Summary: International Entrepreneurship
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1 International Entrepreneurship
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McDougall & Oviat - explain international competitive advantage through entrepreneurial innovation (3)
Through worldwide communication technology and transportation, a decrease in government's protectionist policies which result in a decreased number of geographically protected market niches -
Why would you cross border?
Defensive or to take offense -
How can internationalization behavior be predicted?
Based on entrepreneurs' pre-start-up characteristics without the risk of retrospective bias -
Different levels of willingness and ability to internationalize
Localist, incrementalist and globalist -
Important roles of network and social ties
Sources of information/ideas that triggerentrepreneurial opportunity recognition, reduce risk and is a gateway to resources -
Causation - basis for taking action
Certain goals as given and reach that, device a strategic plan -
Effectuation - basis for taking action
Take set of individual meanings as starting point -
Causation - attitude toward unexpected events
Carry out strategy as planned, react negatively to unexpected events -
Effectuation - attitude toward unexpected events
Adaptive feedback-seeking and incorporation process, reach positively to unexpected events -
Causation - attitude toward outsiders
Protect knowledge from outsiders, alliances are planned and partners are carefully selected
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