Born Global Firm Internationalisation: The Influence of Industry Factors

Taylor, Murray; Jack, Robert

doi:10.7903/cmr.14892

Cited by 6 publications

(10 citation statements)

References 30 publications

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“…Work status of the entrepreneur and the household income have a positive impact on opportunity motives only in situations when the recognized opportunity promises improve existing status or increase household income. This is in line with previous research (Taylor & Jack, 2016).…”

Section: Discussionsupporting

confidence: 94%

Factors Affecting Opportunity and Necessity-Driven Intentions of Entrepreneurs: The Case of South East Europe

Amidžić¹,

Leković

Ivanović-Đukić

2022

TEME

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We investigated the factors influencing the intention of entrepreneurs driven by opportunity (ODE) and entrepreneurs driven by necessity (NDE) in the countries of South-East Europe (SEE). The aim of the paper was to identify the key factors of entrepreneurial intentions of ODE/NDE and to propose measures the application of which can transform NDE into ODE and increase the contribution of total entrepreneurial activity to economic development. The Binomial Logistics Regression and Ordinary Logistics Regression were applied, using data for 125,444 entrepreneurs in seven countries of SEE. Our findings highlight that the intention of ODE is most influenced by entrepreneurial knowledge and experience, entrepreneurial alertness and social contacts and networks, while unemployment (as a work status) and low household income have a significant impact on the intention of NDE. The fear of failure has a negative influence on the intentions of both groups of entrepreneurs, but its impact is much more accentuated in NDE than in ODE.

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Section: Discussionsupporting

confidence: 94%

Factors Affecting Opportunity and Necessity-Driven Intentions of Entrepreneurs: The Case of South East Europe

Amidžić¹,

Leković

Ivanović-Đukić

2022

TEME

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“…There are several factors impacting the internationalization of companies indicated in the research results, such as, for example, the company's age [26], product, and target group differences [21]; differences in national markets impacting the possibilities of product promotion [27]; or entrepreneurs' ability to recognize and exploit international business opportunities [22]. Features of industry, such as its global integration, international and local competitiveness, affect the time of entry to international markets [28]. From the point of view of the high-tech industry, the technological competences of companies [19], being one of the internationalization determinants, seems to be particularly important.…”

Section: High-tech Sector and Its Internationalization-theoretical Insights Of Its Importancementioning

confidence: 99%

International Trade in the High-Tech Sector—Support or Obstacle to Start-Up Processes at the Macro Level in European Union Countries?

Gaweł

2021

JTAER

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High-tech internationalization touches on two aspects impacting entrepreneurship: openness of the economy and its level of innovativeness. Both of them might positively or negatively affect the process of new company creations, as suggested by the concept of entrepreneurial regime with creative destruction or by the concept of routinized regime with creative accumulation. The aim of the article is to assess the impact of high-tech internationalization on the start-up process of new company creation. Cluster analysis and panel modeling for European Union countries in 2009–2018 were conducted. The research results distinguish clusters of European Union countries with a different level of high-tech internationalization. The impact of high-tech internationalization on start-up rates is significant in the case of both clusters; however, it is stronger in the cluster of countries with a relatively higher level of high-tech international openness. The high-tech intra-EU import and extra-EU high-tech export negatively affect the rate of new enterprise creation in both clusters. Additionally, extra-EU import in clusters with a relatively higher level of high-tech internationalization also negatively impacts start-up rates. The only aspect supporting the start-up process is the level of intra-EU export in clusters with higher levels of high-tech internationalization. The results suggest that in European Union countries, creative accumulation is the dominant phenomenon.

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“…The term industry categorises individual companies based on common characteristics related to types of products and production technology. The influence of industry factors on the internationalisation of born global companies manifests itself as external factors influencing a company's internationalisation process including the international integration of the industry, international competitiveness, and a small domestic market (Fernhaber et al 2007, Cavusgil and Knight 2015, Taylor and Jack 2016.…”

Section: About Born Global Companiesmentioning

confidence: 99%

Born Global Companies. Is This a Future for Economy of Latvia? A Preliminary Study

Vaivode

2018

Business: Theory and Practice

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A small number of export-capable sectors is a factor that renders the Latvian economy sensitive to any changes in the external environment, at the same time it is an incentive to look for growth patterns. Internationalisation is a factor that brings growth. International operations can have various advantages for enterprises, particularly for high-growing companies. The born global companies will experience stronger performance in markets that are more attractive and more internationalised. For this research purposes term ‘born global’ author understands as a ‘truly global’ company as well as domestically based company with overseas operations. The novelty of the research manifests as seeking of novel information and novel solutions based on the experience of different countries. Born global companies are the research object of an investigation. The aim of the article is an analysis of external environment perspective that is necessary to predict long-term survival for every company in conjunction with economic dimensions of globalization. The research methodology is based on the overview of literature sources that attempts to describe the key drivers for early internationalization, statistics of high-growth enterprises and survival rates of newly born enterprises, success factors of high-growth enterprises. As the result framework for the future research is created.

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Born Global Firm Internationalisation: The Influence of Industry Factors

Cited by 6 publications

References 30 publications

Factors Affecting Opportunity and Necessity-Driven Intentions of Entrepreneurs: The Case of South East Europe

Factors Affecting Opportunity and Necessity-Driven Intentions of Entrepreneurs: The Case of South East Europe

International Trade in the High-Tech Sector—Support or Obstacle to Start-Up Processes at the Macro Level in European Union Countries?

Born Global Companies. Is This a Future for Economy of Latvia? A Preliminary Study

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