Keywords
Citation
(2006), "Defining international entrepreneurship and modeling the speed of internationalization", Strategic Direction, Vol. 22 No. 3. https://doi.org/10.1108/sd.2006.05622cad.005
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited
Defining international entrepreneurship and modeling the speed of internationalization
Defining international entrepreneurship and modeling the speed of internationalization
Oviatt B.M., McDougall P.P. Entrepreneurship Theory and Practice (USA), September 2005, Vol. 29 No. 5, Start page: 537, No. of pages: 17
Purpose – To present an updated definition, and an associated model, of international entrepreneurship. Design/methodology/approach – Builds on previously presented definitions of entrepreneurship and international entrepreneurship to define international entrepreneurship as the discovery, enactment, evaluation and exploitation of opportunities – across national borders – to create future goods and services, arguing that the definition covers opportunities, the formation of new organizations, corporate entrepreneurship and cross-border entrepreneurial activity. Concentrates on the speed of entrepreneurial internationalization, submits that internationalization speed is determined by enabling, motivating, mediating and moderating forces, looks at the time between opportunity identification and market entry, and at the rapidity of entry into other psychically different countries, suggests that these two dimensions of speed are moderated by an entrepreneur’s knowledge of an opportunity and of the foreign market, additional to network factors of tie strength, and network size and density, and sees technology, e.g. the internet and containerization, as enabling influences, increasing competition as a motivating force, and the entrepreneur and his perception of opportunities as a mediating force. Originality/value – Combines international business and entrepreneurship theory.
Style: Conceptual paperISSN: 1042-2587Reference: 34AW104
Keywords: Business development, Entrepreneurship, International trade