What is it about?
Small and medium-sized enterprises (SMEs) are companies employing 10-250 people. SMEs originating from smaller economies especially, to grow successfully means to also internationalize successfully. This study describes how the national and organizational culture can drive and restrict international growth of SMEs, and what paths SMEs choose to successfully grow and internationalize. To do so, we use the national context of Finland.
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Why is it important?
Successful growth of small- and medium-sized enterprises (SMEs) is critical for long-term development of most economies and regions in the world, including in the European Union. For this reason, both managers and policy makers should understand the forces that drive or hinder successful international growth of firms in their home country. Changes in policies and firm strategies are more effective when there is an understanding of how the home country environment helps firms in achieving international growth.
Perspectives
Writing this article was a great pleasure as it has co-authors with whom I have had long standing collaborations. This study brings together the Finnish firm-level and national-level aspects that impact internationalization of Finnish SMEs. We were happy to bring together the "picture" of the determinants of international expansion of smaller firms in Finland.
Dr Lasse Torkkeli
Turku School of Economics
Read the Original
This page is a summary of: International entrepreneurship among Finnish SMEs, Edward Elgar Publishing,
DOI: 10.4337/9781783471584.00025.
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