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

International entrepreneurship in Europe

Extracts from this document...

Introduction

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.

Middle

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.

Conclusion

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)

    According to the globalisation theory, basic commodities have a global market and that products are differentiated due to cultural and legal differences among countries. The theory goes on to the differences in cultural and economic institutions do exist and fragmentations are resulted.

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

    Before the PCT came into operation, the application for the same invention had to be filed individually at each Office according to their own national rules and regulation. So it is clear that PCT allows for the filing of

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

    An aspect of the Europe model that Africa can learn from is the aspect of knowledge. No commodity is more expensive than "knowledge". An Africa without a sustainable, strong knowledge sector of its own will always remain in a dangerously dependent position.

  2. Feminist approaches to the study of international relations theory

    As the relevance of these organisations increases; so too does the significance of valid frameworks for interpreting their roles, functions and impacts. These frameworks already exist in IR and feminist scholars have helped to develop these to reflect the multi-level activities which characterise contemporary international politics.

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

    Between 50% and 85% of emergency aid went straight into the hands of wealthy politicians, and when it did reach their public it was for a premium77. Although the UN humanitarian intervention in Somalia sought to curb these practices, it was with limited success78.

  2. 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.

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

    He sees local rivalries often going beyond pure economic or business competition and becoming intensely personal. Local rivalries compete for market share, but also for people, technical excellence and "bragging rights" as he says. Two external variables consist of government and chance.

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

    Illegal armed groups, guerrilla and paramilitary, are present in the region, and in the past these groups have targeted multinational oil companies as military objectives. Angola has only recently emerged from years of civil wars. With those effects, destruction of property, lost sales, disruption of production, increased security costs, lower productivity would be appeared.

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