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Outward foreign investment by transnational entrepreneurs: Insights from emerging economies
Thunderbird International Business Review Pub Date : 2023-05-07 , DOI: 10.1002/tie.22346
Thomas G. Pittz 1
Affiliation  

This research considers how transnational entrepreneurs in emerging economies identify and develop opportunities for investment into international ventures. Specifically, this study seeks to identify common drivers for outward investment by transnational entrepreneurs from their country of origin (Brazil and India) to their adopted country (the US). Findings indicate three common drivers of this type of internationalization: formal education, effectual logic, and the leveraging of perceived market differences. Furthermore, the data show that entrepreneurs prefer a gradual process of investment rather than a large-scale initial investment during the exploitation of international opportunities in the adopted country. The results of this study have important practical implications and are valuable additions to the scholarly understanding of the growing field of transnational entrepreneurship.

中文翻译:

跨国企业家的对外投资:来自新兴经济体的见解

本研究探讨新兴经济体的跨国企业家如何识别和开发国际企业投资机会。具体来说,本研究旨在找出跨国企业家从原籍国(巴西和印度)到移居国(美国)进行对外投资的共同驱动因素。调查结果表明了此类国际化的三个常见驱动因素:正规教育、效果逻辑以及利用感知到的市场差异。此外,数据显示,在利用所在国的国际机会时,企业家更喜欢渐进的投资过程,而不是大规模的初始投资。这项研究的结果具有重要的实际意义,并且对学术界对不断发展的跨国创业领域的理解有重要的补充。
更新日期:2023-05-07
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