Skip to main content

2019 | OriginalPaper | Buchkapitel

Internationalization of European Small and Medium-Sized Companies

verfasst von : Wiktor Bołkunow

Erschienen in: Eurasian Business Perspectives

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

The aim of this article was to analyze the process of internationalization of small and medium-sized European companies in international markets. The literature review shows that there are many theories of internationalization that have attempted to analyze the process and its results as in the times of globalization companies of all sizes view internationalization as a huge opportunity to develop. European Union has recently worked out programs for supporting the internationalization of European companies in order to strengthen their competitive position. Special focus has been put on small and medium-sized companies, as they play a very important role in the economic development in modern economies. The study’s findings revealed that enhancing the internationalization of small and medium-sized enterprises has become a priority of the institutions of the European Union and of the governments of the EU Member States.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
Zurück zum Zitat Ahn, J. B., Khandelwal, A., & Wei, S. J. (2011). The role of intermediaries in facilitating trade. Journal of International Economics, 84(1), 73–85.CrossRef Ahn, J. B., Khandelwal, A., & Wei, S. J. (2011). The role of intermediaries in facilitating trade. Journal of International Economics, 84(1), 73–85.CrossRef
Zurück zum Zitat Altuzarra, A., Bustillo, R., & Rodríguez, C. (2016). Understanding export market success: Evidence from manufacturing firms. Open Economies Review, 27(1), 161–181.CrossRef Altuzarra, A., Bustillo, R., & Rodríguez, C. (2016). Understanding export market success: Evidence from manufacturing firms. Open Economies Review, 27(1), 161–181.CrossRef
Zurück zum Zitat Angelsberger, M., Kraus, S., Mas-Tur, A., & Roig-Tierno, N. (2017). International opportunity recognition: An overview. Journal of Small Business Strategy, 27(1), 19–36. Angelsberger, M., Kraus, S., Mas-Tur, A., & Roig-Tierno, N. (2017). International opportunity recognition: An overview. Journal of Small Business Strategy, 27(1), 19–36.
Zurück zum Zitat Békés, G., & Muraközy, B. (2012). Internationalisation modes of European firms. EFIGE Working paper 52. Békés, G., & Muraközy, B. (2012). Internationalisation modes of European firms. EFIGE Working paper 52.
Zurück zum Zitat Biesebroeck, V. J., Konings, J., & Martincus, C. V. (2016). Did export promotion help firms weather the crisis? Economic Policy, 31(88), 653–702.CrossRef Biesebroeck, V. J., Konings, J., & Martincus, C. V. (2016). Did export promotion help firms weather the crisis? Economic Policy, 31(88), 653–702.CrossRef
Zurück zum Zitat Bilgin, M. H., Lau, M. C. K., & Demir, E. (2012). Technology transfer, finance channels, and SME performance: New evidence from developing countries. The Singapore Economic Review, 57(03), 1250020.CrossRef Bilgin, M. H., Lau, M. C. K., & Demir, E. (2012). Technology transfer, finance channels, and SME performance: New evidence from developing countries. The Singapore Economic Review, 57(03), 1250020.CrossRef
Zurück zum Zitat Bilkey, W. J., & Tesar, G. (1977). The export behavior of smaller Wisconsin manufacturing firms. Journal of International Business Studies, 8(1), 93–98.CrossRef Bilkey, W. J., & Tesar, G. (1977). The export behavior of smaller Wisconsin manufacturing firms. Journal of International Business Studies, 8(1), 93–98.CrossRef
Zurück zum Zitat Blomstermo, A., & Sharma, D. D. (Eds.). (2003). Learning in the internationalisation process of firms. Cheltenham: Elgar. Blomstermo, A., & Sharma, D. D. (Eds.). (2003). Learning in the internationalisation process of firms. Cheltenham: Elgar.
Zurück zum Zitat Buckley, P. J., & Casson, M. C. (1976). The future of the multinational enterprise. New York: Macmillan.CrossRef Buckley, P. J., & Casson, M. C. (1976). The future of the multinational enterprise. New York: Macmillan.CrossRef
Zurück zum Zitat Chang, M. Y. F., Jack, R., & Webster, M. C. (2017). Pre and post-entry resource needs for international entrepreneurs. Journal of Management and Organization, 23(2), 186–205.CrossRef Chang, M. Y. F., Jack, R., & Webster, M. C. (2017). Pre and post-entry resource needs for international entrepreneurs. Journal of Management and Organization, 23(2), 186–205.CrossRef
Zurück zum Zitat Demary, M., & Hornik, J. (2016). SME financing in the EU: Moving beyond one-size-fits-all. IW-Report · 11/2016. Köln: Institut der Deutschen Wirtschaft. Demary, M., & Hornik, J. (2016). SME financing in the EU: Moving beyond one-size-fits-all. IW-Report · 11/2016. Köln: Institut der Deutschen Wirtschaft.
Zurück zum Zitat Dunning, J. H. (1980). Toward an eclectic theory of international production: Some empirical tests. Journal of International Business Studies, 11(1), 9–31.CrossRef Dunning, J. H. (1980). Toward an eclectic theory of international production: Some empirical tests. Journal of International Business Studies, 11(1), 9–31.CrossRef
Zurück zum Zitat European Commission. (2011). Communication from the commission to the European Parliament, The Council, The European Economic and Social Committee and The Committee of the Regions. Brussels, 9.11.2011, COM(2011) 702 final. European Commission. (2011). Communication from the commission to the European Parliament, The Council, The European Economic and Social Committee and The Committee of the Regions. Brussels, 9.11.2011, COM(2011) 702 final.
Zurück zum Zitat European Commission (EC). (2012). An overview of the main funding opportunities available to European SMEs. New January 2012. Brussels: DG Enterprise and Industry. European Commission (EC). (2012). An overview of the main funding opportunities available to European SMEs. New January 2012. Brussels: DG Enterprise and Industry.
Zurück zum Zitat European Commission (EC). (2015). Internationalisation of European SMEs. Brussels, 29/04/2015. European Commission (EC). (2015). Internationalisation of European SMEs. Brussels, 29/04/2015.
Zurück zum Zitat European Commission (EC) and EIM Business and Policy Research. (2010). Internationalisation of European SMEs, final report. Brussels: DG Enterprise and Industry. European Commission (EC) and EIM Business and Policy Research. (2010). Internationalisation of European SMEs, final report. Brussels: DG Enterprise and Industry.
Zurück zum Zitat Felbermayr, G., & Jung, B. (2011). Trade intermediation and the organization of exporters. Review of International Economics, 19(4), 634–648.CrossRef Felbermayr, G., & Jung, B. (2011). Trade intermediation and the organization of exporters. Review of International Economics, 19(4), 634–648.CrossRef
Zurück zum Zitat Gorynia, M., & Jankowska, B. (2007). Teorie internacjonalizacji. (Theories of internationalization). Gospodarka Narodowa, 10, 21–44.CrossRef Gorynia, M., & Jankowska, B. (2007). Teorie internacjonalizacji. (Theories of internationalization). Gospodarka Narodowa, 10, 21–44.CrossRef
Zurück zum Zitat Grossman, G. M., Helpman, E., & Szeidl, A. (2006). Optimal integration strategies for the multinational firm. Journal of International Economics, 70, 216–238.CrossRef Grossman, G. M., Helpman, E., & Szeidl, A. (2006). Optimal integration strategies for the multinational firm. Journal of International Economics, 70, 216–238.CrossRef
Zurück zum Zitat Helpman, E. (1984). A simple theory of international trade with multinational corporations. Journal of Political Economy, 92(3), 451–471.CrossRef Helpman, E. (1984). A simple theory of international trade with multinational corporations. Journal of Political Economy, 92(3), 451–471.CrossRef
Zurück zum Zitat Helpman, E. (2011). Understanding global trade. Cambridge: Harvard University Press.CrossRef Helpman, E. (2011). Understanding global trade. Cambridge: Harvard University Press.CrossRef
Zurück zum Zitat Helpman, E., Melitz, M. J., & Yeaple, S. R. (2003). Exports versus FDI with heterogeneous firms. American Economic Review, 94(1), 300–316.CrossRef Helpman, E., Melitz, M. J., & Yeaple, S. R. (2003). Exports versus FDI with heterogeneous firms. American Economic Review, 94(1), 300–316.CrossRef
Zurück zum Zitat Hollenstein, H. (2005). Determinants of international activities: Are SMEs different? Small Business Economics, 24(5), 431–450.CrossRef Hollenstein, H. (2005). Determinants of international activities: Are SMEs different? Small Business Economics, 24(5), 431–450.CrossRef
Zurück zum Zitat Hymer, S. H. (1976). The international operations of national firms: A study of direct foreign investment. Cambridge, MA: MIT Press. Hymer, S. H. (1976). The international operations of national firms: A study of direct foreign investment. Cambridge, MA: MIT Press.
Zurück zum Zitat Johanson, J., & Vahlne, J. E. (1977). The internationalization process of the firm – A model of knowledge development and increasing foreign market commitment. Journal of International Business, 8(1), 23–32.CrossRef Johanson, J., & Vahlne, J. E. (1977). The internationalization process of the firm – A model of knowledge development and increasing foreign market commitment. Journal of International Business, 8(1), 23–32.CrossRef
Zurück zum Zitat Lu, J. W., & Beamish, P. W. (2001). The internationalization and performance of SMEs. Strategic Management Journal, 22(6/7), 565–586.CrossRef Lu, J. W., & Beamish, P. W. (2001). The internationalization and performance of SMEs. Strategic Management Journal, 22(6/7), 565–586.CrossRef
Zurück zum Zitat Markusen, J. R. (1984). Multinationals, multi-plant economies, and the gains from trade. Journal of International Economics, 16(3–4), 205–226.CrossRef Markusen, J. R. (1984). Multinationals, multi-plant economies, and the gains from trade. Journal of International Economics, 16(3–4), 205–226.CrossRef
Zurück zum Zitat Motta, M., & Norman, G. (1996). Does economic integration cause foreign direct investment. International Economic Review, 37(4), 757–783.CrossRef Motta, M., & Norman, G. (1996). Does economic integration cause foreign direct investment. International Economic Review, 37(4), 757–783.CrossRef
Zurück zum Zitat Mugurusi, G., & Bals, L. A. (2017). Processual analysis of the purchasing and supply organization in transition: The impact of offshoring. Operations Management Research, 10(1–2), 64–83.CrossRef Mugurusi, G., & Bals, L. A. (2017). Processual analysis of the purchasing and supply organization in transition: The impact of offshoring. Operations Management Research, 10(1–2), 64–83.CrossRef
Zurück zum Zitat Nguyen, D. X. (2012). Demand uncertainty: Exporting delays and exporting failures. Journal of International Economics, 86(2), 336–344.CrossRef Nguyen, D. X. (2012). Demand uncertainty: Exporting delays and exporting failures. Journal of International Economics, 86(2), 336–344.CrossRef
Zurück zum Zitat Ocampo Figueroa, E. L., Osuna, M. A. A., & Reynoso, C. F. (2014). Determinants of the internationalization of the firm: The accelerated model vs the sequential model. The International Journal of Business and Finance Research, 8(5), 81–93. Ocampo Figueroa, E. L., Osuna, M. A. A., & Reynoso, C. F. (2014). Determinants of the internationalization of the firm: The accelerated model vs the sequential model. The International Journal of Business and Finance Research, 8(5), 81–93.
Zurück zum Zitat Parlament Europejski (European Parliament). (2009). Sprawozdanie w sprawie wzmocnienia roli europejskich MŚP w handlu międzynarodowym (Report on enhancing the role of European SMEs in international trade) (2008/2205(INI). Komisja Handlu Międzynarodowego (Committee on International Trade). Parlament Europejski (European Parliament). (2009). Sprawozdanie w sprawie wzmocnienia roli europejskich MŚP w handlu międzynarodowym (Report on enhancing the role of European SMEs in international trade) (2008/2205(INI). Komisja Handlu Międzynarodowego (Committee on International Trade).
Zurück zum Zitat Piercy, N. F. (1981). Company internationalisation: Active and reactive exporting. European Journal of Marketing, 15(3), 24–40. Piercy, N. F. (1981). Company internationalisation: Active and reactive exporting. European Journal of Marketing, 15(3), 24–40.
Zurück zum Zitat Rubinstein, A., & Wolinsky, A. (1987). Middlemen. Quarterly Journal of Economics, 102(3), 581–594.CrossRef Rubinstein, A., & Wolinsky, A. (1987). Middlemen. Quarterly Journal of Economics, 102(3), 581–594.CrossRef
Zurück zum Zitat Turnbull, P. W. (1985, October). Internationalisation of the firm: A stages process or not? Paper presented at a conference on Export Expansion and Market Entry Modes, Dalhousie University, Halifax. Turnbull, P. W. (1985, October). Internationalisation of the firm: A stages process or not? Paper presented at a conference on Export Expansion and Market Entry Modes, Dalhousie University, Halifax.
Zurück zum Zitat Vernon, R. (1966). International investment and international trade in the product cycle. Quarterly Journal of Economics, 80(2), 190–207.CrossRef Vernon, R. (1966). International investment and international trade in the product cycle. Quarterly Journal of Economics, 80(2), 190–207.CrossRef
Zurück zum Zitat Voigt, P., & Moncada-Paternò-Castello, P. (2012). Can fast growing R&D-intensive SMSs affect the economic structure of the EU economy?: A projection to the year 2020. Eurasian Business Review, 2(2), 96–128. Voigt, P., & Moncada-Paternò-Castello, P. (2012). Can fast growing R&D-intensive SMSs affect the economic structure of the EU economy?: A projection to the year 2020. Eurasian Business Review, 2(2), 96–128.
Zurück zum Zitat Welch, L., & Luostarinen, R. (1988). Internationalization: Evolution of a concept. Journal of General Management, 14(2), 34–55.CrossRef Welch, L., & Luostarinen, R. (1988). Internationalization: Evolution of a concept. Journal of General Management, 14(2), 34–55.CrossRef
Zurück zum Zitat Welch, L., & Luostarinen, R. (1993). Inward-outward connections in internationalization. Journal of International Marketing, 1(1), 44–56.CrossRef Welch, L., & Luostarinen, R. (1993). Inward-outward connections in internationalization. Journal of International Marketing, 1(1), 44–56.CrossRef
Zurück zum Zitat Westhead, P. (2008). International opportunity exploitation behaviour reported by “types” of firms relating to exporting experience. Journal of Small Business and Enterprise Development, 15(3), 431–456.CrossRef Westhead, P. (2008). International opportunity exploitation behaviour reported by “types” of firms relating to exporting experience. Journal of Small Business and Enterprise Development, 15(3), 431–456.CrossRef
Zurück zum Zitat Wong, Y. Y., & Wright, R. (2011). Buyers, sellers and middlemen: Variations in search theory. Working Paper 691, Federal Reserve Bank of Minneapolis Research Department October 2011. Wong, Y. Y., & Wright, R. (2011). Buyers, sellers and middlemen: Variations in search theory. Working Paper 691, Federal Reserve Bank of Minneapolis Research Department October 2011.
Metadaten
Titel
Internationalization of European Small and Medium-Sized Companies
verfasst von
Wiktor Bołkunow
Copyright-Jahr
2019
DOI
https://doi.org/10.1007/978-3-030-11872-3_3