• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12

International entrepreneurship in Europe

Extracts from this document...


INTERNATIONAL ENTREPRENEURSHIP IN EUROPE 1.Introduction The rapid globalization of world markets has encouraged companies of all sizes to expand internationally. With the economy booming, the opportunities have never been better for entrepreneurs, and this wide-ranging resource offers something for business pioneers of all stripes. As defined by McDougall and Oviatt (2000), international entrepreneurship (IE) is: "a combination of innovative, proactive and risk-seeking behaviour that crosses national borders and is intended to create value in organizations". By research a lot of articles, which point out that Europe has only recently become interested in the growth of entrepreneurship. Risk taking in general is discouraged by most European cultures with business failure being considered a social disgrace. But in recent years, several changes in the social and political climate have conspired to change these traditional, security-conscious culture successful entrepreneurs, some of whom have become cultural heroes and break the stigma. This paper seeks to present an overview of the recent literature relating to "international entrepreneurship" which may be identified in the European Union. So the purpose of this research paper is to provide background information of international entrepreneurship in European Union, and how that information applies in the future research. ...read more.


2.6 SHAKER, Z. JAMES, H AND HUGH, O. (August, 2001) Fostering Entrepreneurship During international Expansion: Managing Key Challenges. European Management, 19(4), pp.359-369. This article identifies several challenges companies encounter as they attempt to promote entrepreneurship and it discusses ways executives can creatively address them. The article shows how managing these challenges can encourage organizational learning of new skills, thereby giving companies new competencies that allow them to profit from expanding their international operations. As internationalization continues to accelerate, companies need to invest heavily in learning and developing new core competencies in their foreign markets. In this article, entrepreneurship refers to a company's formal and informal activities aimed at increasing innovation and venturing. The author gives a new field to explain entrepreneurship, and some other authors (ZAHRA and GARVIS, 2000) also agrees this explanation, so this gives a new aspect in the future research. 2.7 ZOLTAN, J AND BERNARD, Y. (2001) Entrepreneurship, Globalization, And Public Policy. International Management, 7(3), pp.235-251. This paper examines the impact of governmental policies in influencing the path of internationalization of small- and medium-sized enterprises (SMEs). The author focuses on the role of institutions mandated to assist internationalization. ...read more.


This casebook illustrate different kinds of cases from different regions include China, UK, Poland, Ireland, US, Australia. It make possible to compare the different points with different countries. 3.Conclusion This review paper examined the concept of international entrepreneurship in Europe that has been emerging across the USA, North Europe and Asian in recent years, providing an overview of the existing literature in this area. Literature on the internationalization of the firm has been divided into studies that focus on the decisions involved, often relating to entry mode choice and strategy, and those that focus on the process. The first section told readers what would talk about in this research paper; the second section is a literature review depend on the journal and books. Many reading articles state that today in Europe, more individuals are emerging in both academic circles and large companies who are looking for a challenge and are finding it in entrepreneurship. New government policies are making it easier to raise money for starting up businesses. All in all, by given the emerging global environment, entrepreneurs are no longer limited to domestic markets, and even locally oriented entrepreneurs must be attentive to competition from international players. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level UK, European & Global Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level UK, European & Global Economics essays

  1. Marked by a teacher

    International Business Strategy - Case Study on Unilever

    4 star(s)

    on the use of sea minerals as one of the ingredients; while in Jakarta, the compositions have insignificant impact to the demand of it. This supports the sophisticated globalisation thesis which says that fragmented markets are eventually realised. The globalisation theory also suggested that extraordinary rise in trade and investments

  2. A study of Patent system in India in the light of Patent Cooperation Treaty.

    for 'International Preliminary Examination' before PCT application will be further proceed or processed. If we analyze the procedure of filing of PCT application, then the application procedure consists of two phases8, which are as follows; A singular international phase where the PCT application is processed by WIPO and certain international

  1. Compare and contrast the levels of economic development in the regions of Europe and ...

    in Africa it highlights the damage caused by: the unpredictability of changes in laws and policies, the unreliability of law enforcement, and the impact of corrupt bureaucracies.22 Unless governments eliminate these kinds of obstacles then it is unlikely that the economy whether it is just locally in certain parts of Africa or on a national front will flourish.

  2. Why has GDP growth been so slow in Somalia?

    Aid is no longer available for much of the Somali population since the country is deemed too dangerous for many charities to work there. Whilst it hasn't slowed down the growth of Somalia, it also hasn't helped boost it (despite having the potential to), and therefore can be considered a factor hindering Somali GDP.

  1. Explain the evolution and characteristics of the debt problems of LDCs. In the light ...

    Other arguments stress the importance of rising oil prices during the 1970's as key to ensuring that most LDCs became net importers, resulting in widening balance of payment deficits7. Corbridge (in Desai and Potter, 2002) links rising interest rates with the burgeoning debt of LDCs that led to many countries defaulting at the beginning of the 1980's.

  2. BP - an international company, having operations in 100 countries on six continents.

    Additionally, they may be unable to sustain sound economic policy to maximize the benefits over the long term. There business and their buying decisions affect not only the companies they deal with but also local economies, and BP is increasingly aware of how important this economic impact can be in developing countries.

  1. Analyse the Strengths and Weaknesses of Spain by 1516

    which led to a growth in business and rising prosperity for those in work. However, due to an increase in population town authorities were faced with the problem of vagrancy where people wonder from place to place and don't usually have a home.

  2. This article review is done for the course of Trends in Global Marketing Strategies. ...

    Two external variables consist of government and chance. According to Porter government's proper role in his model is as a catalyst and challenger. It should encourage or even push companies to raise their aspirations and to move to higher levels of competitive performance, even though process may be inherently unpleasant and difficult.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work