The World is Spiky â Th I t ti li ti The Internationalization Process
The World is Spiky â Th I t ti li ti The Internationalization Process
The World is Spiky â Th I t ti li ti The Internationalization Process
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Interna<strong>ti</strong>ona<strong>li</strong>za<strong>ti</strong>on <strong>ti</strong> <strong>ti</strong> process<br />
Born Globals<br />
l<br />
model<br />
Interna<strong>ti</strong>ona<strong>li</strong>za<strong>ti</strong>on<br />
<strong>ti</strong> <strong>ti</strong> Reac<strong>ti</strong>ve<br />
Proac<strong>ti</strong>ve opportunity seeking<br />
strategic posture<br />
Resource access and<br />
Interna<strong>li</strong>za<strong>ti</strong>on, i internal<br />
Selec<strong>ti</strong>ve ownership,<br />
control<br />
development<br />
mobi<strong>li</strong>zed through networks<br />
Criteria for choosing<br />
foreign markets<br />
Importance of<br />
management’s experience<br />
Nature of path dependency<br />
Minimize difference between<br />
ex<strong>is</strong><strong>ti</strong>ng ac<strong>ti</strong>vi<strong>ti</strong>es and new ones<br />
Does not matter<br />
Each market entry creates a<br />
path dependency for growth<br />
Maximize the growth<br />
poten<strong>ti</strong>al<br />
Crucial factor for early and<br />
rapid interna<strong>ti</strong>ona<strong>li</strong>za<strong>ti</strong>on<br />
Early interna<strong>ti</strong>ona<strong>li</strong>za<strong>ti</strong>on<br />
ins<strong>ti</strong>lls a path dependency for<br />
interna<strong>ti</strong>onal growth
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