Feature of the Month : Global Entrepreneurship

Every business, even the largest companies in the world, start from small beginnings. Entrepreneurs possess the ability to dramatically transform economies by creating new job opportunities and providing innovative ideas for the foundation of growth. Despite technological advancements and growing financial markets, one of the toughest challenges facing entrepreneurs is acquiring capital funds to start a business. Most entrepreneurs look domestically for start-up funds and loans. However, if large corporations can tap into the resources provided by international markets, why can’t small start-up businesses do the same?

In today’s globalized marketplace, entrepreneurs have the opportunity to look abroad for investors with relative ease. Angel investors provide capital for start-up businesses and these investors have already developed networks at both the global and local levels. Globalization has created a capital market that can be accessed by entrepreneurs from virtually anywhere around the world. Entrepreneurs need funds as they are responsible for driving energy, innovation, and opportunity into the global economy. With the advantages created by globalization, entrepreneurial activities can continue to flourish.

To read more about global entrepreneurship, check out our new blog series at globalEDGE!

Featured Resources

Global Entrepreneurship Monitor: National Reports
Global Entrepreneurship Monitor (GEM) is a not-for-profit research program that focuses on providing data on entrepreneurial activity for over 70 countries. The site includes research and publications on a number of different topics, and through its National Reports, GEM gives country-specific entrepreneurial information on an annual basis.
Category: Multi-Country

Botswana: The Citizen Entrepreneurial Development Agency (CEDA)
CEDA is an organization that aims to promote and support citizen entrepreneurship and offers financial and technical support for business development. Objectives include improving access to international markets and promoting investment and expansion into foreign markets.  The site includes a detailed Products & Services section, a News Archive, and a Corporate Profile.
Category: Countries

Featured Academy

International Entrepreneurship
The module on international entrepreneurship is helpful for understanding the forces that make it possible for entrepreneurs to rapidly internationalize. This module will discuss the drivers of international new venture creation, the technology associated with new venture creation, as well as the barriers and incentives.
Category: Entrepreneurship

Identifying and Measuring Drivers of Global Entrepreneurship
This module on identifying and measuring drivers of global entrepreneurship is helpful in understanding some of the emerging trends in practices and business models of international new ventures.
Category: Entrepreneurship

Michigan State University Entrepreneurship Resource

Demmer Center for Business Transformation at Michigan State University
Through a significant gift, the Michigan State University Broad College of Business has established the John and Marnie Demmer Center for Business Transformation to aid Michigan manufacturing businesses in becoming domestically and globally competitive. This will allow manufacturing business in Michigan to reach new foreign markets and enhance their access to Broad College of Business expertise. The Demmer Center, housed within the Broad College’s Institute for Entrepreneurship and Innovation, draws upon the research of Broad College faculty and the talents of their students to transform small businesses into strong competitors in the global marketplace.