1,721,144 research outputs found

    Policies to support internationalization

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    This paper presents practical suggestions and recommendations as to how public policy in Europe could make more of a contribution to the profitable exploitation of foreign market opportunities by Europe’s SMEs. The paper will seek to combine practical policy relevance with theoretical soundness. As such, it will present a relevant and useful example of the relationship between scientifically robust research and public policy making. In this regard, the opportunity will be taken to identify a number of relevant issues in public policy making including some conclusions drawn with respect to the extent to which policy for internationalization is evidence based, as well as aspects of internationalization policy appears to have run ahead on the scientific evidence base

    UK SMEs' entrepreneurial behaviour and planning in BREXIT

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    Uncertainty is known to be associated with the internationalisation process in past research. Brexit has simulated the uncertainty in the UK business environment, especially to exporting SMEs. As the lifeblood of the UK economy, SMEs’ international behaviour and planning in this turbulent environment is central to reflect their responses to the economic and political changes. This study aims to explore the entrepreneurial planning and behaviour of UK based SMEs and their reaction to Brexit. More specifically, a comparative study is conducted to verify how born globals and established enterprises perceive and the consequences on their planning and behaviour

    China – a focus on local policy Regional differences in the policy initiatives for entrepreneurial activities

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    This chapter focuses on local public policies relevant to SME development and entrepreneurship in China. Previous research has mainly been concerned with specific policies and programmes promoting innovative SMEs and entrepreneurship at the national level. Using the documents of entrepreneurship policy initiatives and datasets on SME development in two contrasting provinces covering a period of 10 years, entrepreneurship policy in China is shown to be more complex than in most other countries, serving not only entrepreneurial activities but also institutional transition. Geographic disparities in SME development and entrepreneurship are demonstrated (see detailed analysis undertaken in Guangdong and Sichuan). As a result, whilst there are marked differences in the policy priorities in Guangdong and Sichuan, all levels of government share a common goal to promote entrepreneurship and innovation

    Promoting private sector development in China: the challenge of building institutional capacity at the local level

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    China’s rapid growth in recent decades can be attributed in large part to the emergence of a vibrant private sector, which now accounts for around three quarters of the economy. Despite government pronouncements in support of private small businesses, public policy and institutions to support private sector development have been slow to emerge and address their needs. However, many privately owned enterprises are in need of assistance, affected by internal capability constraints such as a lack of management and leadership skills and by an external environment that still privileges state-owned enterprises. Although policy makers may have had other policy priorities in the past, and private enterprises have been able to survive and grow without inputs of professional advice and support, we argue that in the future small and medium-sized enterprises in China will require appropriate and effective business support to continue to grow. In this context we consider two interventions designed to build institutional capacity to provide business support at a local level and the barriers to be overcome if an effective framework for state promotion of privately owned small businesses is to be established

    Internationalisation and European small- and medium-sized enterprises

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    The chapter introduces main theoretical approaches to the study of SME internationalisation, opportunities and challenges, the SMEs’ international orientation and tendency in different contexts. The discussion will be illustrated with some empirical evidence not only in Central and Eastern Europe but also in a wider context. Additionally, the public policy intervention on SME internationalisation will be discussed to verify how the existing support has addressed SME needs to facilitate internationalisation and what the remaining concerns are

    Future of manufacturing : Open to Export - internationalisation policy measure (UK)

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    The paper analyses the extent which the scheme Open-to-Export has supported internationalising SMEs in the UK in the past years. The paper takes into consideration the context, objectives, strengths and weakness, as well as the monitoring and impact of the intervention, especially to born globals and young international SMEs in the UK

    Future of manufacturing : IP Attaché Network - internationalisation policy measure (UK)

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    The paper analyses the operation, monitoring and impact of the scheme IP Attaché Network. The paper investigates the extent to which the measure has supported UK SMEs in protecting their intellectual properties when internationlising in the international market and lessons learned
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