SME internationalization research: past, present, and future

Abstract

Purpose

The purpose of this paper is to understand the similarities and differences in the internationalization of SMEs and MNEs and the specific factors affecting them.

Design/methodology/approach

The relevant literature was reviewed particularly in the context of the major theories of internationalization.

Findings

The positive and negative aspects of each theoretical approach to internationalization are present to form the basis of a new model of international entrepreneurship.

Research limitations/implications

The newly developed conceptual model has not been empirically tested.

Originality/value

A redeveloped theoretical integrative conceptual model of international entrepreneurship is proposed based on four internationalization properties (mode, market, product, and time), internationalization performance, and key antecedents and consequences of the internationalization process.

Citation

Ruzzier, M., Hisrich, R.D. and Antoncic, B. (2006), "SME internationalization research: past, present, and future", Journal of Small Business and Enterprise Development, Vol. 13 No. 4, pp. 476-497. https://doi.org/10.1108/14626000610705705