The Internacionalising processes of small and medium companies in the Czech republic

conference paper

English

The importance of small and medium sized enterprises (SMEs) in the development of East and Central European transformation economies has, in recent years, become increasingly a matter of debates. Glas et al (1999), for example, suggest that SMEs are important factors in the sustainability of economic transformation through their growing contribution to exports and business co-operation in general, as well as to the formation of a vibrant domestic industrial economy, in particular. The long-term sustainability of SMEs is increasingly enhanced by the entry of such firms into foreign markets, often because of the increased competition in the home country and because of market-size limitations. Researchers have sought explanations for both the initial entry decision-making and the process by which SMEs internationalise. For transformation economies it is important to understand the process of SME internationalisation more fully, in order to develop effective governmental and other institutional policies.This paper contains an examination of the preliminary results from the first stage of a Czech Government-sponsored project (GA 402/02/0106) to research the dynamics of SME internationalisation in the Czech Republic. The current literature on the internationalisation of SMEs is briefly examined and a resource-based view expounded before research propositions are formulated and the results of this initial stage of the research project discussed.

Internationalisation, SME's, theoretical insight, RBV

ŠIMBEROVÁ, I.; REŽŇÁKOVÁ, M.; ZICH, R.; BŘEČKOVÁ, P.; POLLARD, D.

1. 1. 2003

VUT v Brně, Fakulta podnikatelská

Brno

80-214-2445-1

Business and Economic Development in Central and Eastern Europe in the Period of Joining to the European Union

VUT

1

93

104

11