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International EntrepreneurshipInternational Entrepreneurship

OpportunitiesOpportunities

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International EntrepreneurshipInternational Entrepreneurship

Nature of International EntrepreneurshipNature of International Entrepreneurship

Importance of InternationalImportance of InternationalEntrepreneurshipEntrepreneurship

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International v. DomesticInternational v. Domestic

EntrepreneurshipEntrepreneurship

Uncontrollable FactorsUncontrollable Factors

EconomicsEconomics

Stage of DevelopmentStage of Development

Balance of paymentBalance of payment

Type of systemType of system

BarteringBartering

ThirdThird--party arrangementsparty arrangements

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International v. DomesticInternational v. Domestic

EntrepreneurshipEntrepreneurship

Uncontrollable FactorsUncontrollable Factors

PoliticalPolitical--Legal environmentLegal environment

Cultural environmentCultural environment

Technological environmentTechnological environment

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International EntrepreneurshipInternational Entrepreneurship

Strategic IssuesStrategic Issues Responsibility CentersResponsibility Centers

Stage 1Stage 1 Stage 2Stage 2

Stage 3Stage 3

Nature of PlanningNature of Planning Environmental analysisEnvironmental analysis

Strategic planningStrategic planning StructureStructure

Operational planningOperational planning

ControllingControlling

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International EntrepreneurshipInternational Entrepreneurship

Market implicationsMarket implications

Market characteristicsMarket characteristics

Market institutionsMarket institutions Industry conditionsIndustry conditions

Legal environmentLegal environment

ResourcesResources

Political environmentPolitical environment

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Entrepreneurial EntryEntrepreneurial Entry

ExportingExporting

IndirectIndirect

Export management firmsExport management firms

DirectDirect

Independent distributorsIndependent distributors

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Entrepreneurial EntryEntrepreneurial Entry

Nonequity ArrangementsNonequity Arrangements

LicensingLicensing

TurnTurn--key projectskey projects Management contractsManagement contracts

Direct Foreign InvestmentDirect Foreign Investment

Minority interestsMinority interests

Joint venturesJoint ventures

Majority interestsMajority interests

MergersMergers

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Entrepreneurial EntryEntrepreneurial Entry

Types of MergersTypes of Mergers Horizontal mergersHorizontal mergers Vertical mergersVertical mergers ProductProduct--extension mergersextension mergers MarketMarket--extension mergersextension mergers Diversified activity mergersDiversified activity mergers

SynergySynergy DefinitionDefinition CausesCauses

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International Trade IssuesInternational Trade Issues

GATTGATT

BarriersBarriers

Increasing protectionist attitudesIncreasing protectionist attitudes

Trade blocs and free trade areasTrade blocs and free trade areas

Strategy and Free Trade AreasStrategy and Free Trade Areas

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Entrepreneurial PartneringEntrepreneurial Partnering

What to look for in an internationalWhat to look for in an internationalpartner?partner?

How to find themHow to find them