INTERNATIONAL ENTREPRENEURSHIP:THE INTERSECTION OF TWO RESEARCH PATHS

Contemplating to the present business scenario the word global business conceived because of the intervention of the two peripheries named International Business and Entrepreneur. The term emerged as INTERNATIONAL ENTREPRENEURSHIP. Entrepreneurship is the first juncture to entre in the business field at a micro level and exploring the nearby network to sustain its living. It can referred to as a new person in the tribe. On the other hand the multinational companies (MNCs) refers to already established networks, with gargantuan amount out work . With the demand , curiosity, necessity and exploration , the international business acted as a bond to connect the big budgeted companies to mingle with the small newly emerged entrepreneur firms. This stage where all the entrepreneurs expanded their horizons with interest to the international firms emerged as a new discovery of international entrepreneurship . Some of the examples regarding this intervention is the masterpiece APPLE .It originally started at the micro level and with the laps of time spread its wings to approach small entrepreneurs to facilitate its piece with extra qualities The basal requirement of this intervention is justified and have amiable aspects behind it. It created a exciting competitive pools within the entrepreneurs as well as in the global international market. It provided a huge amount of employment to the manpower which improved their living standards. Because of the competition the progress in the innovation and invention accelerated. It also welcomed the cross cultural acceptance. Therefore the international entrepreneurship is the oblation opportunity to the small entrepreneurs which uplifted the approach of small business and moving the life of the common man towards stabilization. Reference list:- academy of management journal,2000,Vol-43,No.S,902-906,Patricia Phillips Mc Dougall (indiana university),Benjamin M. Oviatt (Georgia State University).