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Impacts of managerial capabilities on perceived international performance: mediating role of international opportunity-driven behavior

Impacts of managerial capabilities on perceived international performance: mediating role of... This study aims to examine the relationship between managerial capabilities, international opportunity-driven behavior and perceived international performance at an individual-level analysis.Design/methodology/approachA conceptual model is tested using data collected from 190 managers of international ventures from Colombia, an emerging economy in Latin America. Partial least squares structural equation modeling is used to analyze the data.FindingsThe findings reveal that international opportunity-driven behavior of individuals becomes a mediating managerial capability to achieve international performance under evolving and changing conditions. The results show three managerial capabilities are key drivers when pursuing international opportunities. Different from what the internationalization research claims, this study reveals that some hypotheses about the relationship between some managerial capabilities and perceived international performance are not confirmed in the context of an emerging economy.Research limitations/implicationsThe specific limitations of the study open avenues for future research. However, the authors propose five research avenues to improve the generalizability of the results.Practical implicationsThis study provides managers, entrepreneurs and policymakers suggestions. Thus, the authors offer a repertoire of managerial capabilities that emerging market entrepreneurs should develop to pursue opportunities across borders and achieve international performance.Social implicationsManagers should develop social capital capabilities by establishing networks with other relevant organizations and business partners, both in the domestic and international markets, to leverage enough knowledge that helps them to overcome the liability of newness and foreignness.Originality/valueThis study contributes to the knowledge by examining international opportunity-driven behavior at an individual-level analysis and bringing emerging economies as new contexts that may enrich the international business and international entrepreneurship literature. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png European Business Review Emerald Publishing

Impacts of managerial capabilities on perceived international performance: mediating role of international opportunity-driven behavior

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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
0955-534X
eISSN
0955-534X
DOI
10.1108/ebr-03-2021-0077
Publisher site
See Article on Publisher Site

Abstract

This study aims to examine the relationship between managerial capabilities, international opportunity-driven behavior and perceived international performance at an individual-level analysis.Design/methodology/approachA conceptual model is tested using data collected from 190 managers of international ventures from Colombia, an emerging economy in Latin America. Partial least squares structural equation modeling is used to analyze the data.FindingsThe findings reveal that international opportunity-driven behavior of individuals becomes a mediating managerial capability to achieve international performance under evolving and changing conditions. The results show three managerial capabilities are key drivers when pursuing international opportunities. Different from what the internationalization research claims, this study reveals that some hypotheses about the relationship between some managerial capabilities and perceived international performance are not confirmed in the context of an emerging economy.Research limitations/implicationsThe specific limitations of the study open avenues for future research. However, the authors propose five research avenues to improve the generalizability of the results.Practical implicationsThis study provides managers, entrepreneurs and policymakers suggestions. Thus, the authors offer a repertoire of managerial capabilities that emerging market entrepreneurs should develop to pursue opportunities across borders and achieve international performance.Social implicationsManagers should develop social capital capabilities by establishing networks with other relevant organizations and business partners, both in the domestic and international markets, to leverage enough knowledge that helps them to overcome the liability of newness and foreignness.Originality/valueThis study contributes to the knowledge by examining international opportunity-driven behavior at an individual-level analysis and bringing emerging economies as new contexts that may enrich the international business and international entrepreneurship literature.

Journal

European Business Review – Emerald Publishing

Published: Jan 2, 2023

Keywords: Emerging economy; International entrepreneurship; Entrepreneurial behavior; Dynamic managerial capabilities

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