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Market orientation on national and international new ventures
University of Southern Denmark, Denmark. (International Business & Entrepreneurship)
University of Southern Denmark, Denmark.
Autonomous University of Barcelona, Spain.
2012 (English)In: Presented at 15th Annual McGill International Entrepreneurship Conference, University of Pavia, Italy. September 21-23, 2012, 2012Conference paper, Abstract (Refereed)
Abstract [en]

Market orientation is often mentioned as a key factor for the success of domestic and international activities, but our knowledge about differences in degrees of market orientation remains limited for firms that have varying degrees of international activities. In particular, the literature is very sparse with regard to studies of newly established firms. Our study empirically explores this gap examining how different types of new ventures adopt two strategic components of market orientation – customer orientation and competitor orientation. Our empirical evidence is based on responses from CEOs of 249 Danish manufacturing firms that are categorized into four groups, depending on their degree of international operations within the first three years. We demonstrate that the most internationally oriented firms seem to be the most market oriented in general. They are significantly more competitor-oriented than domestically oriented firms, but the results regarding customer orientation are more mixed. Interestingly, we find indications that the strategic emphasis on customer orientation may be higher for firms with domestic operations than for those with limited international operations. We discuss implications for research and managers.

Place, publisher, year, edition, pages
2012.
Keyword [en]
Domestic and international new ventures, market orientation, customer orientation, competitor orientation, international entrepreneurship, manufacturing firms
National Category
Business Administration
Research subject
Economy, Business administration
Identifiers
URN: urn:nbn:se:lnu:diva-61773OAI: oai:DiVA.org:lnu-61773DiVA: diva2:1084804
Conference
15th Annual McGill International Entrepreneurship Conference, University of Pavia, Italy. September 21-23, 2012
Available from: 2017-03-27 Created: 2017-03-27 Last updated: 2017-04-10

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf