Evidently, concerning the founder's characteristics, 5 Events matches the standard pattern of ERIF very close.
All of this is more in line with stage models than ERIF. This pattern seems to result largely from the specificities of this niche-market.
On the other hand, the attributes of the strategic focus point to the ERIF model of internationalization.
The attributes of external environment indicate rather an ERIF model of internationalization as LW perceives hardly any major obstacles to her further internationalization plans.
Generally, the attributes in the case of 5 Events point to ERIF internationalization pattern, which is in concordance with the empirical classification.
The former may result from a proactive attitude, be strategy driven, and implied by characteristics of the market and product (well in line with models of ERIF).
Pattern matching analysis of 5 Events Attributes and 5 Events their evaluation Founder's (and/or founding team's) characteristics Managerial vision At the very inception in 2009 there were no 1 2 3 4 5 immediate plans for own transnational GIF ERIF activity, as the firm started as a typical travel agency.
The pace of internationalization of some of SMEs has accelerated dramatically, and a new group of early and rapidly internationalizing firms (ERIFs) has emerged (in the literature these firms are usually called 'born-globals' or 'international new ventures', but a few other terms are also used **).
ERIFs are internationally oriented since their inception and often extensively internationally involved, while their management perceive the world as their marketplace from the outset.
The Civil Service Agency submitted the list of successful candidates, with the first-ranked A erif Isovic, to the FBiH Finance Minister on December 24, 2017, and since then there have been no reactions or actions of the Ministry in the said proceedings.
Finally, Fadil Novalic added that after all these events, A erif Isovic had addressed the court and that he as the Prime Minister would no longer put that item on the agenda until the court decision.