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There are two main claims in Gabrielsson, Sasi, and Darling’s article with which it is possible to agree. The researchers state that it is more important for Born Globals to access external financial resources and develop effective finance strategies than for Born Internationals. It is possible to agree with this claim because, in their development, Born Globals are oriented to globalisation from the first steps, and the rapid progress needs more advantageous access to financial resources that guarantees more benefits.
The authors’ second important claim is that finance strategy selections and approaches to financial management matter to influence SMEs’ development as Born Globals or their failures (Gabrielsson, Sasi, and Darling 600). This statement is reasonable because ineffective finance strategies selected by Born Globals at the first stage of their development influence the whole progress of the company and utilisation of financial resources. Inadequate financial management is the main cause to make the company become a failure because of the necessity to respond to the speed of the Born Globals’ progress.
Rapid globalisation is typical for Born Globals when Born Internationals cover more steps in their progress. As a result, the focus on effective financial strategies to balance the access to internal and foreign financial resources and the appropriate choice of alternatives are necessary to guarantee the SMEs’ success.
Works Cited
Gabrielsson, Mika, Viveca Sasi, and John Darling. “Finance Strategies of Rapidly-Growing Finnish SMEs: Born Internationals and Born Globals”. European Business Review 16.6 (2004): 590-604. Print.
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