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Actors of the innovation-friendly external business environment in Lithuania, promoting the emergence of the “Born Global” companies
Ist Teil von
Verslas: teorija ir praktika, 2011-11, Vol.12 (4), p.303
Ort / Verlag
Vilnius: Vilnius Gediminas Technical University
Erscheinungsjahr
2011
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
The article seeks to identify the external business environment factors affecting today’s global business, “Born Global”, as a whole. It was found that the main features of the distinctness of these companies are their rapid internationalization, innovation management, and entrepreneurship. Further, the article explores the characteristics of the external business environment, which encourage innovation and are favourable to the performance of the “Born Global” companies. A review of theoretical sources identifies 16 of these external business environment characteristics. 50 interviews with Lithuanian “Born Global” companies have confirmed that all the identified characteristics of the external business environment, leading to innovation, promote Lithuanian “Born Global” companies, but only three of them are specific to the external business environment in Lithuania.