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International Business by Sumati Varma

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23

International Entrepreneurship

LEARNING OBJECTIVES

After going through this chapter, you should be able to:

  • Define the term “entrepreneurship”

  • Understand the meaning of accelerated internationalization

  • Gain a perspective on the motives of international entrepreneurship

  • Understand the features of entrepreneurial orientation

  • Apply the concepts developed herein to emerging market situations

Accelerated Internationalization

eBay Inc., the largest platform for Internet auctions worldwide, was founded in California in 1995. Its first step into international operations was in the United Kingdom and Canada in 1998 by an adjusted Internet presence especially designed for local customers. In 1999, it entered Australia through a strategic ...

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