International Business Management
ISSN: OnlineISSN: Print 1993-5250
Abstract
An international operation of firms which has intensified over the last few years, affects many activities of companies, irrespective of their size. While large enterprises are increasingly involved in cross-border operations, these operations and the process of internationalization present challenges and opportunities for the entrepreneurs and the development of small and medium-sized enterprises. Although, mainstream theories of internationalization and recent advances that link internationalization and entrepreneurship assume the importance of ‘opportunity’, however, there is a paucity of research that places ‘opportunity’ as the core process in internationalization. By embracing international market opportunity discovery as a key dimension, this study conceptualized internationalization as an entrepreneurial process: the process of opportunity recognition, evaluation and exploitation in international markets.
How to cite this article:
Nana Osei-Bonsu. Re-Conceptualizing Internationalization of SMEs as an Entrepreneurial Process.
DOI: https://doi.org/10.36478/ibm.2016.38.50
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.38.50