Drawing on 180 survey responses from young, New Zealand-based ventures, we investigate effects of the number of perceived serious competitors on venture growth. We find empirical evidence for an inverse U-shaped relationship between competitive density and young venture growth. We further find...

New Zealand (NZ) was the first developed country to sign a free trade agreement with China. Afterwards, the NZ government crafted a narrative to encourage businesses to pursue opportunities there and in emerging Asia more generally to enact the enabling institutional change. Our study shows...

The methods Western SMEs can use to activate assets of foreignness in compressed developing markets are not well understood. To fill this gap, this study identifies three main mechanisms for such activation: conforming to home-country institutions, creating distancing narratives and accentuating...

This qualitative, longitudinal study of 12 innovative young New Zealand ventures investigates how individual entrepreneurs develop their venture opportunity amidst emerging rivalry. Two phases are identified: the pursuit of the initial opportunity, and developing it under rivalry. Adopting a...