What is it about?

Our research studies the international competitiveness of small- and medium-sized enterprises (SMEs) in an emerging Latin-American country

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Why is it important?

Using a sample of 100 SMEs in Peru, we find that firms compete abroad with standardized products, which are conditioned by the host-country markets, human capital, and industry cooperation. However, the results show that the age and size of the firm are not determining factors in competing overseas. Our findings open a new agenda for policymakers when interpreting how they should promote and support Latin-American SMEs

Perspectives

-Peruvian SMEs utilize a global strategy to compete overseas instead of relying on a strategy of differentiation and national adaptation -Government efforts in industrialized countries are crucial for the success of SMEs in their entrance into foreign markets. However, the descriptive information revealed that 80% of the SMEs surveyed considered that the actions taken by governments have not promoted their success in foreign markets.

Univ. Professor Jesús Peña-Vinces
University of Seville

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This page is a summary of: International Competitiveness of Small and Medium-Sized Enterprises: Peru, a Latin-American Emerging Market, Emerging Markets Finance and Trade, July 2016, Taylor & Francis,
DOI: 10.1080/1540496x.2016.1156525.
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