2021-01-282016-01-019783319393698SCOPUS;2-s2.0-85018050052http://hdl.handle.net/10784/25131In this chapter, we report on transformations of an entrepreneurial firm during its internationalisation. We propose the use of a prediction/control framework to explain how an entrepreneurial firm gradually changes into a multinational corporation. During the processes of expansion the firm deploys different behaviours that indicate shifting mindsets from approaches that can be characterised as entrepreneurial to behaviours considered as managerial. Following a firm’s development from inception to its end as independent entity we discuss how the cross-roads between Entrepreneurship and International Business disciplines might create synergies beyond their own confines by establishing International Entrepreneurship as a meaningful field of study. © 2017 The Editor(s) (if applicable) and the Author(s).engPalgrave Macmillan SpringerValue creation during different development stages: What changes when an entrepreneurial firm transforms into a multinational corporation?info:eu-repo/semantics/bookPart2021-01-28Zettinig, P.Sandberg, B.Fuerst, S.10.1007/978-3-319-39369-8_5