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Theoretical Approaches of SME Internationalization

Author

Listed:
  • Igor Burakovsky

    (National University "Kyiv - Mohyla Academy", Ukraine)

  • Andrii Voloshyn

    (National University "Kyiv - Mohyla Academy", Ukraine)

Abstract

Globalization is one of the key features of today. Most economies are open and therefore economic agents are exposed to external influences, which can be manifested through exports, imports and competition. The main issue of the paper is how an enterprise in the SME sector should carry out the process of internationalization based on available resources and the economic system of the country in which it operates. The main theoretical models of internationalization are considered in the paper and their comparison with the possibility of application in the Ukrainian realities is made.

Suggested Citation

  • Igor Burakovsky & Andrii Voloshyn, 2021. "Theoretical Approaches of SME Internationalization," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 10(1), pages 1-9, April.
    • Handle: RePEc:ods:journl:v:10:y:2021:i:1:p:1-9
    as

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    References listed on IDEAS

    as
    1. Tamara A. Horobets, 2020. "Measuring Performance of the SMEs: A Case of Ukraine," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 9(4), pages 162-168, December.
    2. Jan Johanson & Jan-Erik Vahlne, 1977. "The Internationalization Process of the Firm—A Model of Knowledge Development and Increasing Foreign Market Commitments," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 8(1), pages 23-32, March.
    3. Timo Pihkala & Elina Varamaki & Jukka Vesalainen, 1999. "Virtual organization and the SMEs: a review and model development," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 11(4), pages 335-349, October.
    4. Jan Johanson & Finn Wiedersheim‐Paul, 1975. "The Internationalization Of The Firm — Four Swedish Cases 1," Journal of Management Studies, Wiley Blackwell, vol. 12(3), pages 305-323, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    SMEs; internationalization; enterprise; Melitz model; Uppsala model;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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