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Every cloud has a silver lining: The role of business digitalization and early internationalization strategies to overcome cloudy times

2024-03Journal article Restricted access
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datacite.subject.fosCiências Sociais
datacite.subject.sdg08:Trabalho Digno e Crescimento Económico
datacite.subject.sdg12:Produção e Consumo Sustentáveis
dc.contributor.authorCrespo, Cátia Fernandes
dc.contributor.authorSilva, Graça Miranda
dc.date.accessioned2025-12-04T10:17:53Z
dc.date.available2025-12-04T10:17:53Z
dc.date.issued2024-03
dc.descriptionArticle number - 123084
dc.description.abstractIn this research we explore, building on dynamic capabilities, the influence that certain strategies followed by international new ventures (INVs) have on their responses to the COVID-19 crisis. Specifically, we access the effect of business digitalization, early internationalization and internet international strategy on two possible responses to the crisis. Through the data gathered by a survey of 153 INVs, we were able to test the hypothesized framework using partial least squares structural equation modeling (PLS-SEM) technique. We find that all the hypothesized relationships were confirmed. Therefore, business digitalization strategy, early internationalization strategy and internet international strategy have a positive effect of both responses to the crisis: production recovery (short-term response) and digital transformation (long-term response). This study provides two insightful contributes to the international entrepreneurship field: i) these three strategies (business digitalization, early internationalization and internet international focus) incorporate dynamic capabilities that give INVs ad- vantages in reacting to a crisis; and ii) faced with a crisis situation, INVs simultaneously implement short-term and long-term responses.eng
dc.description.sponsorshipFunding text This work was supported by National Funds of the FCT – Portuguese Foundation for Science and Technology within the projects UIDB/SOC/04521/2020 and UIDB/ 04928/2020.
dc.identifier.citationCrespo, N. F., Crespo, C. F., & Silva, G. M. (2024). Every cloud has a silver lining: The role of business digitalization and early internationalization strategies to overcome cloudy times. Technological Forecasting and Social Change, 200, 123084.
dc.identifier.doi10.1016/j.techfore.2023.123084
dc.identifier.issn0040-1625
dc.identifier.urihttp://hdl.handle.net/10400.8/14840
dc.language.isoeng
dc.peerreviewedyes
dc.publisherElsevier
dc.relationCentre of Applied Research in Management and Economics
dc.relation.hasversionhttps://www.sciencedirect.com/science/article/abs/pii/S0040162523007692
dc.relation.ispartofTechnological Forecasting and Social Change
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectBusiness digitalization strategy
dc.subjectEarly internationalization strategy
dc.subjectInternet international strategy
dc.subjectCrisis responses
dc.subjectCOVID-19 crisis
dc.subjectInternational new ventures
dc.titleEvery cloud has a silver lining: The role of business digitalization and early internationalization strategies to overcome cloudy timeseng
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleCentre of Applied Research in Management and Economics
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04928%2F2020/PT
oaire.citation.titleTechnological Forecasting and Social Change
oaire.citation.volume200
oaire.fundingStream6817 - DCRRNI ID
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameCrespo
person.givenNameCátia Fernandes
person.identifier.ciencia-id0615-6420-EC94
person.identifier.orcid0000-0003-2886-7370
person.identifier.scopus-author-id56072058400
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
relation.isAuthorOfPublication99788e3e-3e04-4f90-a511-7ee6c6f2dd78
relation.isAuthorOfPublication.latestForDiscovery99788e3e-3e04-4f90-a511-7ee6c6f2dd78
relation.isProjectOfPublication4c5aa29d-4b03-4713-8f40-08b3bbfd88d7
relation.isProjectOfPublication.latestForDiscovery4c5aa29d-4b03-4713-8f40-08b3bbfd88d7

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