International entrepreneurship

1. INTERNATIONAL
ENTREPRENEURSHIP
&
GOING GLOBAL

2. • International Entrepreneurship :
– An Entrepreneurship doing business across his or
her national boundary
• Things Should Be Considered :
– How is managing international business diffrent
from domestic business ?
– What are the strategic issues to be resolved in
going global ?
– What are the options available for engaging in
international business ?
– How should one access the decission to enter into
international market ?

3. GE = PL + E + DC + C1+ C2 + C3
GE = Global Entrepreneurship
PL = Political and Legal Environment
E = Economics (Stage of Economic Development,
Balance of Payments, Type of System)
DC = Distribution Channel
C1 = Culture (Culture, Social, Technological, Religion,
Education, Philosophy, Manners & customs)
C2 = Communication
C3 = Change

4. • Barriers to International Trade &
Entrepreneur’s Strategy

5. Motivation for Going Global
• Profits
• Competitive Pressure
• Unique Products or Services
• Excess Product Capacity
• Declining Home Country Sales
• Unique Market Opportunity
• Economic of Scale
• Technological Advantage
• Tax Benefits

6. Entrepreneurial Entry Strategy
• ExportingContracts
• Turn Key Contracts
• Licensing
• Franchising
• Joint Venture
• Wholly Owned Susidiaries