Two tips that promote the company’s foreign investment

Researcher Luis Oliveira offers advice to entrepreneurs who want to internationalize their businesses. “You can think it’s safest to base yourself in developed countries with stable institutions,” he tells Esprit.

Luis Oliveira, who is doing his thesis at the University of Dalarna, offers two tips for entrepreneurs who want to invest abroad. Firstly, one should not rely too much on one’s own business network, he believes, because then, among other things, one can miss out on opportunities that arise elsewhere.

However, he believes that one has to intervene where or where one is moving. This could be through communication with local decision makers and stakeholders

– You can think that it is safer to establish yourself in developed countries with stable institutions. But with the UK’s Brexit process and major restrictions in the US during the pandemic, we can’t be sure. Modern countries are also hit hard by the pressures of the outside world, and it’s important to keep this in mind, Luis Oliveira tells Esprit.

Esprit: “Daring to venture into foreign markets can pay off despite the uncertain environment”