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Drivers of and Barriers to the SME Internationalisation Process in a Small Open Economy

Author

Listed:
  • Ana Brochado

    (Instituto Universitário de Lisboa (ISCTE-IUL), DINÂMIA´CET – IUL)

  • Carla Azevedo lobo

    (Universidade Portucalense, Research on Economics, Management and Information Technologies (REMIT))

  • Luís Pacheco

    (Universidade Portucalense, Research on Economics, Management and Information Technologies (REMIT))

  • Isabel Maldonado

    (Universidade Portucalense, Research on Economics, Management and Information Technologies (REMIT))

Abstract

Small and medium-sized enterprises (SMEs) have actively increased their participation in international markets. This research's primary objective was to identify, based on 11 case studies, the main barriers to and drivers of the SME internationalisation process in a small open economy. Content analysis of in-depth interviews used Leximancer software to identify 7 themes that describe both internal and external barriers and 12 themes that characterise drivers, which were classified into five groups: SME human capital, technology, institutional support, networks and other drivers. Designation : Empirical

Suggested Citation

  • Ana Brochado & Carla Azevedo lobo & Luís Pacheco & Isabel Maldonado, 2020. "Drivers of and Barriers to the SME Internationalisation Process in a Small Open Economy," Economics Bulletin, AccessEcon, vol. 40(4), pages 2932-2942.
  • Handle: RePEc:ebl:ecbull:eb-20-00839
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    References listed on IDEAS

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    Cited by:

    1. Wieslaw Urban & Katarzyna Krot & Anna Tomaszuk, 2023. "A cross-national study of internationalisation barriers with reference to SME value chain," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 18(2), pages 523-549, June.

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    More about this item

    Keywords

    SMEs; internationalisation process; barriers; drivers;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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