International Entrepreneurship Opportunities

International Entrepreneurship


Nature of International Entrepreneurship Importance of International Entrepreneurship

International v. Domestic Entrepreneurship



Uncontrollable Factors


Economics
Stage of Development  Balance of payment  Type of system

 

Bartering ThirdThird-party arrangements

International v. Domestic Entrepreneurship



Uncontrollable Factors
  

PoliticalPolitical-Legal environment Cultural environment Technological environment

International Entrepreneurship


Strategic Issues


Responsibility Centers
  

Stage 1 Stage 2 Stage 3 Environmental analysis Strategic planning Structure Operational planning Controlling

Nature of Planning
    

International Entrepreneurship


Market implications
Market characteristics  Market institutions  Industry conditions  Legal environment  Resources  Political environment


Entrepreneurial Entry


Exporting


Indirect


Export management firms Independent distributors

Direct


Entrepreneurial Entry


Nonequity Arrangements
  

Licensing TurnTurn-key projects Management contracts Minority interests Joint ventures Majority interests Mergers

Direct Foreign Investment

   

Entrepreneurial Entry


Types of Mergers
    

Horizontal mergers Vertical mergers ProductProduct-extension mergers MarketMarket-extension mergers Diversified activity mergers

Synergy
 

Definition Causes

International Trade Issues

 

GATT Barriers
 

Increasing protectionist attitudes Trade blocs and free trade areas

Strategy and Free Trade Areas

Entrepreneurial Partnering


What to look for in an international partner? How to find them