The birth of capabilities: market entry and the importance of pre-history
Abstract
We analyze the birth of capabilities and resources within organizations and within industries, and their historical antecedents, at the time of market entry. We find a consistent theme: the greater the similarity between pre‐entry firm resources and the required resources in an industry, the greater the likelihood that a firm will enter that particular industry, and the greater the likelihood that the firm will survive and prosper. In addition, resource gaps affect the likelihood, speed and mode of entry.
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Firm-level capabilities act simultaneously both as a constraint on and as an enabler of what firms can do with respect to foreign market entry.
“Thus firm-level capabilities act simultaneously both as a constraint on and as an enabler of what firms can do with respect to foreign market entry.”
From A dynamic capabilities-based entrepreneurial theory of the multinational enterprise (2014) · cites this paper as Helfat & Lieberman, 2002
Cites
Strategic assets and organizational rent
Amit, R., & Schoemaker, P. J. H. (1993) · Strategic Management Journal · doi:10.1002/smj.4250140105 · Cited by 8,425 · see citing works
A transaction costs theory of equity joint ventures
Hennart, J. (1988) · Strategic Management Journal · doi:10.1002/smj.4250090406 · Cited by 1,843 · see citing works
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Towards a theory of ecosystems
Jacobides, M. G., Cennamo, C., & Gawer, A. (2018) · Strategic Management Journal · doi:10.1002/smj.2904 · Cited by 3,724 · see citing works
A dynamic capabilities-based entrepreneurial theory of the multinational enterprise
Teece, D. J. (2014) · Journal of International Business Studies · doi:10.1057/jibs.2013.54 · Cited by 1,300 · see citing works
Capron, L., & Mitchell, W. (2009) · Organization Science · doi:10.1287/orsc.1070.0328 · Cited by 430 · see citing works
Cattani, G. (2006) · Industrial and Corporate Change · doi:10.1093/icc/dtj016 · Cited by 251 · see citing works
- Authors
- Helfat, C. E.
- Affiliations
- Dartmouth College (US)
- Corresponding author
- Helfat, C. E.
- ORCID
- Helfat, C. E.
- Venue
- Industrial and Corporate Change
- Publisher
- Oxford University Press (OUP)
- Published
- 2002-08-01
- Volume
- 11
- Issue
- 4
- Pages
- 725-760
- ISSN
- 0960-6491 (ISSN-L)
- 1464-3650
- OpenAlex
- W2038521799
- Cited by
- 1,087
- References
- 2
- Citations by year
- 2026: 23 · 2025: 38 · 2024: 34 · 2023: 36 · 2022: 39 · 2021: 43 · 2020: 61 · 2019: 47 · 2018: 51 · 2017: 52 · 2016: 70 · 2015: 58 · 2014: 66 · 2013: 79 · 2012: 66
- FWCI
- 52.94
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Industrial and Corporate Change (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
- Keywords
- market entry, capabilities, firm resources, resource similarity, resource gaps, industry entry, business survival, market entry modes, entry timing, historical antecedents
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