Problem:

Zahra, S.A. (2005) 'A theory of international new ventures: A decade of research', Journal of International Business Studies, 36 (1), January, pp. 20-28.

Explain how the article builds on the seminal work of Oviatt and McDougall in their paper, Toward a Theory of International New Ventures, published in 1994. Describe and analyze the factors identified in the Zahra article as giving competitive advantage to new firms in the globalised economy. Do you agree that these are the key factors underlying success in the international business environment? Give reasons for your answer.

Oviatt, B.M. & McDougall, P.P. (1994) 'Toward a theory of international new ventures', Journal of International Business Studies, 25 (1), pp. 45-64.

Summary of question:

This question basically belongs to Finance as well as it explains about reviewing as well as examining the two articles as well as determining the links which connect both the articles. These two articles have been attached along with the solution.