Application of Grounded Theory in the Explaining of International Entrepreneurship Development of Knowledge-Based Companies

This study was conducted with the aim of designing a model for the development of international entrepreneurship of knowledge-based businesses. In order to achieve this model, the fundamental method (in terms of purpose), and qualitative approach (based on systematic data collection) and grounded theory strategy have been used. Data collection was done during in-depth interviews with 18 faculty members in the field of entrepreneurship and founders of knowledge-based companies (located in Science and Technology Park). Research data were analyzed by three methods of open, axial and selective coding. The obtained model shows causal conditions (pulling and pushing factors), strategies (using personal network, partnership of customers and foreign suppliers, following customers and using advanced technology), intervening conditions (supporting, stimulating and deterrent forces), contextual conditions (export area, organizational entrepreneurship, appropriate infrastructure) and consequences (market development, sustainable economic development, gaining sustainable competitive advantage) as international entrepreneurship of knowledge-based companies.