Born globals have emerged in large numbers for two main reasons: globalization and advances in communication and transportation technologies.

Question

Quizplus · Accepted Answer

Born globals are companies that, from or near their inception, seek to derive significant competitive advantage from the use of resources and the sale of outputs in multiple countries. The emergence of born globals in large numbers is indeed attributed to globalization, which has made the world's markets more interconnected, and to advances in communication and transportation technologies, which have significantly reduced the barriers to international trade and investment. These advancements have made it easier for even small firms to operate globally from the outset.

Born Globals Have Emerged in Large Numbers for Two Main