Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies

Maktoba Omar, Sonny Nwankwo, Richards Darlington

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

There is substantial research to indicate that a correlation exists between the firm-specific characteristics of multi-national corporations (MNC’s) and the mode of entry selected for involvement in overseas markets. Equally there is evidence to suggest that the level of involvement is related to specific prevailing factors in the host markets. Given the importance of such involvement to international development this paper considers the extent to which the nature of entry to overseas markets is predicated upon the existence of specific variables related to both the firm and the host markets.

Regression analysis models were used to test the relationship between independent variables related to the firm, the host markets and the level of involvement. The paper concludes that there are strong positive relationships between competition, the degree of standardisation, the extent of market research, political risk and negative relationships with individualism and power distance in relation to the level of involvement.
Original languageEnglish
Title of host publicationWorld Sustainable Development Outlook 2006
Subtitle of host publicationGlobal and Local Resources in Achieving Sustainable Development
EditorsAllam Ahmed
Place of PublicationSwitzerland
PublisherIGI Global
Pages371-380
Number of pages9
ISBN (Electronic)0-907776-28-0
ISBN (Print)0-907776-29-9
Publication statusPublished - 2006

Publication series

NameGlobalisation, Technology and Sustainable Development Book Series
PublisherIGI Global
ISSN (Print)1748-8133

Fingerprint

International entrepreneurship
Multinational corporations
Political risk
Specific factors
Power distance
Standardization
International development
Mode of entry
Regression analysis
Firm-specific characteristics
Market research
Individualism

Keywords

  • Sustainable development
  • Global economic conditions
  • Economic policy
  • Economic hypotheses
  • Multinational corporations

Cite this

Omar, M., Nwankwo, S., & Darlington, R. (2006). Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies. In A. Ahmed (Ed.), World Sustainable Development Outlook 2006: Global and Local Resources in Achieving Sustainable Development (pp. 371-380). (Globalisation, Technology and Sustainable Development Book Series). Switzerland: IGI Global.

Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies. / Omar, Maktoba; Nwankwo, Sonny; Darlington, Richards.

World Sustainable Development Outlook 2006: Global and Local Resources in Achieving Sustainable Development. ed. / Allam Ahmed. Switzerland : IGI Global, 2006. p. 371-380 (Globalisation, Technology and Sustainable Development Book Series).

Research output: Chapter in Book/Report/Conference proceedingChapter

Omar, M, Nwankwo, S & Darlington, R 2006, Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies. in A Ahmed (ed.), World Sustainable Development Outlook 2006: Global and Local Resources in Achieving Sustainable Development. Globalisation, Technology and Sustainable Development Book Series, IGI Global, Switzerland, pp. 371-380.
Omar M, Nwankwo S, Darlington R. Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies. In Ahmed A, editor, World Sustainable Development Outlook 2006: Global and Local Resources in Achieving Sustainable Development. Switzerland: IGI Global. 2006. p. 371-380. (Globalisation, Technology and Sustainable Development Book Series).
Omar, Maktoba ; Nwankwo, Sonny ; Darlington, Richards. / Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies. World Sustainable Development Outlook 2006: Global and Local Resources in Achieving Sustainable Development. editor / Allam Ahmed. Switzerland : IGI Global, 2006. pp. 371-380 (Globalisation, Technology and Sustainable Development Book Series).
@inbook{64f6c6d09d8046ad9a3b27a4041098c2,
title = "Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies",
abstract = "There is substantial research to indicate that a correlation exists between the firm-specific characteristics of multi-national corporations (MNC’s) and the mode of entry selected for involvement in overseas markets. Equally there is evidence to suggest that the level of involvement is related to specific prevailing factors in the host markets. Given the importance of such involvement to international development this paper considers the extent to which the nature of entry to overseas markets is predicated upon the existence of specific variables related to both the firm and the host markets. Regression analysis models were used to test the relationship between independent variables related to the firm, the host markets and the level of involvement. The paper concludes that there are strong positive relationships between competition, the degree of standardisation, the extent of market research, political risk and negative relationships with individualism and power distance in relation to the level of involvement.",
keywords = "Sustainable development, Global economic conditions, Economic policy, Economic hypotheses, Multinational corporations",
author = "Maktoba Omar and Sonny Nwankwo and Richards Darlington",
year = "2006",
language = "English",
isbn = "0-907776-29-9",
series = "Globalisation, Technology and Sustainable Development Book Series",
publisher = "IGI Global",
pages = "371--380",
editor = "Allam Ahmed",
booktitle = "World Sustainable Development Outlook 2006",

}

TY - CHAP

T1 - Do not Do What the Romans Do, Determinants of International Entrepreneurship of UK Companies

AU - Omar, Maktoba

AU - Nwankwo, Sonny

AU - Darlington, Richards

PY - 2006

Y1 - 2006

N2 - There is substantial research to indicate that a correlation exists between the firm-specific characteristics of multi-national corporations (MNC’s) and the mode of entry selected for involvement in overseas markets. Equally there is evidence to suggest that the level of involvement is related to specific prevailing factors in the host markets. Given the importance of such involvement to international development this paper considers the extent to which the nature of entry to overseas markets is predicated upon the existence of specific variables related to both the firm and the host markets. Regression analysis models were used to test the relationship between independent variables related to the firm, the host markets and the level of involvement. The paper concludes that there are strong positive relationships between competition, the degree of standardisation, the extent of market research, political risk and negative relationships with individualism and power distance in relation to the level of involvement.

AB - There is substantial research to indicate that a correlation exists between the firm-specific characteristics of multi-national corporations (MNC’s) and the mode of entry selected for involvement in overseas markets. Equally there is evidence to suggest that the level of involvement is related to specific prevailing factors in the host markets. Given the importance of such involvement to international development this paper considers the extent to which the nature of entry to overseas markets is predicated upon the existence of specific variables related to both the firm and the host markets. Regression analysis models were used to test the relationship between independent variables related to the firm, the host markets and the level of involvement. The paper concludes that there are strong positive relationships between competition, the degree of standardisation, the extent of market research, political risk and negative relationships with individualism and power distance in relation to the level of involvement.

KW - Sustainable development

KW - Global economic conditions

KW - Economic policy

KW - Economic hypotheses

KW - Multinational corporations

M3 - Chapter

SN - 0-907776-29-9

T3 - Globalisation, Technology and Sustainable Development Book Series

SP - 371

EP - 380

BT - World Sustainable Development Outlook 2006

A2 - Ahmed, Allam

PB - IGI Global

CY - Switzerland

ER -