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The internationalization of SMEs operating in the engineering industry

Author

Listed:
  • Lenka Procházková

    (Ústav marketingu a obchodu, Mendelova univerzita v Brně, 613 00 Brno, Česká republika)

  • Lea Kubíčková

    (Ústav marketingu a obchodu, Mendelova univerzita v Brně, 613 00 Brno, Česká republika)

Abstract

The importance of small and medium enterprises (SMEs) in the national economies of EU countries has been always growing. For these reasons, the increasing attention is paid to small and medium-sized enterprises also in the Czech economy. The paper is focused on the globalization of small and medium enterprises, in particular, identifying the key success factors of small and medium-sized businesses that operate in the engineering industry. For the purpose of fulfilling the objective of the article, the level of success of SMEs in foreign markets is established with the aggregate indicator of success. Subsequently the results of the primary research among the Czech engineering companies are presented, based on this research the factors affecting the success of these entities of engineering industry in foreign markets are defined.

Suggested Citation

  • Lenka Procházková & Lea Kubíčková, 2012. "The internationalization of SMEs operating in the engineering industry," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 60(2), pages 279-284.
    • Handle: RePEc:mup:actaun:actaun_2012060020279
    DOI: 10.11118/actaun201260020279
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    References listed on IDEAS

    as
    1. Kubíčková, Lea & Peprný, Aleš, 2011. "The internalization of small and medium-sized enterprises in the viticulture," MPRA Paper 43762, University Library of Munich, Germany.
    2. Harrison, Andrew & Dalkiran, Ertugrul & Elsey, Ena, 2000. "International Business: Global Competition From a European Perspective," OUP Catalogue, Oxford University Press, number 9780198782131.
    3. Man, Thomas W. Y. & Lau, Theresa & Chan, K. F., 2002. "The competitiveness of small and medium enterprises: A conceptualization with focus on entrepreneurial competencies," Journal of Business Venturing, Elsevier, vol. 17(2), pages 123-142, March.
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