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customers worldwide, and registration on the platform is required for both sellers
and buyers before transactions take place. The platform can be accessible for
individuals anywhere in the world only if there is an Internet connection. Geo-
graphical distance is no longer a big deal.
In DHgate, for example, the platform owner provides the Web page with a
number of language versions. Chinese suppliers are allowed to display their
products online on aChinese-languageWebpage,while foreign buyers could visit
theWeb site and choose what they expect to order on an English-languageWeb
page. Furthermore, instead of requiring adequate knowledge about Chinese sup-
pliers, foreign businessmen are able to make their decisions by browsing the
reviews and the ratings fromother buyers.Online payment systemendorsedby the
platform could also go against the potential opportunistic behaviors, which make
the exchange process smooth.
These functions facilitate foreign companies with very limited experiential
knowledge aboutChina’s institutions andmarkets to touch the profit opportunities
in this market. It illustrates that, with little experiential knowledge, international
opportunity creation and capture is also likelywhenDTs are properly applied.
5 Discussion andConclusion
5.1 Contribution
By examining how international opportunities are created and captured in a digi-
tallyenabledworld, thecurrent studywouldhavesome implications forboth theory
and practice. In terms of theory, we provide some nuances to understand the
intersection of digitalization and international opportunity pursuit by identifying
what roles DTs play in firm internationalization. Drawing on insights from the
research in entrepreneurship, IB, and digitalization, we develop a conceptual
framework and classify the role of DTs into two distinctive perspectives, namely
DTs as ‘driving force’ and DTs as ‘disrupting force.’Whereas DTs as ‘driving
force’ can be interpreted as a catalyst for acquisition ofmarket-specific knowledge
and general knowledge, DTs as ‘disrupting force’maintain these emerging tech-
nologies alter the relative significance of experiential knowledge to international
opportunity creation and capture by both lowering the importance for some and
putting forward new requirements for thefirm.While digitalization and its impact
on international opportunity pursuit has been a hot topic (Eduardsen and Ivang
2016), the current studywould guide the research in this streamby structuring the
role of DTs.
In termsofpractical implications, our analysis alongwith the introductionof the
conceptual model might offer some insights for practitioners regarding howDTs
have transformed the way that cross-border opportunities are pursued. Primarily,
practitioners can learn from this study about the way the accumulation of knowl-
edge conducive for successful opportunity pursuit is facilitated in a digitally
Pursuing International Opportunities in a Digitally EnabledWorld 275
Digital Entrepreneurship
Impact on Business and Society
- Titel
- Digital Entrepreneurship
- Untertitel
- Impact on Business and Society
- Autoren
- Mariusz Soltanifar
- Mathew Hughes
- Lutz Göcke
- Verlag
- Springer Verlag
- Ort
- Cham
- Datum
- 2021
- Sprache
- englisch
- Lizenz
- CC BY 4.0
- ISBN
- 978-3-030-53914-6
- Abmessungen
- 16.0 x 24.0 cm
- Seiten
- 340
- Schlagwörter
- Entrepreneurship, IT in Business, Innovation/Technology Management, Business and Management, Open Access, Digital transformation and entrepreneurship, ICT based business models
- Kategorie
- International