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The Internationalization of Slovenian SME's: The Born Global Concept in Transition Economies

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  • Ina Lejko

    (University of Primorska, Slovenia)

  • Stefan Bojnec

    (University of Primorska, Slovenia)

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    Abstract

    The paper analyzes the internationalization process of small and medium sized enterprises (SMEs), that comply with the Born Global concept. The internationalization process of Born Global enterprises distinguishes itself from the classic stage models of internationalization. The Born Global enterprises do not develop their international activities in incremental stages, but often start the latter from inception, entering several very distant markets at once. With the liberalization of foreign trade, the transition countries have become much more approachable for the emergence of Born Global enterprises. Presuming the fulfillment of certain requirements that mostly relate to the foreign market knowledge, the Born Global concept can represent an efficient way of internationalization of enterprises in transition countries. The paper focuses on the elaboration of the Born Global concept definition, as well as the comparison of identified Born Global cases from the selected developed and transition economies.

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    Bibliographic Info

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    This chapter was published in: Ina Lejko & Stefan Bojnec , , pages 345-362, 2011.

    This item is provided by University of Primorska, Faculty of Management Koper in its series MIC 2011: Managing Sustainability? Proceedings of the 12th International Conference, Portorož, 23–26 November 2011 [Selected Papers] with number 345-362.

    Handle: RePEc:mgt:micp11:345-362

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    Web page: http://www.fm-kp.si/zalozba/ISBN/978-961-266-113-7.htm
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    Related research

    Keywords: Born Global enterprise; internationalization; SME; transition economies.;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Jan Johanson & Jan-Erik Vahlne, 1977. "The Internationalization Process of the Firm—A Model of Knowledge Development and Increasing Foreign Market Commitments," Journal of International Business Studies, Palgrave Macmillan, vol. 8(1), pages 23-32, March.
    2. Lianxi Zhou & Wei-ping Wu & Xueming Luo, 2007. "Internationalization and the performance of born-global SMEs: the mediating role of social networks," Journal of International Business Studies, Palgrave Macmillan, vol. 38(4), pages 673-690, July.
    3. Madsen, Tage Koed & Servais, Per, 1997. "The internationalization of Born Globals: An evolutionary process?," International Business Review, Elsevier, vol. 6(6), pages 561-583, December.
    4. Sharma, D. Deo & Blomstermo, Anders, 2003. "The internationalization process of Born Globals: a network view," International Business Review, Elsevier, vol. 12(6), pages 739-753, December.
    5. Terence Fan & Phillip Phan, 2007. "International new ventures: revisiting the influences behind the ‘born-global’ firm," Journal of International Business Studies, Palgrave Macmillan, vol. 38(7), pages 1113-1131, December.
    6. Otto Andersen, 1993. "On the Internationalization Process of Firms: A Critical Analysis," Journal of International Business Studies, Palgrave Macmillan, vol. 24(2), pages 209-231, June.
    7. Gabrielsson, Mika & Manek Kirpalani, V. H., 2004. "Born globals: how to reach new business space rapidly," International Business Review, Elsevier, vol. 13(5), pages 555-571, October.
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