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International entrepreneurship in Europe  

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INTERNATIONAL ENTREPRENEURSHIP IN EUROPE 1.Introduction The rapid globalization of world markets has encouraged companies of all sizes to expand internationally. With the economy booming, the opportunities have never been better for entrepreneurs, and this wide-ranging resource offers something for business pioneers of all stripes. As defined by McDougall and Oviatt (2000), international entrepreneurship (IE) is: "a combination of innovative, proactive and risk-seeking behaviour that crosses national borders and is intended to create value in organizations". By research a lot of articles, which point out that Europe has only recently become interested in the growth of entrepreneurship. Risk taking in general is discouraged by most European cultures with business failure being considered a social disgrace. But in recent years, several changes in the social and political climate have conspired to change these traditional, security-conscious culture successful entrepreneurs, some of whom have become cultural heroes and break the stigma. This paper seeks to present an overview...

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