Elements of infrastructure: Factors driving international entrepreneurship

Abstract

This article focuses on “born globals” (Knight and Cavusgil 1996) and interfirm resources to explain international entrepreneurship. The theory posed here challenges the traditional image of international business as a long, gradual process not occurring until later in the life cycle, and applying only to large multinational corporations (MNCs). Increasingly, new ventures must expand their operations internationally early in their history in order to be competitive (Oviatt and McDougall 1994), and require infrastructure (Van de Ven 1993), or interfirm resources, for success. Specifically, firms may rely on three factors to expand internationally: cost factors, unique global resources, and networks.

Citation

Callaway, S.K. (2004), "Elements of infrastructure: Factors driving international entrepreneurship", New England Journal of Entrepreneurship, Vol. 7 No. 1, pp. 27-37. https://doi.org/10.1108/NEJE-07-01-2004-B004