Internationalization of Firms and Entrepreneur’s Motivations: A Review and Research Agenda

Ngo, Hai T. T. and Igwe, Paul (2019) Internationalization of Firms and Entrepreneur’s Motivations: A Review and Research Agenda. In: Societal Entrepreneurship and Competitiveness. Emerald, pp. 1-19. ISBN 9781838674724

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Internationalization of Firms and Entrepreneur’s Motivations: A Review and Research Agenda
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Abstract

This Book Chapter explores the context of global ventures, an overview of an entrepreneur's motivations and literature on internationalization strategies of firms. Entrepreneurs innovate and find new ways to create or discover new opportunities, start a new venture or grow an existing venture. Indeed, firms grow through sustainable and innovative process considering economic, social and environmental protection (the three pillars of sustainability). Indeed, entrepreneurial motivations to take business globally can be because of ‘push’ or ‘pull’ forces such as the creation of global products and services, access to global market, access to strategic resources and access to global sourcing. However, the capability to internationalize is dependent on the interaction between entrepreneurs’ internal resources and external constraints. These constraints are explained by the Ghemawat's CAGE Distance framework including, ‘Cultural’, ‘Administrative’, ‘Geographic’ and ‘Economic’ challenges.

Keywords:Internationalization, Entrepreneur Motivations, Sustainability, CAGE Framework
Subjects:N Business and Administrative studies > N120 International Business studies
Divisions:Lincoln International Business School
ID Code:35727
Deposited On:02 May 2019 15:21

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