Fostering entrepreneurship during international expansion:: Managing key challenges

The rapid globalization of world markets has encouraged companies of all sizes and national origins to expand internationally. To benefit from their international expansion, companies need to foster entrepreneurship throughout their operations. This article identifies several challenges companies encounter as they attempt to promote entrepreneurship and it discusses ways executives can creatively address them. The article shows how managing these challenges can encourage organizational learning of new skills, thereby giving companies new competencies that allow them to profit from expanding their international operations.