SMBs

The Methodological Tools of Innovativeness, Proactiveness, and Internationalisation Towards the Prosperity of Global Small and Medium Sized Enterprises (Global SMEs) in an Epoch of Economic Recession

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Executive Summary

The international entrepreneurship field has been predominately focused on the speed or pace of the firm to the international market. International entrepreneurial firms are considered to be typically smaller firms that from inception go abroad; contrarily, incremental internationalizes spend significant time in the domestic market prior to their initial internationalisation venture. Numerous studies have been addressed the aspect of internationalisation speed, pointing out the dimension of fast pace of the firm to foreign markets as the sole criterion for it to be characterised as international entrepreneurial.

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