Born global: The potential of job creation in new international businesses

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7 januar 2013
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Resumé

Traditional theory about international business suggests that companies first establish a solid home market and go global only in later stages of their life cycle. However, this view is challenged by research that shows that some firms internationalise quickly after start-up – so-called ‘born gloRead more

Traditional theory about international business suggests that companies first establish a solid home market and go global only in later stages of their life cycle. However, this view is challenged by research that shows that some firms internationalise quickly after start-up – so-called ‘born globals’. These firms are assumed to be strongly innovative and growth-oriented, and hence could well contribute to the economic and labour market recovery Europe is seeking after the global financial crisis. So far, little is known about the full economic potential of these companies and how best to support them. This study aims to close this knowledge gap by providing a summary of literature and secondary data to characterise born globals and pinpoint their main strengths and weaknesses as well as economic and labour market potential. 

 

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    Referencenr.: 
    ef1265
    Catalogue info

    Born global: The potential of job creation in new international businesses

    Traditional theory about international business suggests that companies first establish a solid home market and go global only in later stages of their life cycle. However, this view is challenged by research that shows that some firms internationalise quickly after start-up – so-called ‘born globals’. These firms are assumed to be strongly innovative and growth-oriented, and hence could well contribute to the economic and labour market recovery Europe is seeking after the global financial crisis. So far, little is known about the full economic potential of these companies and how best to support them. This study aims to close this knowledge gap by providing a summary of literature and secondary data to characterise born globals and pinpoint their main strengths and weaknesses as well as economic and labour market potential.

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  • Executive summary

    Referencenr.: 
    ef12651
    Catalogue info

    'Born global': Potentialet for jobskabelse i nye internationale virksomheder - Resumé

    Forfatter(e): 
    Eurofound
    Ifølge den traditionelle teori om international forretningsvirksomhed etablerer virksomheder først et solidt hjemmemarked og bliver først senere i deres livsforløb globale. Dette synspunkt udfordres imidlertid af undersøgelser, der viser, at nogle virksomheder internationaliseres hurtigt efter, at de er blevet etableret – de såkaldte “born global”-virksomheder. Disse virksomheder antages at være meget innovative og vækstorienterede og kunne derfor udmærket bidrage til det opsving i økonomien og på arbejdsmarkedet, som Europa har behov for efter den globale finanskrise.



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