Category: Market Selection

GB5D and SciMed Partners Announce Agreement to Collaborate

GB5D helps Companies Expand beyond Their Domestic Market The World Just Got a Little Bit Smaller   SciMed Partners and GB5D have agreed to cooperate in order to better help foreign life sciences, medtech, and healthcare technology companies with US market entry. With several hundred years of combined biotech, medtech, life sciences, healthcare technology and international business Read More …

Hurdles facing European MedTech companies wanting to enter the US Medical Device market.

Last week I visited the Medica show in Dusseldorf, Germany, the world’s biggest medical devices trade fair. 120,000 professional visitors from over 130 different countries met with more than 5,000 companies. I spend four days meeting with European MedTech companies that didn’t have a presence in the US market. I wanted to know why they Read More …

Invest in a Strategic International Business Development Plan. Consider Regulatory Restrictions

As your company contemplates expanding its market into foreign countries, sometimes regulatory restrictions play an important role. Think about a company selling supplements, or mechanical components for the aerospace industry. In such an environment, investing in a Strategic International Business Development Plan may mean the difference between certain failure and success. Regulatory Restrictions It may very well Read More …

Considering Global Growth? Get Expert Help

A Washington Post article written by UPS, Considering Global Growth? Try domestic expansion first, suggests that companies interested in growth dive deeper into domestic markets first. The article quotes Robert Eberhardt, assistant professor of management at Santa Clara University’s Leavey School of Business, who said “The research is fairly clear that, generally speaking, companies do Read More …

International Business Negotiations, Impact of National Culture

In a global economy, making deals, creating value and resolving conflict often requires International Business Negotiations. Chances are, several people within your organization have contact with international partners, suppliers or customers. They regularly conduct International Business Negotiations and should be aware of the impact of National Cultures. After the signing the contract, negotiations do not end. Instead negotiations continue, as the Read More …

3 Tips for SME’s Contemplating Sustainable Export Growth

Between 5 and 10% of the UK’s SME’s engage in International business. In the US, only about 1% of SME’s participate in global trade. Consequently, there seems to exist a lot of untapped opportunity for Export Growth. Barriers to Exporting While experts agree that Export Growth can have important benefits for smaller business, there exist a wide variety of Read More …