Session 100

Entrepreneurship in Emerging Markets

Track A

Date: Saturday, March 12, 2011


Time: 15:45 – 17:00


Room: Room 1-013

Session Chair:

  • Sharon Alvarez, University of Denver

Title: A Multi-Level Model of Entrepreneurial Orientation: Explaining Mexico’s ‘Unfilled’ Potential


  • Charlene Nicholls-Nixon, Ryerson University
  • José Antonio Dávila, IPADE

Abstract: Entrepreneurial orientation (EO) is a dimension of a firm’s strategic posture (Miller, 1983). It refers to the strategy-making processes that underlie an organizations approach to entrepreneurial decisions and actions (Rauch et. al, 2009). EO is measured along five dimensions: innovativeness, risk taking, proactiveness, autonomy and competitive aggression (Covin & Slevin, 1991). We draw upon institutional theory (Bruton et al., 2010; North, 1991; Scott, 2007) to develop a multi-level model that explains how institutional context shapes the individual, organizational and environmental factors that affect entrepreneurial orientation. Our model extends EO research by integrating different levels of analysis and offering a unifying perspective to explain why developing countries, such as Mexico, may fail to generate economic growth associated with entrepreneurial activity.

Title: Entrepreneurship Role on Dynamic Capabilities: A Longitudinal Study on Brazilian and Portuguese Firms


  • Alvaro Dias, Autonomous University of Lisbon
  • José Manuel Brás-dos-Santos, Autonomous University of Lisbon
  • Renato Pereira, Autonomous University of Lisbon

Abstract: Teece and colleagues (1997) established a new research agenda around dynamic capabilities. Since then, research has advanced considerably but major findings remain conceptual and without empirical validation in different cultures such as Brazilian or Portuguese, that have several points in common. This paper seeks to investigate the antecedents and consequences of dynamic capabilities, specifically the influence of entrepreneurship as an opportunity sensing base. We also intend to understand the effect on human resources (HR) capability to reach those opportunities, and finally knowledge management (KM) consequences on firm performance using samples from Portugal and Brazil. Our study is based on extended literature review and intends to build a conceptual model, establishing the link between entrepreneurship, HR, decision making flexibility, KM and performance.

Title: Survival of the Fittest: The Comparative Study of Emerging Market Firms


  • Roland Szabo, Corvinus University of Budapest
  • Lilla Hortovanyi, Corvinus University of Budapest
  • Ilona Papp, Széchenyi István University

Abstract: Entrepreneurial behaviors are necessary for firms of all size to prosper and flourish in competitive environments. In order to strengthen theorizing on entrepreneurial activity we have addressed the question what distinguish entrepreneurial firms from non-entrepreneurial ones in their survival of times of crises? Authors believe that present theoretical paper extends our understanding of corporate entrepreneurship with three important insights. First, it provides an extensive analysis of emerging market firms. Second, the comparison of two emerging markets – Peru and Hungary – opens up the measurement of strategy and entrepreneurship constructs. Third, the results indicate that administrative, non-entrepreneurial firms pursuing offensive growth strategy can be just as successful as entrepreneurial firms. Finally, findings have implication for practitioners and venture capitalists suggesting to direct financial support and surveillance toward investment into managerial knowledge besides investments into tangible assets.

Title: The National Entrepreneurship Infrastructure as Catalyst for Domestic Business Creation – A Three-Nation Comparative Study


  • David Major, Indiana University

Abstract: In an empirical study of developing nations in Latin America, Africa, and Southeast Asia, I investigate the factors that accelerate the development of domestic businesses. Factors in the institutional environment that contribute both to the recognition of entrepreneurial opportunities and the abundance of those opportunities together constitute a national entrepreneurial infrastructure. The conditions of this infrastructure relates to a nation’s relative success at encouraging new businesses. Similar research has shown that urban policies play some role in constructing supportive infrastructures for business creation. This study contributes to strategic entrepreneurship and international development literatures by examining the relationship between national policy factors and the rate of domestic business creation. Statistical and qualitative examination ultimately leads to policy prescriptions that leverage factors of the entrepreneurial infrastructure to encourage business creation.

All Sessions in Track A...

Fri: 11:30 – 12:45
Session 103: CSR and Environmental Issues in Emerging Markets
Session 111: Performance Issues
Session 114: Internationalization Strategies
Session 117: Learning in Emerging Markets
Session 120: The Characteristics and Effects of the BRIC Economies as Hubs for Regional Economic Development
Fri: 14:15 – 15:30
Session 102: Resources in Emerging Markets
Session 106: Multilatina FDI Strategies
Session 110: Global Competition
Session 112: CSR and Environmental Issues
Session 124: Research Methods for the Study of Competitive Advantage
Fri: 15:30 – 16:45
Session 101: Institutions in Emerging Markets
Session 104: Alliances and Networks
Session 105: Knowledge and Innovation
Session 108: Knowledge and Resources
Session 115: Developing Country Firms
Sat: 10:45 – 12:00
Session 107: Multilatina Performance
Session 113: CEOs and Other Human Resources
Session 123: Banks and their Influence
Session 125: Reviewing Latin America’s Strategic Role in Global Development
Session 126: Publishing and Not Perishing: Strategies for Publishing in Top Journals
Sat: 15:45 – 17:00
Session 100: Entrepreneurship in Emerging Markets
Session 109: Social Issues and Local Development
Session 116: Emerging Market Institutional Reform
Session 118: Management Innovation in Emerging Markets
Session 127: Teaching in Latin America

Strategic Management Society

Rio De Janeiro