academic participated in the Academy of International Business conference last week at the University of Glasgow. He presented his paper entitled ‘The Dynamics & Process of Opportunity-based Internationalisation’ and participated in workshops on methodology and teaching.
Based on his case study research, Dr Schembri’s paper argues that firms identify international opportunities because their history equips them with an information corridor which allows them to join the dots. It suggests that the type of international opportunity they develop, and its associated business model is strongly determined by the early opportunities the firm exploits.
Early opportunities set the firm on a partly path-dependent trajectory of seeking to develop similar opportunities, even if always open to the discovery of new types of opportunities. Learning and feedback are the oil that keep the opportunity-development routines going, using practices of both retrospective and prospective learning especially following the initial phase of internationalisation when opportunity development becomes more ongoing and structured.
Academy of International Business conference is an annual conference of scholars involved in international business and economic development.
