Exam 20: International Entrepreneurship

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Generally speaking, high individualism and low uncertainty avoidance encourage entrepreneurial activity, especially when opportunity based.

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_______________ entrepreneurship looks at entrepreneurial activities that leverage national differences in environment and resources.

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The study of international entrepreneurship consists of two thrusts, cooperative and cross border.

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Which of the comparative phases has the following function: The opportunity cost in the market of an entrepreneur is a product of culture and institutions?

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_______________ entrepreneurship examines the variation in entrepreneurship rates and patterns across nations; it also looks at the underlying reasons for the variation.

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Countries vary on the environmental characteristics that are considered conducive to entrepreneurial activity, in entrepreneurial motivation. Which of the following is correct?

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The ____________ refer to as "a business organization that, from inception, seeks to derive significant competitive advantage from the use of resources and the sale of outputs in multiple countries.

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International entrepreneurship covers the similarities and differences in entrepreneurial environments, capabilities, and motivations across countries.

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The _____________ phase is a product of local ecology - namely, the availability and specificity of the resources available in a given national environment, which assists entrepreneurs in taking advantage of available opportunities.

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The "born global" or "international new venture" (INV) refer to "a business organization that, from inception, seeks to derive minimum competitive advantage from the use of resources and the sale of outputs in multiple countries."

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Venture-creation decision was found to correlate with cultural dimensions in another study using a cognitive approach.

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Within which of the following phases, entrepreneurs are motivated to develop role structure, satisfaction, and division of labor?

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Firms from ______________ cultures tended to avoid technological alliances altogether.

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Small firms are much more likely to engage in _________ than undertake foreign direct investment, a result mostly of their limited resources.

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Exploitation covers the question of who discovers the entrepreneurial opportunities; which is mostly a function of the role of different social groups in the society and economy of a particular country.

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Governments have realized that entrepreneurial firms are a major source of economic growth, jobs, and competitive advantage and have been trying to form an environment conducive to their formation and prosperity.

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The traits identified as related to entrepreneurial potential are internal locus of control, moderate risk-taking propensity, and low-energy level.

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Cross-border entrepreneurship looks at entrepreneurial activities that leverage local differences in environment and resources.

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Microsoft has formed a venture capital branch, seeking to identify and invest in technology start-ups overseas. This is an example of ___________ entrepreneurship.

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One study found that firms from individualistic, certainty-tolerant cultures relied less on alliances in the technology area.

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