In the recent decades, after the end of the Cold War and stimulation of integration in Europe and world in general, the world has become a single international community with transparent boarders and freedom of movement for capital. Under such conditions, sooner or later medium or large business begins to consider expansion and its potential internationalisation. While the Western world countries are accustomed thinking globally for half a century, companies for the developing markets began to consider their strategies of internationalisation exactly in the last couple of decades. The main implications for the late-comers are that most of the Continue reading...
