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

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Gepubliceerd
7 januari 2013
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Samenvatting

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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  • Report

    Number of pages: 
    84
    Reference no.: 
    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

    Reference no.: 
    ef12651
    Catalogue info

    Born globals: het banenscheppend potentieel van nieuwe internationale bedrijven - Samenvatting

    Author(s): 
    Eurofound
    Volgens de traditionele theorie over internationale bedrijven verwerven ondernemingen eerst een solide martkpositie in hun eigen land en gaan ze pas in latere stadia van hun levenscyclus internationaal werken. Deze gedachte wordt echter weersproken door onderzoek waaruit blijkt dat sommige bedrijven al snel na hun start internationaal gaan – de zogenaamde ‘born globals’. Deze bedrijven zouden zeer innovatief en op groei gericht zijn en zouden daarom een belangrijke bijdrage kunnen leveren aan het herstel van de economie en de arbeidsmarkt waarnaar Europa op zoek is na de mondiale financiële crisis.



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