Technically, a born-global firm is a new venture that acts to satisfy a global product niche from day one. While various definitions of born-global firms have been proposed, this definition of born-global firms fits best with the entrepreneurship literature. This definition focuses on the creation of new ventures that are international by design and not by slow, steady emergence. Thus, when talking about born globals, the focus is on startup that start operating globally from inception and, therefore, excluding those firms that have progressively expanded domestic activities to include international activities. So within this context, please identify from the following a hallmark characteristic of a born global firm. A) Becoming an international competitor in between 5-7 years. B) From inception, seeks to derive significant competitive advantage from the use of typically knowledge-based resources and the sale of outputs in multiple countries. C)Adopting a global perspective only after it is well-established D) Exhibiting a staid, traditional culture E) Taking time to establish itself nationally before considering the idea of international business
Technically, a born-global firm is a new venture that acts to satisfy a global product niche from day one.
While various definitions of born-global firms have been proposed, this definition of born-global firms fits best with the entrepreneurship literature.
This definition focuses on the creation of new ventures that are international by design and not by slow, steady emergence.
Thus, when talking about born globals, the focus is on startup that start operating globally from inception and, therefore, excluding those firms that have progressively expanded domestic activities to include international activities.
So within this context, please identify from the following a hallmark characteristic of a born global firm.
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