Title: Internationalisation, risk-taking and export compliance: a comparative study between economically advanced and developing country
Authors: Vahid Jafari-Sadeghi
Addresses: School of Strategy and Leadership, Coventry University, William Morris Building, Gosford Street, Coventry, CV1 5DL, UK
Abstract: The global economy involves enormous internationalisation activities that provide untapped opportunities for entrepreneurs and businesses. This research aims to explore the essence of these phenomena in the international business economy and investigate the consequence of the failure to comply with the international regulations as the potential risk that firms might face in their global activities. Similarly, this paper aims to explore the risk-taking practices of small ventures in Italy and Iran. Consequently, the methodology of this paper relies on the multiple case studies, in which the data were gathered through conducting interviews with the CEO/s managers of small and medium-sized enterprises (SMEs) in Italy and Iran. The result of this study compares Italian versus Iranian businesses in regards to the concept of risk-taking and export compliance and introduces the context-based, universal and ineffective factors.
Keywords: internationalisation; export compliance; risk-taking; case study; Iran.
DOI: 10.1504/IJESB.2021.115881
International Journal of Entrepreneurship and Small Business, 2021 Vol.43 No.3, pp.384 - 410
Received: 22 Jan 2019
Accepted: 30 Jan 2019
Published online: 05 Jul 2021 *