Emerging Tech

Internationalization Strategy And Performance Of Small And Medium Sized Enterprises

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Executive Summary

Focusing on the timing and geographical scope of import and export activities of Belgian Small and Medium sized Enterprises (SMEs), the paper analyzes the importance, structural features and performance implications of firms that recently started to export following the geographical configuration of their international trade operations and their year of establishment. There is a striking consistency in the findings about the internationalization of firms across countries: firms involved in international activities are fewer in number, but bigger and more productive than other firms.

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