| Abstract [eng] |
Nowadays, when the world’s economy is recovering from the financial crisis and stagnation, the international company’s expansion is significantly relevant again. According to the positive aspects of internationalization, it is important to identify, what factors determine expanding abroad approach. It is relevant to identify what entry mode justifies in one or another situation. According to the different scholars it was estimated that companies which are proactive, innovative, and not afraid to take risks expand their activity scope internationally more often and more successfully. It can be observed that all the mentioned characteristics (proactiveness, innovativeness, risk-taking) have their own naming – entrepreneurial orientation (EO). It is crucial to explore more about EO and its role in entry mode choices. Moreover, it can be observed that a bigger part of all companies belongs to small and medium-sized enterprises (SME), and innovativeness can be considered as one of the company’s internationalization driving force. There is a lack of research about Lithuanian companies. Because of this reason, the aim of empirical research is to find out what EO means for Lithuanian innovative SMEs and how it reveals in foreign market entry mode choice. |
