Handbook of Research on International Entrepreneurship
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Handbook of Research on International Entrepreneurship

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.
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Chapter 26: Indian Perspectives of International Entrepreneurship

Shameen Prashantham


Shameen Prashantham Internationalization among small firms, and notably small knowledgeintensive firms (SKIFs), can be unusually rapid, and is often influenced by three aspects of the international entrepreneur: knowledge, intent and networks. However both internationalization-related and other entrepreneurial activities – and therefore international entrepreneurship – can be hampered by macroeconomic disincentives or a hostile environment. This often tends to be the case in developing economies such as India, given which, the success story of the Indian software industry acquires great significance as a notable exception to the rule. It has emerged as an exemplar for developing economy entrepreneurs seeking their fortune in the software and other industries. Drawing on the literature relevant to international entrepreneurship, as well as secondary and some primary data on the Indian software industry, this chapter points out that international entrepreneurs in a developing economy can be successful through their own entrepreneurial efforts, especially when encouraged and facilitated by favourable policy measures. There still are, however, key challenges that they have to deal with. Most studies of small firm internationalization have taken place in developed economy contexts (Bell and Young, 1998), thus depriving aspiring business people in developing economies of rigorous research-based inputs on international entrepreneurship. Even as more empirical work in this area needs to be done, this chapter seeks to offer some insight into ways in which international entrepreneurs in developing contexts can achieve success, by drawing on literature relevant to internationalization and citing the example of the Indian software industry. It is...

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