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The Internationalization of SMEs in Colombia

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  • Meléndez, Marcela

Abstract

This article sets forth empirical evidence on the participation of Colombian small and medium enterprises (SMEs) in international markets between 2000 and 2012, and discusses the elements that have facilitated these businesses' process of international insertion and the barriers that still need to be overcome, as well as the role that public policy has so far played and must continue to play. The descriptive analysis is based on data from the official international trade records of the Colombian Directorate of Customs and Excise (DIAN), which are processed to motivate the discussion presented herein. Furthermore, this paper is not an original empirical study, but a discussion of the findings of a previous empirical study that explored aspects of the Internationalization of SMEs in Colombia.

Suggested Citation

  • Meléndez, Marcela, 2013. "The Internationalization of SMEs in Colombia," Revista Integración y Comercio (Integration and Trade Journal), Inter-American Development Bank, INTAL, vol. 37(17), pages 23-38.
    • Handle: RePEc:idb:intala:jou:integandcom:v:37:y:2013:i:17:p:23-38
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    More about this item

    Keywords

    PEQUEÑAS Y MEDIANAS EMPRESAS; POLITICA COMERCIAL; ACCESO A LOS MERCADOS; POLITICAS PUBLICAS EN GENERAL; PYMES;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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