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Pages:
10 pages/β‰ˆ2750 words
Sources:
2 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.K.)
Document:
MS Word
Date:
Total cost:
$ 48.6
Topic:

International Entrepreneur

Essay Instructions:

Note: Points 1-6 below are your headings. You must use subheadings when discussing different topics under the main headings.

  1. Introduction:
  • introduce international entrepreneur and international entrepreneurship and by means of both justify your choice i.e., how does your IE and their ventures match with the definitions covered. You must provide referenced definition(s) of international entrepreneurship and international entrepreneur.
  • can also briefly comment on the type/theme of IE chosen as well

 

  1. Background to the entrepreneur: entrepreneurial journey so far for both the chosen IE and their venture(s), an insight into personal and professional life, sector/size/when started?

 

  1. Drivers and motivation: for your chosen IE and their venture(s)

 

  • opportunity recognition process (opportunity driven or necessity driven) can be tied in with motivation.
  • effectuation and the 5 principles (not all 5 will apply to every IE), focus on the application of the principle(s) on your chosen IE.
  • entrepreneurial traits, (refer to lecture 1 for ideas)
  • motivation to start (can look at socio behavioral factors, push and pull motivation, personal background and lack or abundance of resources-only pick what applies to your specific IE)

 

 

  1. Barriers/enablers: for your chosen IE and their venture(s)

 

  • identify the barriers and enablers (some areas to cover can be a lack or presence of knowledge; funding, networks, trade barriers, legislation, marketing, supply chain etc.,)
  • how did they overcome problems?  Who/what helped?  Were there e.g., less, or different barriers in subsequent ventures?  (Can tie in the liability of newness among other theoretical considerations meaning how for later ventures they somewhat knew what to do). A lack or presence of an entrepreneurial ecosystem (Isenberg model) in the home country can be explored as well.  

 

  1. Type of internationalization:
  • Identify the theories used for internationalization out of the 3 main ones namely-Stages (Uppsala Model), Born Global approach or Network approach.
  • How and why did they choose this route?  Has it been successful?  Did subsequent ventures have different routes to internationalization?

 

  1. Conclusion: some brief concluding comments around where are the IE and their venture/s headed now (no suggestions or recommendations, this is about where they are now)? Any entrepreneurial lessons that can be derived from the IE and their venture/s journey as an individual and as an enterprise respectively (reference all secondary information where needed)

References: follow UUBS guide for referencing available on BBL. Make sure all secondary information is cited properly. There is no such thing as too little or too many references. If it is not yours please reference and cite.

This is where your course work should end.

Appendix: no need for an appendix, any tables, diagrams should be included within the main body and are excluded from the word count. Again, do not force tables and diagrams unless necessary.   

Submission Guidelines:

  • Please do not copy anything directly from this document as it will bring up the similarity.
    • Stay within the word limit – 3000 (+-10%) excluding any tables, diagrams, references, contents page etc.
    • Insert word count clearly on the cover page.
    • Check similarity before submission. Make sure you do this a few days in advance and not at the last minute.
    • Upload to TurnItIn as a Word document on 22nd August 2022 by 11.59 pm.
    • Arial Font 11/12 or similar, 1.5 spaced, A4. Justified text (helps the professional ‘look’ of the work and gives us space to mark/write comments!)
    • Report Format, therefore:

            Include a contents page

            Use headings/sub headings as appropriate - These should be numbered

            Page numbers must be inserted into your assignment.

            Label and include source if using tables/graphs or images

  • Be careful with spelling, grammar and referencing
  • Use credible sources (inc. relevant recent data)
  • Ensure your student number (B00) is on the cover page (it helps us identify you!)

Don’t waste words explaining the theory – apply it!  

Be clever with the word count. Cover the main headings and choose how much to write in each wisely. For one IE there will be a lot to write under one heading for another IE there will be more to write under a different heading. Therefore, we are not limiting you by giving a word count for each heading. What matters is you cover all headings with a link between theory and IE.

Essay Sample Content Preview:
International Entrepreneurship
Table of Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc111574129 \h 3Background to Entrepreneur PAGEREF _Toc111574130 \h 4Drivers and Motivation PAGEREF _Toc111574131 \h 6Opportunity Recognition Process PAGEREF _Toc111574132 \h 6Effectuation PAGEREF _Toc111574133 \h 7Entrepreneurial Traits PAGEREF _Toc111574134 \h 7Motivation to Start PAGEREF _Toc111574135 \h 8Barriers/Enablers PAGEREF _Toc111574136 \h 8Barriers and Enablers PAGEREF _Toc111574137 \h 8Overcoming Problems PAGEREF _Toc111574138 \h 9Type of Internationalization PAGEREF _Toc111574139 \h 10Theories of Internationalization PAGEREF _Toc111574140 \h 10Reasons for Selecting the Route PAGEREF _Toc111574141 \h 10Conclusion PAGEREF _Toc111574142 \h 11References PAGEREF _Toc111574143 \h 13
International Entrepreneurship
Introduction
Richard Branson has been termed a global magnate due to the size of the business empire that he has created. However, the most befitting title for him would be an internal entrepreneur who has recognized and exploited business opportunities in the international market. By definition, international entrepreneurship entails novel and innovative activities aimed at creating value and growth in business organizations that drive entrepreneurship activities across national borders (Allen, 2016). According to Tabares (2020), international entrepreneurship involves entrepreneurial behavior designed to discover, enact, evaluate, and exploit opportunities across borders. These two versions hint at the same concept, which is that international entrepreneurship is simply entrepreneurial activity conducted beyond national borders. Therefore, an individual engaging in such activities can be referred to as an international entrepreneur. Additionally, such an individual can establish new ventures or expand the existing venture into the international market. This is because types of entrepreneurship include the exportation of goods, licensing, or commencing sales offices in other countries. It must be reiterated that international entrepreneurs will exploit business opportunities found in the global marketplace.
The above definition and description of both international entrepreneurship and entrepreneur can be used to justify why Richard Branson is an international entrepreneur. Branson is the founder of Virgin Group, which is made up of over 400 companies operating across Europe, Asia, Africa, and the Americas. He started with small ventures in the UK before either expanding them into the international market or setting up new businesses designed to operate in the international market. Over 200 companies have roots in more than 30 countries, each of which has been established through innovations that have allowed the brands to cut a niche across the global economy (Williams, 2017). Overall, Branson fits the very description of an international entrepreneur in that he is involved in the identification and exploitation of business opportunities outside of the United Kingdom (UK).
It is also possible to identify the type of international entrepreneur that Branson depends on the nature of his businesses. Overall, Branson is a mix of more than one type, considering that most businesses are often semi-autonomous, which mea...
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