CHAPTER 1

Internationalization of the Small and Medium Size Enterprise

Why Go International?

America is a land of wonders, in which everything is in constant motion and every change seems an improvement.

—Alexis de Tocqueville (1805–1859), a French diplomat, political scientist, and historian

Main points in this chapter

  • Internationalization of the small and medium size enterprise as a competitive strategy
  • Pros and cons of going international
  • Applications on SMEs international expansion

Internationalization of the Small and Medium Size Enterprise as a Competitive Strategy

Arguably, the economic mission of a business enterprise is wealth creation for its owners or shareholders. In a broader context this includes job creation, company employee ...

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