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  • The dynamic internationalization model of Slovenian born global SMEs [elektronski vir]
    Lejko, Ina ; Bojnec, Štefan
    Small and medium sized enterprises (SMEs) are important business actors in the Slovenian, as well as European economy. In addition to the current global market conditions, reflecting a severe ... economic downturn, the SMEs in Slovenia and other transition economies operate under additional extensive external pressures, arising from the opening of their domestic markets. Under such conditions, companies, including SMEs, perceive internationalization as an inevitable, or even urgent step in the process of their business operations. However, companies pursue very different paths in their internationalization process. Whilst the majority of enterprises still follow the traditional internationalization patterns, that consist of exports or other simpler foreign market entry modes, and target geographically and psychically closer markets, others take on several distant parts of the global market soon after their inception. Such enterprises can be denoted as Born Global enterprises or International New Ventures, and are commonly associated with high-technology or other niche-market production, that constraints them from achieving economies of scale on a local market, especially in the case of the latter being a smaller one. In the paper, we explore the key challenges that Slovenian Born Global SMEs are faced in their internationalization effort. The results of the exploratory qualitative analysis of selected companies are used to construct a dynamic model of SMEs' internationalization.
    Vir: Global economic and financial system: crisis or change? [elektronski vir] : EuroConference 2012, July 12-14, 2012 in Portorož, Slovenia (30 str.)
    Vrsta gradiva - prispevek na konferenci
    Leto - 2012
    Jezik - angleški
    COBISS.SI-ID - 4441815

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