Globalization as Catalyst for International Entrepreneurship

Abstract

Entrepreneurship play significant role on the social and economic development of nations across the globe. However, its influence varies across nations based on the level on entrepreneurial pedagogy and application of innovativeness. Thus, the influence of globalization assuages the barrier entrepreneurs are confronted with in reaching the global market. This research titled; Globalization and International Entrepreneurship is carried out to specifically examine the extent to which globalization has influenced international entrepreneurship. Again, the theoretical postulations of entrepreneurship were chronicled and how such theories have propelled entrepreneurial activities cross the globe. The research after critical review of several theories explored the Resource Based View (RBV) theory based on its practical application and relevance to the study. The research adopted a qualitative approach and submitted that globalization has been able to influence entrepreneurial ventures and that such has significantly driven entrepreneurial prosperity across nations of the world. Again, innovativeness has greatly induced international entrepreneurship in the 21^st century. The study therefore recommends that International Organizations such as the World Bank, International Monetary Fund’s as well as other Continental economic bodies intensify effort in sustaining trans-border entrepreneurial ventures. More so, both tie and untied economic aids be improve especially with the view to strengthening developing economies thereby enhancing their economic potentials to be able to access equal opportunities to complete favourably in the global market.