Developing brand identities for international new ventures under uncertainty : Decision-making logics and psychic distance
Pysyvä osoite
Kuvaus
© 2021 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
We acknowledge the financial support received from the Foundation for Economic Education, Yksityisyrittäjäin Säätiö (Private Entrepreneurs’ Foundation), and Business Finland.
While many models describe efforts to build brand identity, none specifies the brand identity development for small firms facing uncertainty, such as rapidly internationalizing international new ventures. By examining four such case firms informed by interviews and archival data spanning five years, this study identifies three brand identity development states: unbranded, sporadically branded, and focused branded international new ventures. Brand values, brand personality, and brand relationships are critical brand identity dimensions that manifest in the three states. A related model and propositions help explicate how uncertainty owing to psychic distance moderates the impact of decision-making logics on brand identity development. We show how the role of decision-making logic affects the prominence given to different dimensions of brand identity in the developmental states. Moreover, we reveal the associated change and state mechanism allowing for the rapid advancement of brand identity states in international new ventures.
Emojulkaisu
ISBN
ISSN
1873-6149
0969-5931
0969-5931
Aihealue
Kausijulkaisu
International Business Review
OKM-julkaisutyyppi
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä