Course overview
This course explores international opportunity identification and exploitation, an activity crucial for firm growth and survival. It focuses on skills to assess and pursue global business prospects. It also explores international entrepreneurship and innovation processes, emphasising small-to-medium enterprises (SMEs) and entrepreneurial ventures. The course places significant emphasis on effectual thinking during the international opportunity exploitation process. By focusing on micro-foundation and start-up needs, the course equips students with the expertise to excel as international entrepreneurs in the international business landscape.
Course learning outcomes
- Describe the economic importance and concepts of international entrepreneurship in theory and practice, and how entrepreneurship relates to innovation in a globalised environment
- Identify the attitudes, values, characteristics, behaviours, and processes associated with successful international entrepreneurship and describe the role of the entrepreneur in creating value with international activity
- Describe and analyse the ways in which entrepreneurs identify opportunity internationally, communicate value, manage risk and access funding
- Evaluate challenges in the application of international entrepreneurial activities arising from domestic and international legal, social, political, economic, ethical, and cultural issues and design appropriate responses to these challenges for entrepreneurial value creation
- Identify new international business opportunities for value creation
- Design ways to acquire knowledge, partnerships, and networks and build alliances for creating value internationally