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

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

;Corina Ana BORCOŞI ;Anca STĂNCUŢ
kastamonu eğitim dergisi 2010 Vol. 2 pp. 47 -54
193
2010analeleinternationalization

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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