IDEAS home Printed from https://ideas.repec.org/a/spr/joiaen/v7y2018i1d10.1186_s13731-018-0093-4.html
   My bibliography  Save this article

Effects of international marketing environments on entrepreneurship development

Author

Listed:
  • M. E. Agwu

    (Pan-Atlantic University)

  • H. N. Onwuegbuzie

    (Pan-Atlantic University)

Abstract

Entrepreneurs all over the world seek ways of introducing their products to international markets; unfortunately, the international marketing environment poses a lot of opportunities and threats to foreign entrants. The cultural, political, and technological environments act as determinant factors in entrepreneurial success in global markets. This study aims to unravel the effects of these international marketing environments on entrepreneurial developments. The study being descriptive and historical relied heavily on secondary sources of information. Analysis revealed that the PESTEL and other human factors have significant impacts on business transactions. Furthermore, the political systems and governmental regulations on business dealings have a lot to do with entrepreneurial success in the international arenas. The study recommends the establishment of a supportive governmental framework to serve as a platform for the willing entrepreneurs to succeed in the international markets.

Suggested Citation

  • M. E. Agwu & H. N. Onwuegbuzie, 2018. "Effects of international marketing environments on entrepreneurship development," Journal of Innovation and Entrepreneurship, Springer, vol. 7(1), pages 1-14, December.
    • Handle: RePEc:spr:joiaen:v:7:y:2018:i:1:d:10.1186_s13731-018-0093-4
    DOI: 10.1186/s13731-018-0093-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s13731-018-0093-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1186/s13731-018-0093-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ute Stephan & Lorraine M Uhlaner & Christopher Stride, 2015. "Institutions and social entrepreneurship: The role of institutional voids, institutional support, and institutional configurations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 46(3), pages 308-331, April.
    2. Robert C. Feenstra & Gordon H. Hanson, 2005. "Ownership and Control in Outsourcing to China: Estimating the Property-Rights Theory of the Firm," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(2), pages 729-761.
    3. Erkko Autio, 2005. "Creative tension: the significance of Ben Oviatt's and Patricia McDougall's article ‘toward a theory of international new ventures’," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 36(1), pages 9-19, January.
    4. Jan Johanson & Jan-Erik Vahlne, 1977. "The Internationalization Process of the Firm—A Model of Knowledge Development and Increasing Foreign Market Commitments," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 8(1), pages 23-32, March.
    5. Greenaway, David & Gullstrand, Joakim & Kneller, Richard, 2008. "Surviving globalisation," Journal of International Economics, Elsevier, vol. 74(2), pages 264-277, March.
    6. Peter van der Zwan & Roy Thurik & Isabel Grilo, 2010. "The entrepreneurial ladder and its determinants," Applied Economics, Taylor & Francis Journals, vol. 42(17), pages 2183-2191.
    7. Lim, Dominic S.K. & Oh, Chang Hoon & De Clercq, Dirk, 2016. "Engagement in entrepreneurship in emerging economies: Interactive effects of individual-level factors and institutional conditions," International Business Review, Elsevier, vol. 25(4), pages 933-945.
    8. André Stel, 2006. "Empirical Analysis of Entrepreneurship and Economic Growth," International Studies in Entrepreneurship, Springer, number 978-0-387-29419-3, December.
    9. Melissa S. Cardon & Colleen P. Kirk, 2015. "Entrepreneurial Passion as Mediator of the Self–Efficacy to Persistence Relationship," Entrepreneurship Theory and Practice, , vol. 39(5), pages 1027-1050, September.
    10. Davis, Blakley C. & Hmieleski, Keith M. & Webb, Justin W. & Coombs, Joseph E., 2017. "Funders' positive affective reactions to entrepreneurs' crowdfunding pitches: The influence of perceived product creativity and entrepreneurial passion," Journal of Business Venturing, Elsevier, vol. 32(1), pages 90-106.
    11. Peter Zwan & Roy Thurik & Ingrid Verheul & Jolanda Hessels, 2016. "Factors influencing the entrepreneurial engagement of opportunity and necessity entrepreneurs," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 273-295, December.
    12. Wennekers, Sander & Thurik, Roy, 1999. "Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
    13. Peter Zwan & Roy Thurik & Ingrid Verheul & Jolanda Hessels, 2016. "Erratum to: Factors influencing the entrepreneurial engagement of opportunity and necessity entrepreneurs," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 297-297, December.
    14. Murnieks, Charles Y. & Cardon, Melissa S. & Sudek, Richard & White, T. Daniel & Brooks, Wade T., 2016. "Drawn to the fire: The role of passion, tenacity and inspirational leadership in angel investing," Journal of Business Venturing, Elsevier, vol. 31(4), pages 468-484.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oleksiuk Adam & Pleśniak Agnieszka, 2022. "Environment Characteristics and Internationalization of SMEs: Insights from a Polish and Finnish Sample," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 30(3), pages 175-194, September.
    2. Michal Lukáč & Katarína Stachová & Zdenko Stacho & Gabriela Pajtinková Bartáková & Katarína Gubíniová, 2021. "Potential of Marketing Communication as a Sustainability Tool in the Context of Castle Museums," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
    3. Lázaro Florido-Benítez & Ignacio Aldeanueva Fernández, 2022. "Fusing International Business and Marketing: A Bibliometric Study," Administrative Sciences, MDPI, vol. 12(4), pages 1-26, November.
    4. Václav Kupec & Michal Lukáč & Peter Štarchoň & Gabriela Pajtinková Bartáková, 2020. "Audit of Museum Marketing Communication in the Modern Management Context," IJFS, MDPI, vol. 8(3), pages 1-13, July.
    5. Rabinder Singh & Rajani Kumari Sarangal & Gurmeet Singh, 2022. "The Impact of Micro and Macro Environment on Entrepreneurial Success: Case of J&K MSMEs," FIIB Business Review, , vol. 11(1), pages 94-106, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Abdella Kosa & Idris Mohammed, 2017. "Uncovering the backings to passion: why do small firm owners/managers engage in entrepreneurship?," Journal of Innovation and Entrepreneurship, Springer, vol. 6(1), pages 1-13, December.
    2. Jolanda Hessels, 2008. "International Entrepreneurship: An Introduction, Framework and Research Agenda," Scales Research Reports H200823, EIM Business and Policy Research.
    3. Jolanda Hessels & André Stel, 2011. "Entrepreneurship, export orientation, and economic growth," Small Business Economics, Springer, vol. 37(2), pages 255-268, September.
    4. JIMOH, Tajudeen Adisa & ADEBAYO, Adewale Bashir, 2021. "Motivation for Entrepreneurial Engagement among Youths in Ogun State: Push and Pull Factors Analysis," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(12), pages 534-540, December.
    5. Boss, Alan D. & Yan, Jiaju & Reger, Rhonda K., 2023. "Keep on keeping on: A psychological approach to entrepreneurial persistence," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    6. Warnick, Benjamin J. & Davis, Blakley C. & Allison, Thomas H. & Anglin, Aaron H., 2021. "Express yourself: Facial expression of happiness, anger, fear, and sadness in funding pitches," Journal of Business Venturing, Elsevier, vol. 36(4).
    7. Stevenson, Regan & Allen, Jared & Wang, Tang, 2022. "Failed but validated? The effect of market validation on persistence and performance after a crowdfunding failure," Journal of Business Venturing, Elsevier, vol. 37(2).
    8. Amirmahmood Amini Sedeh & Amir Pezeshkan & Rosa Caiazza, 2022. "Innovative entrepreneurship in emerging and developing economies: the effects of entrepreneurial competencies and institutional voids," The Journal of Technology Transfer, Springer, vol. 47(4), pages 1198-1223, August.
    9. Federico Vegetti & Dragoş Adăscăliţei, 2017. "The impact of the economic crisis on latent and early entrepreneurship in Europe," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1289-1314, December.
    10. José Ernesto Amorós & Carlos Poblete & Vesna Mandakovic, 2019. "R&D transfer, policy and innovative ambitious entrepreneurship: evidence from Latin American countries," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1396-1415, October.
    11. Kamran Hameed & Noman Arshed & Kenneth A. Grant & Mubbasher Munir & Osama Aziz, 2023. "Forces of Dynamic Capability and Incidence of Entrepreneurship: A Macroeconomic Policy Intervention Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(4), pages 3573-3597, December.
    12. Warnick, Benjamin J. & Murnieks, Charles Y. & McMullen, Jeffery S. & Brooks, Wade T., 2018. "Passion for entrepreneurship or passion for the product? A conjoint analysis of angel and VC decision-making," Journal of Business Venturing, Elsevier, vol. 33(3), pages 315-332.
    13. Susan L Young & Christopher Welter & Michael Conger, 2018. "Stability vs. flexibility: The effect of regulatory institutions on opportunity type," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(4), pages 407-441, May.
    14. Cardon, Melissa S. & Glauser, Michael & Murnieks, Charles Y., 2017. "Passion for what? Expanding the domains of entrepreneurial passion," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 24-32.
    15. David Urbano & Sebastian Aparicio & David Audretsch, 2019. "Twenty-five years of research on institutions, entrepreneurship, and economic growth: what has been learned?," Small Business Economics, Springer, vol. 53(1), pages 21-49, June.
    16. Allison, Thomas H. & Warnick, Benjamin J. & Davis, Blakley C. & Cardon, Melissa S., 2022. "Can you hear me now? Engendering passion and preparedness perceptions with vocal expressions in crowdfunding pitches," Journal of Business Venturing, Elsevier, vol. 37(3).
    17. Marco Caliendo & Alexander S. Kritikos & Claudia Stier, 2023. "The influence of start-up motivation on entrepreneurial performance," Small Business Economics, Springer, vol. 61(3), pages 869-889, October.
    18. Oleksiuk Adam & Pleśniak Agnieszka, 2022. "Environment Characteristics and Internationalization of SMEs: Insights from a Polish and Finnish Sample," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 30(3), pages 175-194, September.
    19. D’Angelo, Alfredo & Presutti, Manuela, 2019. "SMEs international growth: The moderating role of experience on entrepreneurial and learning orientations," International Business Review, Elsevier, vol. 28(3), pages 613-624.
    20. Miguel A. Hernandez, 2019. "Unveiling International New Ventures’ Success: Employee’s Entrepreneurial Behavior," Administrative Sciences, MDPI, vol. 9(3), pages 1-32, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joiaen:v:7:y:2018:i:1:d:10.1186_s13731-018-0093-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.