«ISSUE Vol. VIII No. 1 March 2013 ERENET PROFILE CONTENT SPRING MESSAGE PUBLISHER Dr. Péter Szirmai – Editor PAPERS Dr. Antal Szabó – ...»
It gives me immense pleasure to introduce to you the International Society for Small and Medium Enterprises (ISSME), an ISO 9001 certified International Non-Government Organisation with its headquarters at New Delhi which works with members, affiliates and partners across the world for the promotion of Small and Medium-sized Enterprises (SMEs). ISSME brings together policy makers, facilitators, experts, educators, researchers and SMEs from around the world to share experience, knowledge and expertise in their respective fields.
For more information, please log on to:http://www.issme.org and http://www.iwc13.org
As part of ISSME’s endeavour to enhance effective global networking and to synergize the efforts of likeminded institutions/organizations, we are organizing a four-day World Conference on Best Practices in Promoting SMEs with the main theme of “Fostering International Linkages for SMEs Development" being held in Gurgaon, Delhi NCR, India, from 18-21, October 2013.
The Ministry of Micro, Small and Medium Enterprises, Government of India has shown an inclination to support the ISSME World Conference 2013 (IWC 2013), which will bring together policy makers from governments, representatives of international organisations, support agencies, chambers of commerce & industries, industry associations, entrepreneurs, business advisers, coaches, counsellors, consultants, educators, financiers, mentors, banks & financial institutions and NGOs to discuss issues relevant to SMEs worldwide The event offers an unparalleled opportunity to create & strengthen partnerships between SMEs and their support institutions/organisations through attractive program, social activities, partnerships and sponsorship options.
The IWC 2013, expected to attract around 1000 participants, provides an ideal opportunity for participants, partners, sponsors and exhibitors to reach out to the global SME community with options including the 4-day Conference (Public Agency Forum, Plenary Sessions, Workshops and Symposiums which will feature keynote speakers and SME experts); a concurrent Exhibition for SMEs and their support institutions to showcase their products, services and expertise and the ISSME Global Awards which recognise the Best of the Best in the World from businesses/entrepreneurs and support institutions/organisations.
I am writing to invite you to be a part of this exciting, dynamic and inspiring four-day conference-cumexhibition hosted by India and experience Indian culture, heritage and natural beauty, engage with small business experts, heads of organisations and policy makers on best practices in promoting small and medium-sized enterprises. Come and hear firsthand how they are fostering international linkages for SMEs development.
I sincerely request you for your kind participation and to promote the event in your country/ region.
Looking forward to seeing you at the IWC 2013.
Warm regards Sunil D Sharma, Secretary General, ISSME, E-mail: email@example.com
INTERNATIONALIZATION OF SMEsby Nelly Daszkiewicz – Krzysztof Wach Gdansk University of Technology Publishers ISBN 978-83-7348-411-5 Gdansk, 2012 During the last three decades SMEs have been very important players in national economies. They are dynamic and flexible and their role in job creation is crucial. Moreover, due to internationalization of economies and accelerating globalization processes a decade ago, a growing number of SMEs have been trying to take advantage of new environmental conditions, i.e. appearing chances for internationalization. Thus, many of them have started entering new markets.
It should be stressed that internationalization of firms – as a research topic – until 1970s concerned large enterprises rather than SMEs. It was due to the fact that most of small firms not only functioned locally, but what is more, were not interested in going international at that time. However, international behaviours of SMEs as well as researchers’ attitudes towards internationalization have changed over time. Initially, internationalization was viewed as an export-led phenomenon and an incremental process. Later, new approaches were developed.
The purpose of this book is to present internationalization of SMEs in a broad sense; its contexts, models and ways of implementation. The book tries to combine two perspectives – the academic theory and the business practice. From the theoretical point of view, the book covers a long research period – since the early 1970s (e.g. stages models) up till now (e.g. holistic and integrative approaches or knowledge-based models). From the pragmatic point of view, the book shows the steps needed to prepare and implement the successful international strategies, especially in the European context.
On one hand, the book can be considered as interesting to academic scholars as well as PhD students exploring the present-day concepts of internationalization of SMEs. On the other hand, the book is addressed to economics and business bachelor and master students as a supplementary textbook. It may also be of interest to entrepreneurs as well as managers, who are considering or are just interested in going international. The book offers to them the knowledge they require as well as useful tips.
The book consists of six chapters, the first two of which try to combine the theory with the practice, while the last four have more theoretical character.
Chapter 1, Context of Contemporary Internationalization Processes of SMEs, has introductory character. At first, the key terms (internationalization, globalization, Europeanization) and their contexts are explained. It also presents the role of SMEs in contemporary European economy according to statistical data and research results. Finally, the influence of these processes on SMEs are described.
Chapter 2, European Context of Internationalization, shows the conditions for internationalization European businesses within the European Union. The EU law in the field of doing cross-border business (including the EU freedom of establishment and the legal forms of ERENET Profile Vol. VII, No. 4. www.erenet.org businesses) was discussed. Finally, the formal and economic conditions for doing business in the EU in the international comparative perspective, were discussed.
Chapter 3, Internationalization Strategies for SMEs, elaborates on the implementation of internationalization strategies, their preparation and structures. It presents modes of internationalization in three groups, which are sales internationalization (e.g. indirect, direct, cooperative export, representative offices), contractual forms based on the international cooperation (e.g. licensing, franchising, strategic alliances), foreign direct investments (e.g.
branches, joint-venture and wholly-owned subsidiaries). The role and importance of ownership structure for greenfield and brownfield international business was also discussed.
Chapter 4, Classical Approaches towards Small Firm Internationalization, presents “old” internationalization theories. In spite of fast development of the research and new approaches towards small firm internationalization, most of the described theories are still very strong and significant paradigms. Stages theory, ‘eclectic paradigm’ (OLI), resourcebased models, ‘born global’ SMEs may be examples of the classical approach. Moreover, models for transformed economies are presented.
Chapter 5, Internationalization of SMEs through Networks, concerns the role of network in small firm internationalization process. This approach concentrates on the market and the relationship of the firm to that market. According to the network approach internationalization is seen as a process in which relationships are continuously established and developed, with the aim of achieving objectives of the firm. The impact of network relationship on SMEs internationalization process is also described.
Chapter 6, New Approach towards Internationalization of SMEs, shows the attempts to integrate different approaches towards internationalization. There is no doubt that nowadays internationalization is a complex phenomenon. Therefore, researchers have been looking for new conceptual frameworks. Holistic approach, integrative model and knowledgebased models are described.