session 1

Question 1

2x2 Firm size vs Domestic Market size (type of internationalizer)

Answer 1

Occasional Slow

Follower Enthusiastic

Question 2

2x2 IR framework
Advantages/Forces for local responsiveness
Advantages/Forces for global
(multifocal is a mix)

+ characteristics

Answer 2

Global Transational
International Multinational

Centralized/Scale Global efficiency+flexibilty

Centralize most Decentralized, self-sufcnt
valuable resources Entrepenurial
Export knowl/capab

Question 3

The intensity of rivalry (2x2)

Answer 3

Based on (resource similarity, market commonality)

4th 3rd
2nd 1st

Question 4

7 traits of companies on the fast track to international growth

Answer 4

Global bias (leadership)
Web focus (business)
Right partners
Metrics (keeping track, keeping count)
Value opportunity
Customer first
Serious about international strategy

Question 5

Few companies actually succeed at going global. (Standler)

Basic Idea
Resources needed -> characteristic
Drivers for internationalization

Answer 5

Higher ROA on average for staying home

1. Funding
2. People
3. Products

(im)perfectly transferable

Strategic asset seeking
Market
Resource
Efficiency