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Born To Be Global: A Closer Look at the International Venturing of Australian Born Global Firms
Report

Born To Be Global: A Closer Look at the International Venturing of Australian Born Global Firms

P Liesch, M Steen, Stuart Middleton and J Weerawardena
Australian Business Foundation
2007

Abstract

This report focused on charting the experiences of 18 'born global' firms which ventured overseas shortly after their birth. In examining their successes and setbacks, the researchers were able to identify some key factors relevant to identifying and satisfying new global opportunities more adeptly, including agility, persistency and the ability to manage a range of business functions and risks simultaneously. In analysing the business case studies, certain patterns were discerned about the character and further development of born global firms. While these insights do not constitute a template for business success, they do provide an important set of lessons for enterprises that are export ready or seeking other ways to extend their international reach.

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