Micro-multinationals are small firms that engage in international business early in their lives. Numerous social, technological, and economic factors contribute to the recent spread of Micro-multinational phenomenon

Micro-multinationals are small firms that engage in international business activity shortly after their creation. Numerous social, technological and economic factors have contributed to the recent spread of the Micro-multinational phenomenon.There are many advantages in establishing a Micro-multinational start-up. The start-up can easily utilize global talent across multiple markets, have a better opportunity to obtain funding and have direct access to multiple markets. If structured properly, Micro-multinationals can also achieve tax savings that will improve profit margins.The aforementioned advantages do not come without a price. Significant Legal consultation is needed to operate optimally across multiple jurisdictions, communications between offices can be expensive and operating on a limited budget is often the norm.Science Parks can facilitate the creation of such born-global firms by providing the right environment and services to mitigate these main challenges. These services can include providing different funding options, help with local market access, mentorship support and government/Legal support.