Abstract:

The internationalization of entrepreneurial activities is represented by geographic expansion of entrepreneurial activities cross national borders. Internationalization theory subsumes to two diverse approaches – stage approach and global approach. Recent years have brought a significant number of approaches to the realization of entrepreneurial activities. The most dominant and frequent seem to be two approaches distinguished according to the procedure and realization of individual stages made by entrepreneurs: the stage and global approach. The objective of this paper is to present an overview of the use of stage approach in the process of internationalization entrepreneurial activities of Czech companies. The paper presents stage approach and defining key factors of internationalization process.