The document is a study guide for an exam on international entrepreneurship. It lists several topics to be covered, including the differences between international new ventures and large multinational companies, how globalization and technology affect entrepreneurship, assessing global business environments and opportunities, and cross-cultural aspects of international business. Cultural factors, political and legal systems, and challenges such as currency exchange rates that international entrepreneurs face are also addressed.

1. i need answers for study guide for international entrepreneurship
entrepreneurship question and need support to help me learn.
i will attach the study guide and the docs you need to answer it .book name is international
entrepreneuship by robert
Requirements: normal not long | .doc file
International Entrepreneurship (MGT 422)
MIDTERM Exam Study Guide
You should be able to answer questions related to the following areas:
International vs. Domestic Entrepreneurship
What is international entrepreneurship and why is it important?
What are the characteristics of INVs/Born global firms?
What types of INVs are there?
How are INVs different from large companies (MNCs) and SMEs?
What are the main components of international entrepreneurship process?
How does globalization affect entrepreneurship? Why are we seeing more INVs now than
ever before?
How does technology affect international entrepreneurship?
What is the paradox of the flattening world?
What are regional clusters and how do they impact international entrepreneurship
Global Environment and Entrepreneurship
What are the key components of formal institutional environment and how do they impact
entrepreneurs that do business internationally?
Political (How do countries differ in terms of their political systems? What does it mean for
U.S entrepreneurs to operate in politically different systems?)
Economic (How do countries differ in terms of their economics systems? What does it mean
for U.S entrepreneurs to operate in economically different systems? What is WTO? What
implications does global and regional economic integration have for entrepreneurs?)
Legal (How do countries differ in terms of their legal systems? What does it mean for U.S
entrepreneurs who operate in countries with different legal systems?)
Financial (How do countries differ in terms of their financial systems?)
Global monetary system
What is foreign exchange rate and how does it impacts international entrepreneurs?
What makes one currency appreciate/depreciate vis-à-vis another currency?

2. What are common strategies used by international entrepreneurs to deal with foreign
exchange risk?
International legal concerns
What are the main forms of IP and how can an entrepreneur protect IP in other countries?
What is WIPO and PCT? What are the two stages of filing for an international patent? What
should entrepreneurs consider in deciding whether to file for international IP protection?
What is different about writing and enforcing business contracts outside of the US?
Foreign Corrupt Practices Act of 1977 – how does it impact international entrepreneurs?
What are the implications of corruption for international entrepreneurs?
Raising funds internationally
What are the key sources of funding for entrepreneurs around the world? What are the key
factors considered in attracting funding?
How does venture capital (VC) vary around the world? What is crowdfunding and how
diffused is it around the world?
Cross-cultural aspect of international entrepreneurship (informal institutional
environment)
What is culture and its determinants? How does it affect entrepreneurship?
How do Hofstede cultural dimension impact entrepreneurship and business practices
around the word?
What is the role of context in cross-cultural communication?
What is cultural sensitivity and how does it develop?
International Business Opportunities
What are the key components of search for international business opportunities?
How does networking (social capital) affect international entrepreneurship (e.g. generation
of new business opportunities/deals/sales)?
How can one quickly assess attractiveness of international business opportunity (e.g. 3Ms
rule of thumb)
What are the components of a deeper opportunity analysis on the following levels:
Country
Industry
Market
Financial
What are the common challenges in collecting data on international opportunities and ways
of dealing with them?
Comparative Issues in international entrepreneurship
What are some of the main findings of the GEM study?
What are the key factors affecting venturing in other countries? (Understand and be able to
discuss each of them.)
Venturing in Developed vs. Emerging Economies
How do the entrepreneurial ecosystems in advanced economies compare and contrast to
those developing/emerging economies? What implications do the differences have for
viable business models (i.e. Silicon Valley Model vs. Resilience-based Model)?
What is the nature of opportunities in developed vs. emerging economies?

3. How do entrepreneurs in developing countries cope with adverse conditions for
entrepreneurship?
How can entrepreneurs from other countries take advantage of opportunities in emerging
markets?
What are principles underlying successful venturing aimed at the Bottom of the Pyramid?