Theoretical Foundations of International Entrepreneurship: International Business Studies
Both entrepreneurship and international business are fields of research that have seen an increasing number of studies during the last few decades. Entrepreneurship and international business are strictly inter-related because entering and venturing into foreign markets are viewed as entrepreneurial activities for the firm (Lumpkin and Dess, 1996; Zahra et al., 1999; Ibeh and Young, 2001; Zahra and George, 2002a). Internationalization is the growth of the firm out of its national boundaries and regards why and how growth in foreign markets happens.
KeywordsForeign Direct Investment Foreign Market Cultural Distance International Entrepreneurship Psychic Distance
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