ABSTRACT
In this chapter, you will read about entrepreneurship and how important entrepreneurship is globally. You first read about the many individual and national factors that influence entrepreneurship. You also examine some of the national culture and institutional factors encouraging entrepreneurship. In the next section of the chapter, you will read about some of the barriers faced by specific groups when engaging in entrepreneurial activities. You also will read about corporate entrepreneurship and the many organizational and environmental factors that influence corporate entrepreneurship. The chapter also discusses born globals and how they are distinct from traditional multinationals. In the subsequent section of the chapter, you will learn about the many ways entrepreneurship can be encouraged. In the final section of this chapter, you will read about what multinationals can do to spur entrepreneurship. You read about the role multinationals can play by simply operating in a country. A substantial part of this section deals with knowledge management. You will read about the key aspects of a knowledge management system and also learn about the best way to properly design the many aspects of a knowledge management system.
