B. Study 1: SMEs’ Internationalization Patterns: Descriptives, Dynamics and Determinants
Since the middle of the twentieth century, the world has witnessed a rapid internationalization of markets, industries and firms. This development has been reflected by the growing number of conceptual and empirical studies on international marketing and international entrepreneurship, among other areas. Although many theoretical frameworks exist, internationalization still poses a critical challenge, particularly for SMEs (Moen 2002; Jones and Coviello 2005).
KeywordsForeign Market Latent Class Analysis Growth Orientation Home Market Psychic Distance
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