European Born Globals: Job creation in young international businesses (Hardback) book cover

European Born Globals

Job creation in young international businesses

Edited by Irene Mandl, Valentina Patrini

© 2017 – Routledge

166 pages | 22 B/W Illus.

Purchasing Options:$ = USD
Hardback: 9781138713956
pub: 2017-10-06
$140.00
x
eBook (VitalSource) : 9781315231136
pub: 2017-09-22
from $54.95
$49.46


FREE Standard Shipping!

Description

In the aftermath of the global recession, job creation is a policy priority. While it is a well-accepted fact that the majority of jobs are created by small and medium-sized enterprises, not all SMEs are rapidly growing, or even intend to expand. With limited public budgets, business models within the SME population that do show high job creation potential become very attractive.

One of the business types identified as major engines of job creation are ‘born globals’ characterised as firms which engage intensively in internationalisation activities shortly after start-up. They are high on the entrepreneurship research agenda but so far little attention has been devoted to their potential as job creators, the processes they apply when hiring and the barriers they face.

Through a combination of secondary data analysis, literature reviews and international case studies, European Born Globals sheds new light on the motivations and processes of job creation in born global firms. It will contribute to understanding the ‘why’ and ‘how’ of job creation in born globals, essential not only for policy makers, but also for academic research and management education.

Reviews

Irene Mandl, a recognized leader in European Born Globals (EBGs) job creation research, has written an interesting book with Valentina Patrini, which may well start a major game change. Rapidly expanding EBG firms are markedly impacting entrepreneurial leadership thinking, and skilled personnel job creation. The authors research methodology of independently studying different EU countries shows EBGs require developmental help, and also can help growth of firms in other networks. A "must-read" that should elicit greater support and encourage multifaceted research.

Manek Kirpalani, Distinguished Professor Emeritus, John Molson School of Business, Montreal, Canada

Firms, which internationalize early and fast in their life, have been considered a challenge for international business theory and for the practice of management. Their growth also has a potential impact on economic systems and the creation of new jobs. The latter issues represent a gap in studies. This book addresses this gap and represents a relevant contribution to the field. Companies internationalizing early and fast are likely to require talents in order to develop quickly a competitive advantage. They can also stimulate the rise of other similar enterprises and encourage people to start their own international new venture. The European economy is particularly in need of new drivers of economic and social growth and this book sheds light on one the possible drivers.

Antonella Zucchella, University of Pavia, Italy and Anglia Ruskin University, Cambridge, UK

This is an important book that sheds further light on a vital phenomenon. Since we initiated the European research on the Born Global phenomenon in the mid 1990s it has been demonstrated that an increasing number of such firms are established, but our knowledge about their growth and job creations is still sparse. This book contributes new knowledge in that respect and demonstrates the importance of these firms for the economic development in Europe. It also adds to our insight into what motivates entrepreneurs to establish such firms and how different institutional settings may support their survival and growth. I welcome this book and its contribution.

Tage Koed Madsen, Professor, University of Southern Denmark, Denmark

Table of Contents

  1. Introduction
  2. SMEs and job creation in Europe
    1. Introduction
    2. Economic and labour market contribution of European SMEs
    3. Determinants of job creation in SMEs
      1. Overview
      2. Company external determinants
      3. Company internal determinants

    4. Concluding remarks: The profile of the job creating SME

  3. Born globals’ job creation dynamism – the European perspective
    1. Introduction
    2. The business model of born globals
    3. Economic and labour market contribution of born globals in Europe
    4. Drivers and constraints for job creation
    5. Processes and characteristics of job creation

  4. Job creation in Swedish born globals
    1. Introduction
    2. Sweden’s economy and international trade
    3. Born Globals in Sweden
    4. Number of employees in born global enterprises
    5. Willingness and expectation to grow
    6. Examples of Swedish born globals
      1. Axelent
      2. Camp Scandinavia
      3. Creative industries sector

    7. Discussion
    8. Managerial and policy implications

  5. Employment and job creation in born global enterprises in Austria
    1. Introduction
    2. Mapping and characterising born globals in Austria
      1. The number and share of born globals
      2. Prevalence of born globals by sector
      3. Size and workforce of born globals
      4. Innovation activity of born globals
      5. Owners and managers of born globals
      6. Growth performance of born globals

    3. Strategic orientation of born globals
    4. Types of jobs created and personnel needed by born globals
    5. Recruitment practices used
    6. Barriers to job creation and recruiting
    7. Support for recruitment and job creation
    8. Key results and policy pointers

    Annex: Further information on company case studies

  6. Estonian born globals’ job creation
    1. Introduction
    2. Literature review
      1. The literature on job creation
      2. The literature on born globals
      3. The literature on born globals as potential job creators

    3. Data and method
    4. Results
    5. Conclusion and implications

  7. Born globals and the Medical Technology cluster in the West of Ireland
    1. Introduction
    2. Literature review
      1. Cluster theory
      2. Born globals and industry clusters
      3. The cluster life cycle

    3. Irish medical technology industry
      1. The Medical Technology Cluster in the west of Ireland
      2. Indigenous entrepreneurship in the cluster

    4. Discussion
    5. Conclusions

  8. More than job creation. Employee engagement in knowledge sharing and learning advantages of newness
    1. Introduction
    2. Learning advantages of newness
    3. Employee engagement in knowledge sharing
      1. Selective recruitment
      2. Training

    4. Primary evidence from six Spanish case studies
      1. Sample
      2. Description of the jobs created
      3. Employees’ engagement in knowledge sharing
      4. Recruitment and employee engagement in knowledge sharing
      5. Training and employee engagement in knowledge sharing

    5. Conclusions: uncovering the role of human resource practices in promoting born globals’ learning advantages of newness

  9. Conclusions and policy pointers
    1. Why focusing on job creation in born globals?
    2. Development pathways of born globals
    3. Specific public support for job creation in born globals
    4. For future policy debate: Job creation by born globals

About the Editors

Irene Mandl is Head of Unit ‘Employment’ at Eurofound and has been working in policy-oriented research on employment and labour market as well as entrepreneurship for more than 15 years. Some of her major research topics refer to SMEs, internationalisation, specific forms of entrepreneurship or new forms of employment.

Valentina Patrini is a researcher at Eurofound. Valentina is mainly focusing on entrepreneurship, internationalisation and innovation and their relationship with employment and job creation. She has ten years of experience in the field of socioeconomic research, including policy evaluations and comparative studies at European level.

About the Series

Routledge Studies in International Business and the World Economy

As ever-increasing proportion of the world's business takes place across national borders, the need to understand the motive forces behind international business becomes greater. Transnationals are now, in many cases, as important as national governments in shaping trade flows and economic trends. As this series demonstrates, international business is not just the preserve of the largest companies, but impacts on all aspects of business and economic activity. This series is essential reading for policy makers as well as researchers in international business and applied international economics.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS025000
BUSINESS & ECONOMICS / Entrepreneurship
BUS035000
BUSINESS & ECONOMICS / International / General
BUS048000
BUSINESS & ECONOMICS / New Business Enterprises
BUS060000
BUSINESS & ECONOMICS / Small Business
BUS079000
BUSINESS & ECONOMICS / Government & Business