Dynamics of internationalization processes of SMEs

This section will discuss in detail the dynamics of SMEs’ internationalization processes, in particular the role of firm size in engaging in and pursuing internationalization, as well as the impact of internationalization on firms’ performance. As was explained in Section B, internationalization is often defined as how a firm conducts business activities in foreign countries through indirect exports, direct exports, international subcontracting (licensing or outsourcing) or investment.