The purpose of the paper is to determine the extent to which entrepreneurship development, and activities are affected by financial crises. The two main questions are: What is the effect of the financial crisis on Entrepreneurship and the internationalization of the firm? How do entrepreneurs make decisions about networking during the financial crisis period while they enter foreign markets? Thus, we gain a better understanding how the characteristics of entrepreneurs affect venture internationalization especially during the financial crisis, particularly the usefulness of Social network theory and and international entrepreneurship theory. This paper respond to the calls in literature about how the entrepreneurs and his/her network relations play a role in the internationalization process during the financial crisis. The research design is a multiple-case study approach. The results show that entrepreneurs build on their previous international experience to mobilize international networks, and moreover especially during and after the financial crisis, their networks are key to drive the firm's business creation, grow and entrepreneurial success. The paper concludes by discussing managerial implications, the limitations and areas for further research.

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Kalafatoglu, Tugba; Mendoza Mayordomo, Xavier

The influence of the entrepreneur's network on the internationalization during the financial crisis: Evidence from Turkey

The purpose of the paper is to determine the extent to which entrepreneurship development, and activities are affected by financial crises. The two main questions are: What is the effect of the financial crisis on Entrepreneurship and the internationalization of the firm? How do entrepreneurs make decisions about networking during the financial crisis period while they enter foreign markets? Thus, we gain a better understanding how the characteristics of entrepreneurs affect venture internationalization especially during the financial crisis, particularly the usefulness of Social network theory and and international entrepreneurship theory. This paper respond to the calls in literature about how the entrepreneurs and his/her network relations play a role in the internationalization process during the financial crisis. The research design is a multiple-case study approach. The results show that entrepreneurs build on their previous international experience to mobilize international networks, and moreover especially during and after the financial crisis, their networks are key to drive the firm's business creation, grow and entrepreneurial success. The paper concludes by discussing managerial implications, the limitations and areas for further research.
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The influence of the entrepreneur's network on the internationalization during the financial crisis: Evidence from Turkey
Kalafatoglu, Tugba; Mendoza Mayordomo, Xavier
AIB 2016 Annual Meeting
Academy of International Business (AIB)
East Lansing (United States of America), 27/06/2016 - 30/06/2016

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