The Australian Business Foundation and the University of Queensland Business School have undertaken a research project on the additional international expansion of Australian ‘born global’ firms, entitled Born to be Global. Born global firms are those that have deliberately ventured overseas soon after their birth. The aim of this research project was twofold:
- to chart the experiences of Australian born global enterprises as they extend their foreign activities beyond exporting; and
- to consider the various ways these enterprises’ activities are contributing to the Australian economy, and how public policies might better capitalise on them.
For the purposes of this study, born global firms refer to those private enterprises that have established purposeful and ongoing foreign activities at a rate that is fast for their industry. Additionally, to qualify as Australian, the enterprises under scrutiny did not need not be majority Australian owned or even managed by Australian citizens.