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The process of internationalisation of small and medium sized enterprises: the Italian case of the ‘Consortium to promote exports’ and the existing instruments for Welsh small companies

This dissertation is inspired by the North Italian economic framework. In fact, Northern Italy is probably the place in Europe where Small and Medium-sized Enterprises (SMEs) represent the biggest part of economic growth.
Analysing SMEs is really fascinating because they are a symbol of strong entrepreneurship. Northern Italy represents a good subject to analyse in order to understand which tools are available in order for the SMEs to become international. One of these instruments, and maybe one of the most important, is the ‘Consortium to promote Exports ’. Through this instrument (an association of enterprises that mean to join resources to promote the exportations) Italian SMEs are assisted in their first steps to internationalisation.
Afterwards, having developed and clarified the Italian case of the ‘Consortium to promote Exports’, the following step is the analysis of the instruments the Welsh SMEs use to go international. This piece of work tries to understand to what extent the Welsh SMEs cope with globalisation and the main reasons for becoming international, considering the strengths and weaknesses.
Finally, the conclusion highlights the peculiarities of both models. It takes into account the global economy framework and attempts to set the way Italian and Welsh governments could improve the future of SMEs.

Mostra/Nascondi contenuto.
Introduction The modern global economy presents difficult challenges to small enterprises. The Euro-Zone has brought great changes in the competitive environment, and new ways of commerce 1 are pushing business dynamics faster. The larger organisations are growing on a global scale affecting, with their investments, the smaller companies. In fact, the high level of competition coming from the internationalisation and globalisation processes speeds up the investment flow towards the foreign markets. We are now going through an age made of heavy challenges, where those who are not well equipped to win are going to be left at the edge of the competition. These companies are likely to be driven out of the market by those who would have been able to find a way to succeed. On one hand open competition, and the increased ability of the consumers to be active players on the value chain, represents a great risk for the small companies. On the other hand however, the global contest delivers important opportunities 5 . The business dynamics change suddenly requiring companies to deep scan the market. It is the ability, the long-life innovation and learning, the attitude to risk and investment that are able to solve the dilemma between business occasion and growing risk. Small companies have a great possibility to be the next first player on the global scene, 4 Such as the e-commerce 5 The e-commerce, for instance, is the tip of the iceberg

Tesi estera

Autore: Alessandro Fichera Contatta »

Composta da 88 pagine.

 

Questa tesi ha raggiunto 583 click dal 20/03/2004.

 

Consultata integralmente 7 volte.

Disponibile in PDF, la consultazione è esclusivamente in formato digitale.