Chapter 5

A New Field: International Entrepreneurship

Scholars have made much progress toward building a comprehensive explanation on the international expansion of new ventures—one that addresses the initiation, implementation, and effects of internationalization processes in young, entrepreneurial firms. Emergent research is shedding considerable light on the characteristics and performance drivers of born global firms. In the business management field, “entrepreneurship” has long been an important domain for scholarly research. Entrepreneurial activity is critical because it can stimulate general economic development as well as the economic performance of individual firms and might be the key element for gaining competitive advantage and ...

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