In order to promote the integration of international interest and enhancing cooperation among nations.Organizations are always under the pressure of producing innovative products with high quality for meeting the needs of the customer. For a better satisfaction of these requirement, a company always requires trustworthy partners. Often, business organizations themselves bare in-adequate resources and know- how for offering goods at high quality. However, they can be successful in acquiring more resources and knowledge cooperating with another business and by establishing stronger business networks. These business networks can be strengthened by the internationalization of business. As a significant example, Estonian businesses have started to look for new international markets as an extremely topical aspect as there are some limitations in the home market with respect to the population of consumers along with their power of purchases. For the initiation of growth, business organizations have to look for markets across other nations. The significance of business networks can be seen as specifically critical for small organizations where there are lack of resources necessary to internationalize.
As there are a number of medium and small sized business organizations in Estonia, there is huge significance of investigating the role played by business network to enter foreign markets. Hence, this enhances the scope for the integration of international interest and enhancing cooperation among nations. For meeting each and every demand of the customers, business organizations have significant dependency on intentions, resources, activities and knowledge of the dealers, suppliers, other customers, and even the core competitors. And hence, in order to achieve such a strong network of conducting business, organizations consider the decision of internationalization. Considering the initial forms of federation with decentralization, MNCs have ended up becoming extremely complex structure with integrated operations and global coordination dealing with dynamic evolution not only within the relationships between subsidiaries and headquarters, but also in shifting to increase the scope to outsource non- core activities. This further provides key opportunities for the establishment of strategic alliances and global production networks.