ABSTRACT
This chapter provides an institutional perspective, network theory and transactional cost perspective, among others, on the links across entrepreneurship, international entrepreneurship and transnational entrepreneurship fields. International business activities provide opportunities for home-based entrepreneurs to discover, create and develop products and ventures in foreign business environments. Noticeable in the international entrepreneurship legitimacy process was the importance of literature reviews to assist with the clarity of concepts and dimensions of international entrepreneurship, which emerged decisively in the early to mid-1990s. The diverse context and use of new methodological approaches would be helpful in more studies in entrepreneurship, internationalization and cross-cultural studies in international entrepreneurship. The development of the entrepreneur into an international economic actor expands as he/she is dealing with a wider market. Business theory is central to the Uppsala model and the process of firm internationalization. The firm’s market was modified in the original model from ‘country’ to a ‘business network’ in the 2009 iteration.
