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The Born Global Model For Romanian Small And Medium Enterprises Internationalization

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Author Info

  • ANCA MARIA STANCULESCU

    ()
    (Academy of Economic Studies, Bucharest, Faculty of International Business and Economics, Romania)

  • LILIANA GRIGORE

    ()
    (Academy of Economic Studies, Bucharest, Faculty of International Business and Economics, Romania)

  • ANDREEA MIHAELA GAGEA

    ()
    (Academy of Economic Studies, Bucharest, Faculty of Economic Cybernetics, Statistics and Informatics, Romania)

  • BOGDAN GEORGESCU

    ()
    (Academy of Economic Studies, Bucharest, Faculty of Marketing, Romania)

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    Abstract

    The article analyses the possibilities for Romanian small and medium enterprises to internationalize as Born Globals. Small and medium enterprises in European economies and all over the world are more and more exposed to global pressures induced by globalization and market integration processes, which amplifies the need to be competitive and confront international markets through internationalization. Small and medium enterprises internationalization is an amplifying phenomenon, which has been the topic of wide spread research efforts in the last decades. The most recent trend in this field is the Born Global model, which points out to small and medium enterprises that show very rapid and intensive international growth right from or close to inception. In order to investigate the small and medium enterprises internationalization possibilities as Born Globals, several major underlying factors of the emergence of Born Globals are considered, representing both internal and external push and pull forces to internationalization. The applicability of the Born Global model of internationalization for Romanian small and medium enterprises is outlined by the examination of each factor’s triggering role in the current Romanian context. Based on this analysis, consequent policy recommendations for stimulating the Romanian small and medium enterprises internationalization as Born Globals are proposed.

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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/2010_1_9_Stanculescu.pdf
    File Function: Revised version, 2009
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    Bibliographic Info

    Article provided by Babes-Bolyai University, Faculty of Business in its journal JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA.

    Volume (Year): (2010)
    Issue (Month): ()
    Pages:

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    Handle: RePEc:bbn:journl:2010_1_9_stanculescu

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    Related research

    Keywords: Born Global; Internationalization; Internationalization Policy; Small and Medium Enterprises;

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    References

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    1. Gleason, Kimberly C. & Wiggenhorn, Joan, 2007. "Born globals, the choice of globalization strategy, and the market's perception of performance," Journal of World Business, Elsevier, vol. 42(3), pages 322-335, September.
    2. Phillips McDougall, Patricia & Shane, Scott & Oviatt, Benjamin M., 1994. "Explaining the formation of international new ventures: The limits of theories from international business research," Journal of Business Venturing, Elsevier, vol. 9(6), pages 469-487, November.
    3. Zhang, Marina Y. & Dodgson, Mark, 2007. ""A roasted duck can still fly away": A case study of technology, nationality, culture and the rapid and early internationalization of the firm," Journal of World Business, Elsevier, vol. 42(3), pages 336-349, September.
    4. Loane, S. & Bell, J.D. & McNaughton, R., 2007. "A cross-national study on the impact of management teams on the rapid internationalization of small firms," Journal of World Business, Elsevier, vol. 42(4), pages 489-504, December.
    5. Gassmann, Oliver & Keupp, Marcus Matthias, 2007. "The competitive advantage of early and rapidly internationalising SMEs in the biotechnology industry: A knowledge-based view," Journal of World Business, Elsevier, vol. 42(3), pages 350-366, September.
    6. Weerawardena, Jay & Mort, Gillian Sullivan & Liesch, Peter W. & Knight, Gary, 2007. "Conceptualizing accelerated internationalization in the born global firm: A dynamic capabilities perspective," Journal of World Business, Elsevier, vol. 42(3), pages 294-306, September.
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