
  • Vesa Puhakka
  • Ingrid Wakkee
Chapter

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.

Keywords

Foreign Market Entrepreneurial Opportunity International Entrepreneurship Arbitrage Opportunity Entrepreneurship Research 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© The Editor(s) (if applicable) and the Author(s) 2017

Authors and Affiliations

  • Tuija Mainela
    • 1
  • Vesa Puhakka
    • 1
  • Ingrid Wakkee
    • 2
  1. 1.Oulu Business SchoolUniversity of OuluOuluFinland
  2. 2.Faculty of Social SciencesVU UniversityAmsterdamThe Netherlands

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