Journalartikel
Autorenliste: Bunz, Thorsten; Casulli, Lucrezia; Jones, Marian V.; Bausch, Andreas
Jahr der Veröffentlichung: 2017
Seiten: 225-238
Zeitschrift: International Business Review
Bandnummer: 26
Heftnummer: 2
ISSN: 0969-5931
eISSN: 1873-6149
Open Access Status: Green
DOI Link: https://doi.org/10.1016/j.ibusrev.2016.07.001
Verlag: Elsevier
Abstract:
In international new ventures (INVs), experiential learning happens in quick succession and across a wide number of diverse contexts. Yet, we lack an empirical understanding of the microprocesses through which INVs learn and adapt in their foreign expansion. Understanding those microprocesses is important because timely adaptation can save the venture time and resources, thus promoting sustainable growth. In this study, we investigate the dynamics of experiential learning and adaptation in the internationalisation process of an INV in the professional service sector. Findings from our study illustrate that the firm applies deliberate experiential learning by developing, revising, and finalising criteria for important dimensions in the international growth process, and adapts its internationalisation practices accordingly. We further show that deliberate experiential learning is predicated on an actively and closely monitored learning process, involving critical evaluation, adjustment of criteria, and acceptance of affordable mistakes, as opposed to learning by default. (C) 2016 Elsevier Ltd. All rights reserved.
Zitierstile
Harvard-Zitierstil: Bunz, T., Casulli, L., Jones, M. and Bausch, A. (2017) The dynamics of experiential learning: Microprocesses and adaptation in a professional service INV, International Business Review, 26(2), pp. 225-238. https://doi.org/10.1016/j.ibusrev.2016.07.001
APA-Zitierstil: Bunz, T., Casulli, L., Jones, M., & Bausch, A. (2017). The dynamics of experiential learning: Microprocesses and adaptation in a professional service INV. International Business Review. 26(2), 225-238. https://doi.org/10.1016/j.ibusrev.2016.07.001
Schlagwörter
BORN GLOBAL FIRM; BUSINESS SERVICES; CAPABILITIES; DYNAMIC CAPABILITIES; Experiential learning; Human capital; INTERNATIONAL ENTREPRENEURSHIP RESEARCH; Internationalization process; International new venture; KNOWLEDGE ACQUISITION; Professional service firm; VENTURES