Reference : International entrepreneurship and the small business
Scientific journals : Article
Business & economic sciences : General management & organizational theory
International entrepreneurship and the small business
Fletcher, Denise Elaine mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
Entrepreneurship and Regional Development
Yes (verified by ORBilu)
United Kingdom
[en] small business ; international entrepreneurship ; opportunity enactment ; creative envisioning ; social construction ; transformation
[en] The topic of ‘international entrepreneurship’ is becoming increasingly popular with researchers
concerned with examining how international and entrepreneurial activities intersect when people in organizations engage in pro-active brokering and risk-taking behaviour in cross-border contexts. Some caution is needed in over-generalizing the meaning and significance of international entrepreneurship – especially in relation to small businesses. Not all entrepreneurial risk-taking, brokering and opportunity-seeking activities lead to internationalization (as the statistics on small business international activities indicate). This might suggest then that the only truly internationally entrepreneurial firms are those that are ‘born global’. However, their entrepreneurial activities are more ‘spatial’, concerned with what can be constructed again in relation to global markets rather than in relation to the local/regional context in which the business is located. For small firms that internationalize a few years after start-up (late starters), processes of international entrepreneurship are different. For ‘later starters’, international entrepreneurship is distinctive in that it is characterized by extending and modifying entrepreneurial understandings
and practices that have been socially constructed in relation to the local and regional
context in which the small firm is located.

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