INTERNATIONALISATION OF ENTREPRENEURIAL FIRMS IN SOUTH ASIA
Dr. S Praveenkumar
Assistant Professor & Research Supervisor, Centre for Tourism and Hotel Management, Madurai Kamaraj University Madurai, Tamil Nadu
Dr. Rajendra Prasad Meena
Assistant Professor, Department of Business Finance & Economics, Jai Narain Vyas University Jodhpur Rajasthan
Dr.Kavitha Venkatachari
Dean-Examinations, IBS Mumbai
Dr. A. Narasima Venkatesh
Professor and Head of The Department, Human Resource Management and General, Management, ISBR Business School, Bangalore, Karnataka
Dr. Akhil M P
Researcher, University of Kerala
Ms.Ninu Rose
Assistant Professor, P G Department of Commerce and Research Centre, St.Xavier’s College for women,Aluva Ernakulam,Kerala
Abstract
The early stages of internationalisation are understudied in the literature before showing actual benefits. The entrepreneurial characteristics of internationalisation develop early on, when new multinational firms form to exploit new globalisation opportunities. We use the rise of global new ventures and rapid internationalisation to highlight a set of issues that have slipped through the existing IB frameworks. For newly internationalising enterprises, this research presents an international entrepreneurial dynamics paradigm. This aligns with current entrepreneurship literature: identifying new opportunities, allocating resources to exploit them, and engaging competitors.
Keywords: Internationalisation, Entrepreneur, SME ,Globalisation