NEW TRENDS IN INTERNATIONAL ENTREPRENEURSHIP: INSIGHTS FROM CONTEMPORARY TURKISH FIRMS INCLUDING BORN GLOBALS

Year 2015, Volume: 7 Issue: 2, 16 - 31, 01.12.2015

Sinan Nardalı

Abstract

Academic literature has examined phenomenon of entrepreneurship more than two decades and this phenomenon associated with entrepreneurial activity. OECD defines the entrepreneurial activity as the enterprising human action in pursuit of the generation of value, through the creation or expansion of economic activity, by identifying and exploiting new products, process or markets. Present study analyses international entrepreneurship in the lights of contemporary Turkish firms including born globals. We used case studies and literature review to better understand the early internalization phenomenon and provide useful information about international success of Turkish firms. Six of the considered firms are web based technology companies and most of them have born global firms’ features. The findings indicated that majority of the firms are technology companies and they had a strong international outlook and international entrepreneurial orientation and they possess a strong entrepreneurial mindset

Keywords

Entrepreneurship, Born Globals, Turkish Firms

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