Abstract

Throughout the lines of this article, we tend to expose the different theoretical approaches to the internationalization of Small and Medium-Sized Enterprises (SMEs). In particular, this paper aims to present the main approaches proposed not only in the literature but also in the shadow of the new international behaviors of SMEs, to question their scope. Moreover, this contribution seeks to draw attention to new types of internationalization among SMEs, in this case, participation in Global Value Chains (GVCs) and electronic commerce (e-commerce).

Highlights

  • The role of Small and Medium Enterprises (SMEs) is crucial in the economic development of any country (Wang, 2016)

  • In the light of what has been discussed; this article attempts to revisit the main theoretical approaches relating to international development among Small and Medium-Sized Enterprises (SMEs)

  • This article sheds light on new trends characterizing the behavior of SMEs conducting transactions with partners abroad

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Summary

INTRODUCTION

The role of Small and Medium Enterprises (SMEs) is crucial in the economic development of any country (Wang, 2016) These entities represent the core of the business base around the world (Abdin, 2017). The internationalization of SMEs has been an area of interest for researchers for several decades (Kazlauskaité, 2015; Hsieh et al, 2019) The development of these companies beyond their national borders has given rise to different theoretical approaches, each attempting to emphasize a particular aspect: approach by stages (Johanson & Vahlne, 1977; 2009), by networks (Johanson & Vahlne, 1990; Musteen et al, 2014), through resources and skills (Laghzaoui, 2009), the “Born-Global” approach

SMEs BETWEEN QUANTITATIVE CATEGORIZATION AND QUALITATIVE SPECIFICITIES
Quantitative specificities of SMEs
Qualitative characteristics of SMEs
INTERNATIONALIZATION OF SMEs
Approaches to the internationalization of SMEs
Stages approach
Network approach
Fast and accelerated internationalization approach
Resources and skills approach
Internationalization by global value chains
CONCLUSION
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