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Internationalization from the European Fringe: the Experience of SMEs

In: Competitive European Peripheries

Author

Listed:
  • Heikki Eskelinen

    (University of Joensuu)

  • Leif Lindmark

    (Umeå University)

Abstract

In the Nordic countries, as in many other countries, economies of scale was the leading economic principle in the 1960s. In Sweden and Finland in particular it was the decade of large firms. Then came the 1970s with economic crises. Firms in several industrial sectors were badly hit by changes in the economic climate. Mainly it was large rather than small firms that had problems. A result of the crises faced by large firms was a growing political interest in small and medium-sized enterprises (SMEs) and entrepreneurship. The formation of new firms increased as did the number of people working in SMEs. Thus the 1980s can be labelled the decade of SMEs.

Suggested Citation

  • Heikki Eskelinen & Leif Lindmark, 1995. "Internationalization from the European Fringe: the Experience of SMEs," Advances in Spatial Science, in: Heikki Eskelinen & Folke Snickars (ed.), Competitive European Peripheries, chapter 0, pages 205-233, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-79955-6_11
    DOI: 10.1007/978-3-642-79955-6_11
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