internationalization of smes - a solution to overcome the current economic crisis

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2010
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Abstract
There is a close link between economic performance and increasing internationalization of SMEs. International activities increase competitiveness and ensure long-term development of enterprises. However, European SMEs still depend largely on their internal markets, notwithstanding the opportunities created to the single market and globalization in general. A study realized in 2009 by the European Commission reveals that internationalization creates more jobs: SMEs active in foreign markets reported an increase in employment by 7% compared to only 1% free activities for SMEs international. Internationalized SMEs are more innovative: 26% of SMEs have introduced internationally active products or services that were new to the sector in their country of origin.
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Authors ;Corina Ana BORCOŞI ;Anca STĂNCUŢ
Journal kastamonu eğitim dergisi
Year 2010
DOI
DOI not found
URL
http://www.utgjiu.ro/revista/ec/pdf/2010-04.II/5_CORINA_ANA_BORCOSI.pdf
Keywords
Globalization economic crisis economics internationalization economic geographyeconomics as a science smescommercial geography

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