PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMES
Internationalization is often considered a strategic option for SMEs, but a large part of small firms’ contribution to internationalization is not reflected in statistics, as many of them participate indirectly in the global economy as suppliers of exporting firms. The export-oriented model of SMEs...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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University of Oradea Publishing House
2022-03-01
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| Series: | Oradea Journal of Business and Economics |
| Subjects: | |
| Online Access: | http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2022/03/OJBE-71_86-97.pdf |
| _version_ | 1818772854057992192 |
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| author | Monica Cenan (Ciucos) Alina Badulescu |
| author_facet | Monica Cenan (Ciucos) Alina Badulescu |
| author_sort | Monica Cenan (Ciucos) |
| collection | DOAJ |
| description | Internationalization is often considered a strategic option for SMEs, but a large part of small firms’ contribution to internationalization is not reflected in statistics, as many of them participate indirectly in the global economy as suppliers of exporting firms. The export-oriented model of SMEs seems to follow the general strategic choices, most SMEs do not export at all, and most exporting SMEs are regular companies. The literature mentions a number of characteristics that distinguish companies that are likely to export such as group membership, consistent expertise, size, rapid growth and innovation orientation, production experience or collaborations in production and distribution. At the European Union level, the recognition of the role of internationalization in increasing the performance of SMEs and the performance of the economy as a whole is complemented by extensive support measures, which prove both their direct role (volume of exports and imports, degree of international cooperation, profitability, turnover, competitiveness) but also their indirect role, to train young companies, dynamic in the world economic circuit. |
| first_indexed | 2024-12-18T10:15:58Z |
| format | Article |
| id | doaj.art-679da117563948cdbe394e9a975e3ef5 |
| institution | Directory Open Access Journal |
| issn | 2501-3599 |
| language | English |
| last_indexed | 2024-12-18T10:15:58Z |
| publishDate | 2022-03-01 |
| publisher | University of Oradea Publishing House |
| record_format | Article |
| series | Oradea Journal of Business and Economics |
| spelling | doaj.art-679da117563948cdbe394e9a975e3ef52022-12-21T21:11:17ZengUniversity of Oradea Publishing HouseOradea Journal of Business and Economics2501-35992022-03-0171http://doi.org/10.47535/1991ojbe140PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMESMonica Cenan (Ciucos)0Alina Badulescu1Doctoral School of Economic Sciences, Faculty of Economic Sciences, University of Oradea, Oradea, RomaniaDepartment of Economic and Business, Faculty of Economic Sciences, University of Oradea, Oradea, RomaniaInternationalization is often considered a strategic option for SMEs, but a large part of small firms’ contribution to internationalization is not reflected in statistics, as many of them participate indirectly in the global economy as suppliers of exporting firms. The export-oriented model of SMEs seems to follow the general strategic choices, most SMEs do not export at all, and most exporting SMEs are regular companies. The literature mentions a number of characteristics that distinguish companies that are likely to export such as group membership, consistent expertise, size, rapid growth and innovation orientation, production experience or collaborations in production and distribution. At the European Union level, the recognition of the role of internationalization in increasing the performance of SMEs and the performance of the economy as a whole is complemented by extensive support measures, which prove both their direct role (volume of exports and imports, degree of international cooperation, profitability, turnover, competitiveness) but also their indirect role, to train young companies, dynamic in the world economic circuit.http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2022/03/OJBE-71_86-97.pdfsmeseuropean unioninternationalizationperformancestrategy |
| spellingShingle | Monica Cenan (Ciucos) Alina Badulescu PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMES Oradea Journal of Business and Economics smes european union internationalization performance strategy |
| title | PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMES |
| title_full | PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMES |
| title_fullStr | PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMES |
| title_full_unstemmed | PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMES |
| title_short | PERFORMANCE THROUGH INTERNATIONALIZATION AS A STRATEGIC OPTION FOR SMES |
| title_sort | performance through internationalization as a strategic option for smes |
| topic | smes european union internationalization performance strategy |
| url | http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2022/03/OJBE-71_86-97.pdf |
| work_keys_str_mv | AT monicacenanciucos performancethroughinternationalizationasastrategicoptionforsmes AT alinabadulescu performancethroughinternationalizationasastrategicoptionforsmes |