Global Firms

Question 1

Norbäck and Persson (2014) suggest that some firms are “born to be global firms,” like Google and Facebook. Others, however, sell themselves and their innovations to incumbent firms. The authors argue that both strategies can be beneficial, depending upon the market. How do the authors’ findings align with Peng’s five entrepreneurial strategies? Do Norback and Persson’s assertions complement or contradict Peng’s? What are the implications for small, new, innovative firms?

Your well-written paper should meet the following requirements:

• 4 pages in length not including the cover page and the reference page
• Support your analysis by referencing and citing at least three credible sources in addition to the course textbook.
• Use academic writing standards and APA style guidelines (attached), citing references as appropriate.

Question 2

Discussion: Network Groups, Please respond to the following:

Watch the video interview with Robert L. Johnson titled “Origins” above. Then, think of an innovative idea which you could use to start a business. Describe your innovative idea and select three (3) network groups that you consider relevant to advance your idea (e.g. personal relationships, industrial relationships, government, international, etc.) Explain the rationale for your selection (Dr. Vic: this question is very straightforward, please describe your idea – then discuss three network groups – these can be anything group that might help advance your idea, and then describe why each of these group will be beneficial to your idea. These network groups can be any group such as local media, other entrepreneurs, trade groups/associations, etc.)