Entrepreneurship and Globalisation A Literature Review

Copyright Reserved This literature review examines some of the issues of entrepreneurship as they relate to globalisation. The first major element under investigation is the relationship between small and medium sized enterprises (SMEs) and globalisation. SMEs are often characterised as being entrepreneurial, therefore much of the literature on SMEs and globalisation is relevant to entrepreneurship. The second aspect is firm internationalisation, where globalisation has forced many entrepreneurial firms to ‘go global ’ to successfully compete and survive. As the process of globalisation removes trade restrictions, new opportunities and threats present themselves to those in business. Those who choose to take up these opportunities in the form of improved productivity and increased markets can be seen as having an entrepreneurial viewpoint. By focusing new initiatives on quality and differentiation of products and services, the entrepreneur can find