TY - JOUR
T1 - Risks and critical success factors in the internationalization of born global startups of industry 4.0
T2 - A social, environmental, economic, and institutional analysis
AU - Oliva, Fábio Lotti
AU - Teberga, Pedro Marins Freire
AU - Testi, Lucas Israel Oliveira
AU - Kotabe, Masaaki
AU - Giudice, Manlio Del
AU - Kelle, Peter
AU - Cunha, Miguel Pina
N1 - Funding Information:
Lucas Israel: He holds a bachelor's degree in administration from the State University of Maringá (UEM) and a master's degree in administration at the Faculty of Economics, Administration and Accounting at the University of São Paulo (FEA - USP). Scholarship in Universal Project CNPq. Scholarship in Regular FAPESP Project.
Funding Information:
Asel-Tech, for example, participated in Gitex Future Stars 2020, with the support of a partnership between Apex-Brasil, the Ministry of Foreign Affairs, and the Ministry of Science, Technology, and Innovation, through the Innovation Diplomacy Program. Gitex Future Stars includes product exhibitions, lectures, seminars, and a startup competition ( Apex-Brasil, 2020 ).
Publisher Copyright:
© 2021 Elsevier Inc.
PY - 2022/2
Y1 - 2022/2
N2 - Startups in the Brazilian organizational scenario have been growing fast and understanding these startups' internationalization strategies have been highly relevant. Such startups have developed a social, environmental, and economic impact solution that had the support of government programs in its internationalization process, seeking to understand the impact of these programs. This article has sought the following: (1) identify the risks and critical success factors in the internationalization process of born global startups of industry 4.0, (2) analyze the social, environmental, and economic aspects. The authors have based the methodology on a single-case analysis, a global startup - Asel-Tech, a technology and automation company focused on developing and providing solutions for leak detection in oil pipelines and derivatives. Among the main results, we highlight: (1) the proposition of a model for risk and critical success factors analysis in the internationalization of born global startups of industry 4.0, (2) the analysis from the institutional view perspective on the strategy, on the social, environmental, and economic aspects of digital manufacturing. For professionals, the article provides a model to assist startups in future internationalization processes.
AB - Startups in the Brazilian organizational scenario have been growing fast and understanding these startups' internationalization strategies have been highly relevant. Such startups have developed a social, environmental, and economic impact solution that had the support of government programs in its internationalization process, seeking to understand the impact of these programs. This article has sought the following: (1) identify the risks and critical success factors in the internationalization process of born global startups of industry 4.0, (2) analyze the social, environmental, and economic aspects. The authors have based the methodology on a single-case analysis, a global startup - Asel-Tech, a technology and automation company focused on developing and providing solutions for leak detection in oil pipelines and derivatives. Among the main results, we highlight: (1) the proposition of a model for risk and critical success factors analysis in the internationalization of born global startups of industry 4.0, (2) the analysis from the institutional view perspective on the strategy, on the social, environmental, and economic aspects of digital manufacturing. For professionals, the article provides a model to assist startups in future internationalization processes.
KW - Born global startups
KW - Corporate risks
KW - Critical success factors
KW - Economic aspects of digital manufacturing
KW - Emerging countries
KW - Environmental
KW - Industry 4.0
KW - Institutional view of strategy
KW - Internationalization
KW - Social
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U2 - 10.1016/j.techfore.2021.121346
DO - 10.1016/j.techfore.2021.121346
M3 - Article
AN - SCOPUS:85120347740
SN - 0040-1625
VL - 175
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
M1 - 121346
ER -