Born Global Firm

Topics: Firm, Management, Entrepreneurship Pages: 2 (316 words) Published: November 3, 2011
.- What are some of the managerial characteristics of a Born Global firm? How are distinguishable from those of a traditional firm that seek to expand with a more traditional evolutionary process?

The Born Global firm phenomenon refers to those special firms that adopt an international approach right from their birth

The general characteristics of Born Global firms differentiate themselves from other multinationals in their growth stages.

Born Global firms typically operate in a narrowly defined market niche, which makes it harder to grow in a small home market. A high degree of specialization requires internationalization if the firm wants to achieve substantial growth.

Born Global firms often possess unique resources and capabilities such as entrepreneurial orientation of the founders, innovation behind products and technology, accumulated knowledge of the founders and managers from previous work experience, and networking capabilities.

Managers with a previous background of international strong activity will give to the company a more sure address to its business expansion, for this reason a high level of entrepreneurial orientation supports the firm´s ability to recognize and create opportunities at an early stage.

It can be argued that Born Global firms are typically found in niche business areas where products are unique, and require high amount of research and development like the high tech business area. It is very important to invest in products with a short life cycle and high technology sectors are characterized by this necessity of a continued innovation which can protect those firms and products from any imitation.

As for geographic locations of these Born Global firms, their headquarters can be found in various countries, such as the United States, United Kingdom, Switzerland…

Rich and large countries give birth to Born Global firms, as these countries have potential demand for unique products, plenty marketing...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Born Global Firm Essay
  • Born Global Essay
  • Essay about Born Global Firms
  • Born Global Essay
  • Born Global Company Essay
  • Essay about Global marketing in firm
  • Global Firms vs Multidomestic Firms Essay
  • Born Global Essay

Become a StudyMode Member

Sign Up - It's Free
Color Block Long Sleeve Coat | Programme de location | Different World