Sudip K. Tiwari and Tor Korneliussen
Relying on the theoretical lens of a knowledge-based view, the purpose of this study is to explore the sources and roles of experiential knowledge in the rapid…
Abstract
Purpose
Relying on the theoretical lens of a knowledge-based view, the purpose of this study is to explore the sources and roles of experiential knowledge in the rapid internationalisation of an emerging market-based micro export firms (EMMFs).
Design/methodology/approach
This is an inductive theory building study, which attempts to understand the “how” and “why” questions. In so doing, the study used nine micro export firms operating in the handicrafts sector of Nepal.
Findings
The findings suggest that internationalisation of resource-poor EMMFs relies on the entrepreneurs’ experiential knowledge, which is mainly acquired through prior experience, social networks and participation in international trade-fairs.
Research limitations/implications
This study contributes by formulating a number of propositions on the sources and roles of experiential knowledge, which could be tested in pursuit of theory building on micro firms’ internationalisation based in emerging markets.
Originality/value
The paper advances an understanding on the patterns of firms’ internationalisation, and discusses EMMFs’ possibilities to emerge as a faster internationalising firm, so-called “born globals”.
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Keywords
Sudip K. Tiwari and Tor Korneliussen
This research explores the role of entrepreneurs' dynamic capabilities in small artisanal firms' entrepreneurial internationalisation.
Abstract
Purpose
This research explores the role of entrepreneurs' dynamic capabilities in small artisanal firms' entrepreneurial internationalisation.
Design/methodology/approach
The paper applies an inductive, exploratory multiple case study approach to the empirical context of the Nepalese artisanal sector. Primary data were collected through interviews and observations and triangulated by secondary data, such as firms' websites and social media profiles.
Findings
The findings suggest that entrepreneurs' network utilisation, network-building and marketing capabilities are crucial to enabling small artisanal firms' entrepreneurial internationalisation. Entrepreneurs' network-retaining, market-oriented learning and innovative capabilities become more important as firms mature. Accordingly, the paper theorises that artisan entrepreneurs in a developing economy should build and apply different dynamic capabilities based on firms' internationalisation phase.
Originality/value
The fine-grained discussion of the findings and the six propositions from this study advance the current understanding of dynamic capabilities, entrepreneurial internationalisation and artisan entrepreneurship literature.
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Bhishma R. Dahal, Sudip Adhikari and Aditya R. Khanal
In Nepal, crop insurance is at initial phase. However, since its implementation seven years ago, the adoption rate has been fairly low even with the government's lucrative subsidy…
Abstract
Purpose
In Nepal, crop insurance is at initial phase. However, since its implementation seven years ago, the adoption rate has been fairly low even with the government's lucrative subsidy on premium. There have been very limited studies on specifics of insurance for different crops, and farmer's acceptability on insurance. This study examines WTP for tree-based insurance, a potential insurance scheme on fruit crops in hilly areas of Nepal.
Design/methodology/approach
The authors used a contingent valuation method to estimate farmer's willingness to pay (WTP) premium for insurance. They used a double-bounded dichotomous choice (DBDC) framework to elicit WTP and an interval regression method to estimate the WTP model.
Findings
The authors found that the farmers revealed WTP for tree-based insurance is three times higher than the premium they would pay under government's current subsidy plans of insurance. The authors’ result from interval regression also suggests that the factors such as farm size, farmer's adverse experience about invasive pest and weather, awareness of crop insurance, farming experience, and family involvement in agriculture significantly influence farmers' WTP.
Research limitations/implications
A distinct modality of insurance, like tree-based insurance for fruit crops in mid and high hill areas, may enhance the adoption rate rather than a broad area-based plan generalized for all crops.
Originality/value
Only a few studies have examined specifics of insurance in fruit crop insurance in developing countries. The authors’ estimated WTP factors influencing WTP on citrus fruit-crop insurance in Nepal indicates that there is a scope for extending this insurance program. However, the authors also found that there is a gap in understanding of crop insurance and have limited awareness on the government's subsidy programs among farmers.