International Entrepreneurship Opportunities

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Presentation transcript:

International Entrepreneurship Opportunities

International Entrepreneurship Nature of International Entrepreneurship Importance of International Entrepreneurship

International v. Domestic Entrepreneurship Uncontrollable Factors Economics Stage of Development Balance of payment Type of system Bartering Third-party arrangements

International v. Domestic Entrepreneurship Uncontrollable Factors Political-Legal environment Cultural environment Technological environment

International Entrepreneurship Strategic Issues Responsibility Centers Stage 1 Stage 2 Stage 3 Nature of Planning Environmental analysis Strategic planning Structure Operational planning Controlling

International Entrepreneurship Market implications Market characteristics Market institutions Industry conditions Legal environment Resources Political environment

Entrepreneurial Entry Exporting Indirect Export management firms Direct Independent distributors

Entrepreneurial Entry Nonequity Arrangements Licensing Turn-key projects Management contracts Direct Foreign Investment Minority interests Joint ventures Majority interests Mergers

Entrepreneurial Entry Types of Mergers Horizontal mergers Vertical mergers Product-extension mergers Market-extension mergers Diversified activity mergers Synergy Definition Causes

International Trade Issues GATT Barriers Increasing protectionist attitudes Trade blocs and free trade areas Strategy and Free Trade Areas

Entrepreneurial Partnering What to look for in an international partner? How to find them

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