Dominic Lim holds a Ph.D. degree in Business Administration from Ivey. He received his MBA from Cambridge University in the United Kingdom where he was a British Chevening Scholar, and BS (Computer Engineering) from Seoul National University, Korea.
Dr. Lim's research focuses on entrepreneurial firm growth, entrepreneurial cognition, and comparative international entrepreneurship, and has been published in top management journals such as Strategic Management Journal, Entrepreneurship Theory & Practice, Small Business Economics, and the Journal of the Academy of Marketing Science. He is also a member of the Editorial Review Board of Entrepreneurship Theory & Practice, International Small Business Journal, and Canadian Journal of Administrative Sciences. His research programs have been continuously funded by multiple grants from the Social Sciences and Humanities Research Council of Canada (SSHRC) since 2008.
Before returning to Ivey, Dr. Lim was an Associate Professor of Entrepreneurship at Goodman School of Business, Brock University, and a Visiting Professor of Entrepreneurship at USC Marshall School of Business. Prior to his academic career, he worked as a management consultant in Cambridge, UK, one of the most active entrepreneurial clusters in Europe, and counselled many university-based entrepreneurial ventures as well as several multinational companies including Vodafone and Samsung. He also co-founded NeoGenius. a B2B e-business venture in Seoul, Korea, and worked in the IT consulting industry in various capacities.
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Lim, D. S. K.; Morse, E. A.; Yu, N.,
2020, "The Impact of the Global Crisis on the Growth of SMEs: A Resource System Perspective", International Small Business Journal, September 38(6): 492 - 503.
Abstract: In this commentary, we examine both the positive and negative potential impact of the COVID-19 pandemic on the growth of small- and medium-sized enterprises (SMEs). We conceptualise the firm as a system of various resource components (strategic, physical, financial, human and organisational resources) and firm growth as the expansion of this resource system. Based on qualitative data drawn from Canadian high-growth SMEs, we discuss the potential impact of the crisis on these resource system components. We demonstrate how virtuous growth spirals of these resources co-evolve through various feedback and feed-forward loops. Furthermore, we discuss how a temporary growth setback, due to the crisis, can in fact provide an opportunity for entrepreneurs to realign, and regain the balance and fit within their firm’s resource system. This realignment enables the firm to take on the next phase of growth.
Link(s) to publication:
http://dx.doi.org/10.1177/0266242620950159
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Lim, D. S. K.; Oh, C. H.; De Clercq, D.,
2016, "Engagement in Entrepreneurship in Emerging Economies: Interactive Effects of Individual-level Factors and Institutional Conditions", International Business Review, August 25(4): 933 - 945.
Abstract: This paper examines individuals’ engagement in entrepreneurship in emerging economies. We conceive of such engagement as encompassing opportunity discovery, evaluation, and exploitation. We investigate the influence of individuals’ household income and level of education on their engagement in entrepreneurship, as well as the interaction effects between these individual-level factors and country-level regulatory, cognitive, and normative institutions. We test our hypotheses on a multi-source dataset from 22 emerging economies using a multilevel analysis technique. Our results indicate that the direct effect of individuals’ household income on their engagement in entrepreneurship is persistent, regardless of institutional conditions but the influence of education level varies contingent upon various institutional conditions.
Link(s) to publication:
http://dx.doi.org/10.1016/j.ibusrev.2015.12.001
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Wang, Y.; Chung, C. C.; Lim, D. S. K.,
2015, "The Drivers of International Corporate Entrepreneurship: CEO Incentive and CEO Monitoring Mechanisms", Journal of World Business, October 50(4): 742 - 753.
Abstract: This study examines international corporate entrepreneurship associated with new product lines and new geographic markets. Drawing upon agency theory and the corporate entrepreneurship literature, we posit that aligning CEO incentives with shareholder interests and adopting CEO monitoring mechanisms will promote international corporate entrepreneurship. We test the hypotheses using 277 U.S.-based manufacturing firms during the period from 2003 to 2009. Our findings highlight how various governance mechanisms such as a CEO's compensation linked to the long-term performance of the firm, the values of the CEO's shareholding, independent board leadership, and the representation of outside directors influence international corporate entrepreneurship of existing firms.
Link(s) to publication:
http://dx.doi.org/10.1016/j.jwb.2015.02.002
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De Clercq, D.; Lim, D. S. K.; Oh, C. H.,
2014, "Hierarchy and conservatism in the contributions of resources to entrepreneurial activity", Small Business Economics, March 42(3): 507 - 522.
Abstract: This study addresses the relationship between the munificence offered by a country’s proximate institutions in terms of a critical financial resource (informal investments) and human resource (entrepreneurship education) and its early-stage entrepreneurial activity. We also examine how this relationship might be moderated by underlying cultural values. Our main thesis is that the positive effects of resource munificence of proximate institutions on early-stage entrepreneurial activity should be attenuated in countries with a more hierarchical and conservative culture. We test our hypotheses using a multi-source dataset that spans 42 countries.
Link(s) to publication:
http://dx.doi.org/10.1007/s11187-013-9515-7
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De Clercq, D.; Lim, D. S. K.; Oh, C. H.,
2013, "Individual-Level Resources and New Business Activity: Contingency Role of Institutional Context.", Entrepreneurship Theory and Practice, March 37(2): 303 - 330.
Abstract: This study considers the relationship between people's access to resources and their likelihood to start a new business, and particularly how this relationship might be moderated by formal and informal institutions. Individual-level resources might be more potent for new business creation in countries with financial and educational systems that are more oriented toward entrepreneurship, higher levels of trust, and cultures that are less hierarchical and conservative. The hypotheses are tested by undertaking random-effects multilevel analyses of a multi-source data set that spans a 5-year time period (20032007). The study's findings offer important implications for research and practice.
Link(s) to publication:
http://dx.doi.org/10.1111/j.1540-6520.2011.00470.x
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Lim, D. S. K.; Celly, N.; Morse, E. A.; Rowe, W. G.,
2013, "Rethinking the Effectiveness of Asset and Cost Retrenchment: The Contingency Effects of a Firm’s Rent Creation Mechanism", Strategic Management Journal, January 34(1): 42 - 61.
Abstract: This paper posits that the efficacy of different retrenchment strategies depends upon the firm’s core rent creation mechanism. We focus on two distinct mechanisms of rent creation: Ricardian rent creation based on the exploitation of resources and Schumpeterian rent creation based on explorative capabilities. We argue that cost retrenchment may have detrimental effects on firms with a relatively high Schumpeterian rent focus. On the other hand, asset retrenchment may erode the basis for future rent creation for firms with a higher Ricardian rent focus. Our findings based on a sample of large non-diversified Japanese firms highlight the differing degrees of fragility and recoverability of the two rent creation mechanisms in the context of different retrenchment strategies.
Link(s) to publication:
http://dx.doi.org/10.1002/smj.1996
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Rugman, A. M.; Oh, C. H.; Lim, D. S. K.,
2012, "The Regional and Global Competitiveness of Multinational Firms", Journal of the Academy of Marketing Science, March 40(2): 218 - 235.
Abstract: International competitiveness ultimately depends upon the linkages between a firm’s unique, idiosyncratic capabilities (firm-specific advantages, FSAs) and its home country assets (country-specific advantages, CSAs). In this paper, we present a modified FSACSA matrix building upon the FSACSA matrix (Rugman 1981). We relate this to the diamond framework for national competitiveness (Porter 1990), and the double diamond model (Rugman and D’Cruz 1993). We provide empirical evidence to demonstrate the merits and usefulness of the modified FSACSA matrix using the Fortune Global 500 firms. We examine the FSAs based on the geographic scope of sales and CSAs that can lead to national, home region, and global competitiveness. Our empirical analysis suggests that the world’s largest 500 firms have increased their firm-level international competitiveness. However, much of this is still being achieved within their home region. In other words, international competitiveness is a regional not a global phenomenon. Our findings have significant implications for research and practice. Future research in international marketing should take into account the multi-faceted nature of FSAs and CSAs across different levels. For MNE managers, our study provides useful insights for strategic marketing planning and implementation.
Link(s) to publication:
http://dx.doi.org/10.1007/s11747-011-0270-5
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Lim, D. S. K.; Morse, E. A.; Mitchell, R. K.; Seawright, K.; Kristie, K.,
2010, "Institutional Environment and Entrepreneurial Cognitions: A Comparative Business Systems Perspective", Entrepreneurship Theory and Practice, May 34(3): 491 - 516.
Abstract: In this study, we investigate the relationship between institutional elements of the social environment and entrepreneurial cognitions, which lead to the individual's venture creation decision. Employing a sample of 757 entrepreneurs and non-entrepreneurs from eight countries we examine the extent to which institutions influence venture creation decisions, where entrepreneurial expert scripts act as a mediator. Results show that various institutional elements, such as legal and financial systems, affect venture arrangements and willingness scripts. Venture arrangements scripts, in turn, have the most significant impact on an individual's venture creation decision.
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