TY - JOUR
T1 - Does triple helix collaboration matter for the early internationalisation of technology-based firms in emerging Economies?
AU - Baier-Fuentes, Hugo
AU - Guerrero, Maribel
AU - Amorós, José Ernesto
N1 - Funding Information:
Case 1: NTBF Alpha and government collaboration allowed multiple funds to develop entrepreneurial innovations (i.e., FONLIN and INVITE programmes). NTBF Alpha also participated in the CONACYT-NAFIN programme that supported technology-based firms. Moreover, NTBF Alpha acquired funds from Silicon Valley's TechBA programme sponsored by the Mexican Ministry of Economy. The Silicon Valley's TechBA programme supported the expansion and commercialisation of NTBF Alpha's technologies into the United States market, as well as facilitated the access to a global network of specialists/investors that were members of the Advisory Board. As a result, this NTBF improved its business model and gained expertise in multiple dimensions (business, financial, technological, international). The collaboration was associated with the early internationalisation of NTBF Alpha.
Funding Information:
Case 4: NTBF Delta Group's collaborative relationship with the Mexican government was through public subsidies obtained from CONACYT. These subsidies allowed the creation of the DARIUS Project. Like previous cases, NTBF Delta Group also participated in the TechBA programme. This participation allowed the exportation of products and services to the Canadian, Spanish and other European markets. Also, the NTBF Delta Group received funds from the NAFIN to complete the implementation of one of its firms as the Centre for Advanced Design, Animation and Special Effects. Finally, the early internationalisation of NTBF Delta Group was supported by ProMéxico
Funding Information:
Hugo Baier-Fuentes acknowledges the support of the UCSC Research Department, through the Academic Activities Fund, F.A.A 02/2017.
PY - 2021/2/1
Y1 - 2021/2/1
N2 - Firms' early internationalisation (EI) is a complex process derived from uncertain market conditions, entrepreneurial vision, and strategic entry decisions. Academic debates still require deepening and broadening the discussion on early internationalisation of new technology-based firms (NTBFs). This study proposes a framework to analyse how NTBFs are adopting collaborative networks with the triple helix actors (government, university, and industry) to implement an EI strategy in emerging economies. Our findings show that the lack of specialised knowledge and resources stimulates collaboration with multiple triple helix agents to ensure the early entry strategy into international markets. We state the relevant implications and propositions concerning the internationalisation of NTBFs and the relationship with triple helix stakeholders.
AB - Firms' early internationalisation (EI) is a complex process derived from uncertain market conditions, entrepreneurial vision, and strategic entry decisions. Academic debates still require deepening and broadening the discussion on early internationalisation of new technology-based firms (NTBFs). This study proposes a framework to analyse how NTBFs are adopting collaborative networks with the triple helix actors (government, university, and industry) to implement an EI strategy in emerging economies. Our findings show that the lack of specialised knowledge and resources stimulates collaboration with multiple triple helix agents to ensure the early entry strategy into international markets. We state the relevant implications and propositions concerning the internationalisation of NTBFs and the relationship with triple helix stakeholders.
KW - NTBFs
KW - international entrepreneurship
KW - triple helix
KW - early internationalisation
KW - emerging economies
UR - http://www.scopus.com/inward/record.url?scp=85096006935&partnerID=8YFLogxK
U2 - 10.1016/j.techfore.2020.120439
DO - 10.1016/j.techfore.2020.120439
M3 - Article
SN - 0040-1625
VL - 163
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
M1 - 120439
ER -