International Entrepreneurship: Traits, Competencies, and Social Networks

Comprehensive vocabulary flashcards defining key traits, forms of capital, competencies, and network structural concepts relevant to international entrepreneurship.

International Interest

Curiosity and openness toward foreign activities and international opportunities, without necessarily taking concrete action.

International Orientation

The willingness or deliberate strategy to turn toward foreign markets and actively develop activities within them.

International Experience

Tangible activities actually carried out abroad, such as exports, establishing international partnerships, or working overseas.

Cognitive Complexity

An aspect of intellectual capital defined as the mental capacity to comprehend and analyze complex situations.

Cosmopolitan Perspectives

An element of intellectual capital characterized by an active openness toward the world and diverse cultures.

Psychological Capital

The personality-based foundation of international orientation comprising a passion for diversity, a thirst for adventure, and self-confidence.

Intercultural Empathy

A dimension of social capital defined as the ability to understand and relate to individuals from other cultural backgrounds.

Interpersonal Impact

A facet of social capital referring to an entrepreneur's capacity to influence others and establish productive relationships.

Intercultural Diplomacy

The ability of an entrepreneur to manage cultural differences and navigate cross-cultural relationships effectively.

Emotional Intelligence

A core entrepreneurial competency involving maintaining composure, controlling emotions, and demonstrating behavioral flexibility.

Resilience

An entrepreneurial competency centered on the capacity to accept mistakes and overcome obstacles encountered in business.

Social Capital

An entrepreneur's ability to mobilize social relationships to their advantage in order to acquire resources and gain support.

International Social Capital

A general network enabling an enterprise to spot foreign opportunities, learn from partner experience, build relationships, and adapt practices.

Market-Specific Social Capital

A targeted network that delivers precise market knowledge to identify actors, resources, and opportunities while mitigating risks.

Tie Strength

The strength of a relational connection, determined by time spent together, emotional intensity, intimacy, and mutual reciprocity.

Strong Ties

Close relationships built on high trust and proximity, used by entrepreneurs primarily to evaluate available resources and refine project vision.

Weak Ties

Less intimate relationships (such as with outside entrepreneurs or experts) that foster network diversity and facilitate access to novel information.

Node

An individual person or organizational actor represented within a network structure.

Network Centrality

A prominent structural position held by an actor who possesses numerous connections, facilitating direct access to information and resources.

Peripheral Actor

A member of a network structure who possesses very few connections relative to other members.

Intermediary (Broker)

An actor who connects two separate networks and simultaneously benefits from the contacts and resources of both.

Structural Holes

The absence of direct links or connections between certain members within a social network.

Network Density

A structural metric representing the degree or proportion of total potential connections that exist between members of a network.

Network Legitimacy

The credibility and standing that an enterprise obtains through its formal and informal relational affiliations.

Network Governance

The operational dimension detailing how relationships function within a network, governed specifically by trust, power, and influence.