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Surprisingly, factors that the literature has traditionally suggested as important sources of knowledge about international markets (i.e. foreign education, proficiency in foreign languages, and foreign residency) did not lead to opportunity recognition in the specific countries where the founders and members of the firm had prior histories. However, these factors had a more general influence on the level of international entrepreneurial alertness, willingness and ability to. [more]
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The founder of the firm in Case 6 had extensive prior international and technical knowledge but was not able to find international opportunities it seems due to over cautiousness. This is further discussed below. https://www.aceessays.com/the-influence-of-genre-and-practice-on-literary-creation.html. [more]
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As many researchers have noted, small firms generally lack resources to aid their internationalisation. Social interaction which takes place in the social relationships between individuals can be seen as a channel for resource flows, especially information exchange. Social relationships can be usefulin getting access to the resources which are critical in the early stages of internationalisation, i.e. information about foreign business opportunities or potential. [more]
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