Resource based theory (RBT) of International entrepreneurship
Added on 2020-01-07
15 Pages3903 Words242 Views
INTERNATIONALENTREPRENEURSHIP
TABLE OF CONTENTSABSTRACT....................................................................................................................................1INTRODUCTION...........................................................................................................................1CROSS BORDER RESEARCH PATH..........................................................................................2Economic-based View.................................................................................................................2Behavioural-Based View.............................................................................................................3ENTREPRENEURSHIP RESEARCH PATH................................................................................4Entrepreneurial Cognition...........................................................................................................4Entrepreneurial Orientation (EO)................................................................................................5METHODOLOGICAL ISSUES.....................................................................................................5INTERNATIONAL ENTREPRENEURSHIP................................................................................8CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
ABSTRACTThe below research is based on the currently existent literature of international entrepreneurshipfocused on the methodological problems as well as theoretical foundations. The below report hassuggested that the resource based theory (RBT) has contributed in the development of theinternational entrepreneurship on a large scale. The cross border operations are represented withthe help of entrepreneurial orientation as well as entrepreneurial cognition. The report has alsoon the basis of research presented an improved definition of international entrepreneurship indetail.INTRODUCTIONInternational entrepreneurship can be defined as the mixture of risk, practicality, innovations andaggression in competition that helps to cross the borders of the home country and supports theorganisation in the development of a new value. The below report is based on internationalentrepreneurship based n the available literature on the subject matter. The below researchrepresents international entrepreneurship with the help of cross border research path with thehelp of behavioural based view and economics based view. These theoretical views are furtherexplained with the help of the schools of thought involved in them which are InternationalProduction Theory, Transaction Cost Theory and Resource Based Theory (RBT) for economicsbased view. Stage Approach, International New Venture Approach and Network Approach in behaviouralbased view. Then the report has presented the entrepreneur research path with the help ofentrepreneurial cognition and entrepreneurial orientation. Furthermore the report explains themethodological issues in international entrepreneurship by explaining the differentiation amongstart up businesses and adolescent businesses and ensuring the removal of ambiguity from thedefinition of a firm’s age. And lastly the report presents an improved definition of internationalentrepreneurship. 1
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