Globalization of markets and the internationalization of firm

Another characteristic based on born-global firms is that their managers possess strong global outlook and global entrepreneurial orientation, an aspect which enables them to compete in global markets. Born-global firms also focus on a differentiation policy, superior quality of the product and advance information and communication technology in order to meet global demands and also be able to fit in the competitive international markets (Cavusgil & Knight, 2015). What drivers and causes of globalization have allowed born global firms such as Instagram to internationalize at or near their founding? Technological and globalization advancement are the key drivers and causes leading born global firms to internationalize near founding. These two drivers have now made easy to venture abroad which has made it affordable for SEMs it encompasses a large number of organizations in a typical nation.