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International Business, Entrepreneurship and the Global Economy

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Abstract

In the opening pages of the New York Times bestseller, The World is Flat, Thomas Friedman (2005, 12–15) recounts the story of Rao, a Mumbai native who founded an India-based accounting firm which performs accounting work for American firms. Rao and the millions of other “international entrepreneurs” around the world who do business across national borders have captured the interest of business and government leaders, as well as scholars across a broad range of disciplines, including international business, management, economics, geography, sociology, and entrepreneurship.

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Notes

  1. 1.

    This definition was broadened from an earlier definition (McDougall, 1989: 387–399): “the development of international new ventures or start-ups that, from their inception, engage in international business, thus viewing their operating domain as international from the initial stages of the firm’s operation.”

  2. 2.

    See http://www.doingbusiness.org

  3. 3.

    Information about these datasets can be found at: http://www.ec.europa.eu/enterprise/policies/sme/facts-figures-analysis/sme-observatory/index_en.htm and http://www.oecd.org/document/0/0,3343,en_2649_34233_39149504_1_1_1_1,00.html

  4. 4.

    Intermediation is central to entrepreneurship: the term “entrepreneur” stems from the French verb “entreprendre” derived from “entre” (between) and “prendre” (to take) and has long been used to describe individuals who are “in the middle” of business activities.

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Correspondence to Siri A. Terjesen .

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Terjesen, S.A., Acs, Z.J., Audretsch, D.B. (2010). International Business, Entrepreneurship and the Global Economy. In: Acs, Z., Audretsch, D. (eds) Handbook of Entrepreneurship Research. International Handbook Series on Entrepreneurship, vol 5. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-1191-9_16

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