Effects of Globalization on Entrepreneurial Businesses

¶ … Globalization on Entrepreneurship

The methodology chosen for the research in this present study is one of a qualitative and interpretive nature. Qualitative research is appropriate when attempting to understand social phenomenon and this is true in the case of entrepreneurship. The work of Kvale (1996) states that the qualitative research interview "seeks to describe the meanings of central themes in the life world of the subjects…" McNamara (1999) states that interviews are "particularly useful for getting the story behind a participant's experiences. The interviewer can pursue in-depth information around the topic. Interviews may be useful as follow-up to certain respondents to questionnaires to further investigate their responses." Stages of the interview process include those as follows:

(1) Thematizing -- the why and what of the investigation;

(2) Designing -- plan the design of the study;

(3) Interviewing -- conduct the interview based on a guide;

(4) Transcribing- prepare the interview material for analysis;

(5) Analyzing -- decide on the purpose, the topic, the nature and methods of analysis that are appropriate;

(6) Verifying -- ascertain the validity of the interview findings;

(7) Reporting -- communicate findings of the study based on scientific criteria. (Valenzuela and Shrisvasta, nd)

Instrument

The instrument used in this study will be that of a 'questionnaire' or survey that will be in the form of an interview with two specific companies:

(1) The first is an entrepreneurship characterized by innovation and growth; and (2) The second is an ordinary business.

Data Collection & Analysis

Data in this study will be collected through conduction of an interview/questionnaire with the management of two companies. The data will be qualitatively analyzed.

Questionnaire

The questions that will be asked in the interview of the two companies chosen for study in this research will be the questions stated as follows:

(1) Is your company characterized by knowledge and flexibility, which allows movement across national borders?

(2) Does your company have the ability to take advantage of opportunities anywhere in the world?

(3) Does your company have the capacity to move capital and to distribute products and services in other countries?

(4) What is your business strategy?

(5) What are organizational goals, vision, and mission?

(6) What steps did you take to implement your business once having conceptualized the business?

(7) What has driven your company's innovation?

(8) What is the rate of growth experienced by your organization?

(9) What product or services does your company offer?

(10)What have you done to differentiate your products and services from those of the competition?

(11) What has driven your company's growth or alternatively impeded the growth of your company?

(12) Do you feel that globalization has hurt or helped your company's future prospects?

(13) Do you distribute your products or services globally across national borders?