This article examines the phenomenon of dynamic capabilities in international new ventures (INVs) from emerging markets. While this research stream is gaining traction, the literature is fragmented as to how INVs from emerging markets develop dynamic capabilities to overcome resource constraints and legitimacy issues. The authors highlight the importance of a comprehensive international entrepreneurial culture (IEC) to better understand how these INVs develop dynamic capabilities and foster international performance. This study draws on organisational learning and the knowledge-based view (KBV) to examine the role of IEC in shaping dynamic capabilities and international performance under various levels of market turbulence. To conduct our analyses, this study uses a sample of INVs from India – a key emerging market. The results indicate that IEC shapes dynamic capabilities and both support superior international performance. The findings also confirm the utility of IEC towards dynamic capabilities and international performance when operating in turbulent markets.

本文研究了新兴市场的国际新企业（INV）中动态能力的现象。尽管这一研究趋势越来越受关注，但有关新兴市场的INV如何发展动态能力来克服资源限制和合法性问题的文献零散。作者强调了全面的国际企业家文化（IEC）的重要性，以更好地了解这些INV如何发展动态能力并促进国际绩效。这项研究利用组织学习和基于知识的观点（KBV）来研究IEC在各种市场动荡水平下塑造动态能力和国际绩效中的作用。为了进行分析，本研究使用了来自印度（一个重要的新兴市场）的INV样本。结果表明，IEC塑造了动态能力，并且都支持卓越的国际性能。这些发现还证实了IEC在动荡的市场中运作时对动态能力和国际性能的实用性。