Consists in trust relationships between firms and their partners, sharing knowledge that contributes to expand business out of region or international more easily.
Published in Chapter:
Entrepreneurship, Firm Internationalization and Regional Development
Tânia Gonçalves (University of Trás-os-Montes and Alto Douro, Portugal), Sofia Gouveia (CETRAD, University of Trás-os-Montes and Alto Douro, Portugal), and Mário Sérgio Teixeira (CETRAD, University of Trás-os-Montes and Alto Douro, Portugal)
Copyright: © 2016
|Pages: 27
DOI: 10.4018/978-1-4666-9567-2.ch034
Abstract
The aim of this chapter is to provide a broad understanding of the relationship between entrepreneurship, the internationalization of firms and regional development. It will present a literature review of the internationalization process, attending to related concepts and internationalization theories, and examine the traditional approach versus new patterns of internationalization. In the field of entrepreneurship it will consider the entrepreneurial orientation as a measure of a firm´s entrepreneurship and the relationship with its internationalization. In sum, this chapter aims to reach an understanding of how the entrepreneurial ecosystem, including clusters and networks, as well as entrepreneurial orientation developed by firms, contribute to internationalization of the firm, and the possible regional impacts resulting from entrepreneurship and internationalization.