Born Global Firms

<p><b><i>Born Global Firms</i> describes companies that conduct international business at or near the founding of the firm.</b> Despite the limited resources that usually characterize new businesses these Born Global firms achieve substantial international sales from an early stage in their development. They internationalize rapidly-the period from domestic establishment to initial foreign market entry is often three or fewer years.</p><p>Born globals are emerging in sizable numbers worldwide. Until recently international business was mainly the domain of large well-resourced multinational enterprises (MNEs). The appearance of large numbers of born global firms is revolutionizing the traditional character of international business and helping reshape the global economy. <b>This book helps managers and scholars understand the born global phenomenon</b>.</p><p>We offer a comprehensive treatment of born globals from distinctive features of these companies to strategies that they use for international success to implications of the phenomenon for international small- and medium-sized enterprises. We review useful theories and frameworks and introduce a new field based on the born global phenomenon international entrepreneurship. We provide a comprehensive literature review and an explanation of major theories that explain the born global firm. This complete guide to born global firms was written by leading experts in the field.</p><p>Specifically we report on:</p><p></p><ul><li>The existence of born global firms around the world;</li><li>Case studies of born global firms;</li><li>Born globals as international small- and medium-sized enterprises;</li><li>Facilitating factors in the emergence of born global firms;</li><li>A literature review and key theories on born global firms for scholars;</li><li>How the born global phenomenon challenges traditional internationalization theories;</li><li>The critical role of entrepreneurial orientation in the emergence of born globals;</li><li>Implications for managers of born globals and other small internationalizing firms; and</li><li>How born globals point to the future of international trade.</li></ul>