1,949
21
Research Paper, 2 pages (300 words)

Born global firm

.- What are some of the managerial characteristics of a Born Global firm? How are distinguishable from those of a traditional firm that seek to expand with a more traditional evolutionary process? The Born Global firm phenomenon refers to those special firms that adopt an international approach right from their birth The general characteristics of Born Global firms differentiate themselves from other multinationals in their growth stages. Born Global firms typically operate in a narrowly defined market niche, which makes it harder to grow in a small home market.

A high degree of specialization requires internationalization if the firm wants to achieve substantial growth. Born Global firms often possess unique resources and capabilities such as entrepreneurial orientation of the founders, innovation behind products andtechnology, accumulated knowledge of the founders and managers from previous work experience, and networking capabilities. Managers with a previous background of international strong activity will give to the company a more sure address to its business expansion, for this reason a high level of entrepreneurial orientation supports the firm? ability to recognize and create opportunities at an early stage. It can be argued that Born Global firms are typically found in niche business areas where products are unique, and require high amount of research and development like the high tech business area. It is very important to invest in products with a short life cycle and high technology sectors are characterized by this necessity of a continued innovation which can protect those firms and products from any imitation.

As for geographic locations of these Born Global firms, their headquarters can be found in various countries, such as the United States, United Kingdom, Switzerland… Rich and large countries give birth to Born Global firms, as these countries have potential demand for unique products, plenty marketing professionals and financial support. Foreign demands for unique products then often pull these firms to globalize quickly.

Thank's for Your Vote!
Born global firm. Page 1
Born global firm. Page 2
Born global firm. Page 3

This work, titled "Born global firm" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Research Paper

References

AssignBuster. (2022) 'Born global firm'. 13 January.

Reference

AssignBuster. (2022, January 13). Born global firm. Retrieved from https://assignbuster.com/born-global-firm/

References

AssignBuster. 2022. "Born global firm." January 13, 2022. https://assignbuster.com/born-global-firm/.

1. AssignBuster. "Born global firm." January 13, 2022. https://assignbuster.com/born-global-firm/.


Bibliography


AssignBuster. "Born global firm." January 13, 2022. https://assignbuster.com/born-global-firm/.

Work Cited

"Born global firm." AssignBuster, 13 Jan. 2022, assignbuster.com/born-global-firm/.

Get in Touch

Please, let us know if you have any ideas on improving Born global firm, or our service. We will be happy to hear what you think: [email protected]