Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/46821
Authors: 
Schmidt, Klaus-Dieter
Year of Publication: 
1996
Series/Report no.: 
Kiel Working Papers 721
Abstract: 
It is often argued that the process of globalization has mainly favoured large-scale multinational companies which are able to organize their business efficiently within internal hierarchies. However, globalization has not only pushed cross-border intra-finn transactions but also other arrangements among firms such as licensing or subcontracting that fall short of ownership involvements. This opens up new opportunities for small and medium sized enterprises, too. The paper provides a general introduction to small and medium sized enterprises' international business. It reviews the more recent theoretical discussion and presents the results of several empirical studies. Finally, it explores the implications for further research.
JEL: 
F2
L2
Document Type: 
Working Paper

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