Abstract
Although born globals (BGs) have now been studied for over a decade, theory and practice are still evolving. This article was written to clarify the definition of a Born Global (BG) firm and to describe the three phases-introductory, growth and resource accumulation, and break-out to independent growth as a major player-through which BGs progress. Drawing from empirical evidence, it was found that the risks, resource development, channels/networks and organisational learning of BGs develop during the three phases through which successful BGs pass. However, this process deviates considerably from that followed by traditional internationalising small- and medium-sized enterprises (SMEs). Born Global entrepreneurs and academics can learn much by studying the causes of these differences.
Original language | English |
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Peer-reviewed scientific journal | International Business Review |
Volume | 17 |
Issue number | 4 |
Pages (from-to) | 385-401 |
Number of pages | 17 |
ISSN | 0969-5931 |
DOIs | |
Publication status | Published - 2008 |
MoE publication type | A1 Journal article - refereed |
Keywords
- 512 Business and Management
- Born globals
- Channels/networks
- Organisational learning
- Phases of development
- Resource development
- Risks