Table of Contents

Handbook of Research on International Entrepreneurship

Handbook of Research on International Entrepreneurship

Elgar original reference

Edited by Léo-Paul Dana

This unique reference book provides an array of diverse perspectives on international entrepreneurship, a new and emerging field of research that blends concepts and methodologies from more traditional social sciences. The Handbook includes chapters written by top researchers of economics and sociology, as well as academic leaders in the fields of entrepreneurship and international business. State-of-the-art contributions provide up-to-date literature reviews, making this book essential for the researcher of entrepreneurship and the internationalisation of entrepreneurs.

Chapter 32: The Internationalization Process of Firms in the United Kingdom

Dave Crick

Subjects: business and management, entrepreneurship

Extract

32 The internationalization process of firms in the United Kingdom Dave Crick This chapter discusses the findings from a longitudinal study involving the internationalization process of firms and focuses on the activities of a group of firms that had, at the start of the investigation, discontinued export activities. It contributes to the growing body of knowledge in the field of international entrepreneurship by identifying their internationalization strategies over a period of three years. Its objective is to supplement existing work on internationalization theory that has tended to report on the activities of firms at one point in time rather than map these over a certain period. In discussing this study, the chapter starts by defining what is meant by internationalization and explains why this might be viewed as an entrepreneurial act. After contextualizing the work, the literature on internationalization theory is reviewed. The research focus and methodological approach undertaken in this investigation are subsequently outlined before the findings are reported upon. The chapter ends with a discussion on the conclusions that are drawn from the study. Background: internationalization as an entrepreneurial act In this study, the term ‘internationalization’ is used in the same context as that defined by Welch and Luostarinen (1988), as ‘the process of increasing involvement in international markets’. If the decision to engage and increase involvement in overseas business is to be seen as an entrepreneurial act, it appears reasonable to commence with a brief discussion of what is meant by ‘entrepreneurship’ in order to...

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