International entrepreneurship research: how it evolved and directions for the future

Leo Dana

Post-Print from HAL

Abstract: On 28 August 2015, I received an email stating, "I am so sorry to have to tell you that Richard passed away in his sleep last night. He so treasured your friendship and collaboration." Professor Richard W. Wright (BA'61; MBA'63; PhD'70) co-founded the McGill Conferences on International Entrepreneurship, aimed at integrating the fields of international business and small business/entrepreneurship. This article is dedicated to him. In the past, internationalisation was a challenging option, usually adopted by large firms. Changes in technology now allow small firms to internationalise more easily than ever, and where there is a small domestic market, internationalisation is sometimes not an option; it has become a necessity. Membership in a network allows a small firm to internationalise in a cooperative fashion, without the need for large expenditures. The practice of international entrepreneurship thus presents a challenge to some classic theories. Internationalisation need not be undertaken incrementally. Furthermore, small companies can internationalise without transferring resources abroad, thereby avoiding the issues formerly faced during internationalisation, e.g.: 1) opportunity cost of resources transferred abroad; 2) creation of a disadvantage by resources transferred abroad; 3) the lack of resources required to operate efficiently abroad.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Published in International Journal of Entrepreneurship and Small Business, 2017, 30 (4), pp.477-489. ⟨10.1504/IJESB.2017.082889⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02008539

DOI: 10.1504/IJESB.2017.082889

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().