A Theoretical Framework for Supporting The Internationalization of SMEs

Abstract

Research on small and medium-sized enterprises (SMEs) focuses on the reasons and the way in which SMEs are moving towards internationalization. The majority uses one of the three commonly used approaches, namely the economic, the network and the organizational approach. Each provides an illustration that is consistent with his or her point of view but can not afford a comprehensive overview of SMEs internationalization. This study aims to combine these three approaches by creating a structured framework theory. In this study, the method used is the qualitative approach with a higher level of content analysis. This study is conducted by collecting and studying data and information obtained from journals, and other sources of literature. The results depict that the rapidly evolving concept of digital technology now seems to be a unifying factor in the integration of these three approaches. This concept can provide explanations not only about the "why," but also about "how" SMEs internationalization.