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This paper describes how a born global firm goes into international market from inception at its early years. The objective of this paper is to analyze from the resource-based theory how a born global firm engages in international market. This empirical investigation has been carried out as an explorative single-case study, a high-tech firm, Digital Partner, based in Medellin, Antioquia. The main findings of the research show that organizational capabilities based on intellectual capital are crucial for the development of a born global. Thus, capabilities such as entrepreneurship, global vision, internationally market knowledge, learning management, IT capabilities, technological innovation, collaborative work, networks and customer orientation are recurrent and they correspond to other similar research results. Contributions of the study are both academic (for the advance of the research in born global field) and practical (for the design of governmental policies to foster born global firms).

Most entrepreneurship studies have an urban focus, and it is studied mainly from the perspective of opportunity exploitation. Rural entrepreneurship presents different characteristics, and it requires analysis from a resource-based view since this kind of entrepreneurial behavior takes place in rural communities under resource constraints. The sustainable livelihood perspective represents a relevant framework in rural entrepreneurship, considering resources and capacities to face poverty in rural areas. Therefore, this study presents a literature review to identify current and emerging issues in rural entrepreneurship from a sustainable livelihood framework. The literature review identifies that the main concepts involved in rural entrepreneurship and sustainable livelihood are women, poverty alleviation, youth, social entrepreneurship, and institutions. Likewise, social capital and human capital prevail as the most relevant capitals in the analyzed documents. The study offers research opportunities in emerging issues related to social entrepreneurship, governance and institutions, livelihood growth, and eco-entrepreneurship for extending the boundaries of rural entrepreneurship from the sustainable livelihood framework.

Purpose This study aims to examine the relationship between managerial capabilities, international opportunity-driven behavior and perceived international performance at an individual-level analysis. Design/methodology/approach A conceptual model is tested using data collected from 190 managers of international ventures from Colombia, an emerging economy in Latin America. Partial least squares structural equation modeling is used to analyze the data. Findings The findings reveal that international opportunity-driven behavior of individuals becomes a mediating managerial capability to achieve international performance under evolving and changing conditions. The results show three managerial capabilities are key drivers when pursuing international opportunities. Different from what the internationalization research claims, this study reveals that some hypotheses about the relationship between some managerial capabilities and perceived international performance are not confirmed in the context of an emerging economy. Research limitations/implications The specific limitations of the study open avenues for future research. However, the authors propose five research avenues to improve the generalizability of the results. Practical implications This study provides managers, entrepreneurs and policymakers suggestions. Thus, the authors offer a repertoire of managerial capabilities that emerging market entrepreneurs should develop to pursue opportunities across borders and achieve international performance. Social implications Managers should develop social capital capabilities by establishing networks with other relevant organizations and business partners, both in the domestic and international markets, to leverage enough knowledge that helps them to overcome the liability of newness and foreignness. Originality/value This study contributes to the knowledge by examining international opportunity-driven behavior at an individual-level analysis and bringing emerging economies as new contexts that may enrich the international business and international entrepreneurship literature.

International entrepreneurship (IE) research draws on the notion that internationalization is an entrepreneurial behavior oriented to the discovery, enactment, evaluation, and exploitation of opportunities across national borders to create value and get a competitive advantage. Based on the clear emphasis on opportunity-focused behaviors, IE research has made progress and extended its domain and boundaries to an extent that the mechanisms operating throughout the international opportunity process can be described. The present chapter aims to depict antecedents, mechanisms, and outcomes of this entrepreneurial behavior oriented to the pursuit of international opportunities and it offers directions for future research. As such, the chapter makes four contributions. First, it outlines antecedents at three levels (individual, firm, and environmental) as driving aspects that lead to the international opportunity-related behavior. Second, it reveals the mechanism by which different actors discover, enact, evaluate, and exploit international opportunities. Third, it describes the outcomes of this opportunities process. Fourth, it suggests establishing a conceptual basis around one previously proposed definition incorporating a notion of a social context that would enable IE scholarly community to set the objective criteria around opportunities and go beyond the legal entity of the focal firm and consider multiple actors, resources, processes, history, and context. Finally, the chapter offers some theoretical contributions by proposing directions for future research.