International Entrepreneurship

International entrepreneurship, by definition, is cross-border entrepreneurial operation. Although international entrepreneurshipInternational entrepreneurship is presently a popular topic and a research area, it has been a prominent phenomenon throughout the past half a millennium. International entrepreneurship can be broadly defined as internationalizationInternationalization of domestic business. Internationalization creates multinational company. Every internationalized venture is not defined as multinational company because internationalization takes different administrative styles. Accordingly, multinational companies are identified as Multinational CorporationMultinational Corporation, International CorporationInternational Corporation, Global CorporationGlobal Corporation, or Transnational CorporationTransnational Corporation. Despite this fact, all types of internationalized companies are popularly and generally referred to as Multinational Companies.