IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2025v5p164-175.html

Overcoming Barriers To Sme Internationalization And Globalization: Insights From A Systematic Literature Review

Author

Listed:
  • DURA CODRUTA CORNELIA

    (UNIVERSITY OF PETROȘANI, ROMANIA. UNIVERSITY OF ORADEA, DOCTORAL SCHOOL OF ECONOMIC SCIENCES, ROMANIA)

  • GHICAJANU MIHAELA

    (UNIVERSITY OF PETROȘANI, DEPARTMENT OF MANAGEMENT AND INDUSTRIAL ENGINEERING, ROMANIA)

Abstract

While small and medium-sized enterprises (SMEs) play a pivotal role in driving global economic growth, innovation, and employment, they continue to encounter substantial challenges in their efforts to internationalize. Despite their importance, existing research on SME internationalization remains fragmented and lacks theoretical cohesion, leading to inconclusive findings about how SMEs expand and compete globally. This paper addresses this critical gap by systematically reviewing and synthesizing the diverse strands of literature on SMEs’ pathways to internationalization and globalization. Employing the PRISMA framework, a rigorously structured approach for conducting systematic literature reviews, the study ensures transparency and replicability in the selection and analysis of publications. The review draws from the Scopus database, recognized for its extensive coverage of peer-reviewed academic works, and examines studies published over a 20-year period (2004–2024) across multiple subject areas to capture a holistic perspective. Through this process, seven dominant themes emerged, with strategic alliances identified as the most influential driver of SME internationalization, reflecting SMEs’ dependence on collaboration, partnership networks, and resource sharing to overcome size and resource constraints. However, the study also reveals persistent barriers to the effective implementation of these strategies, including limited financial capacity, inadequate managerial expertise, and weak institutional support. By highlighting these challenges, the review not only consolidates existing knowledge but also outlines key directions for future research, emphasizing the need to examine contextual factors such as industry dynamics, digital transformation, and regional policy environments.

Suggested Citation

  • Dura Codruta Cornelia & Ghicajanu Mihaela, 2025. "Overcoming Barriers To Sme Internationalization And Globalization: Insights From A Systematic Literature Review," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 164-175, October.
  • Handle: RePEc:cbu:jrnlec:y:2025:v:5:p:164-175
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2025-05,%20Volumul%20I/17_Dura.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Elena-Mădălina Vătămănescu & Elena-Alexandra Gorgos & Alexandru Mihai Ghigiu & Monica Pătruț, 2019. "Bridging Intellectual Capital and SMEs Internationalization through the Lens of Sustainable Competitive Advantage: A Systematic Literature Review," Sustainability, MDPI, vol. 11(9), pages 1-22, April.
    2. Hengbin Yin & Muhammad Mohsin & Luyao Zhang & Chong Qian & Yan Cai, 2022. "Accessing the Impact of FDI Goals on Risk Management Strategy and Management Performance in the Digital Era: A Case Study of SMEs in China," Sustainability, MDPI, vol. 14(22), pages 1-20, November.
    3. Paul, Justin & Parthasarathy, Sundar & Gupta, Parul, 2017. "Exporting challenges of SMEs: A review and future research agenda," Journal of World Business, Elsevier, vol. 52(3), pages 327-342.
    4. Jiang, Guohua & Kotabe, Masaaki & Zhang, Feng & Hao, Andy W. & Paul, Justin & Wang, Cheng Lu, 2020. "The determinants and performance of early internationalizing firms: A literature review and research agenda," International Business Review, Elsevier, vol. 29(4).
    5. Ioan-Iustin Vadana & Olli Kuivalainen & Lasse Torkkeli & Sami Saarenketo, 2021. "The Role of Digitalization on the Internationalization Strategy of Born-Digital Companies," Sustainability, MDPI, vol. 13(24), pages 1-18, December.
    6. Francisco Liñán & Justin Paul & Alain Fayolle, 2020. "SMEs and entrepreneurship in the era of globalization: advances and theoretical approaches," Small Business Economics, Springer, vol. 55(3), pages 695-703, October.
    7. Wan Liu & Steven Si, 2022. "Disruptive Innovation in the Context of Retailing: Digital Trends and the Internationalization of the Yiwu Commodity Market," Sustainability, MDPI, vol. 14(13), pages 1-17, June.
    8. Juan M. Gil-Barragan & María José López-Sánchez, 2021. "The Fast Lane of Internationalization of Latin American SMEs: A Location-Based Approach," Sustainability, MDPI, vol. 13(6), pages 1-20, March.
    9. Jafari-Sadeghi, Vahid & Amoozad Mahdiraji, Hannan & Busso, Donatella & Yahiaoui, Dorra, 2022. "Towards agility in international high-tech SMEs: Exploring key drivers and main outcomes of dynamic capabilities," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    10. Susanne Mueller‐Using & Wieslaw Urban & Jan Wedemeier, 2020. "Internationalization of SMEs in the Baltic Sea Region: Barriers of cross‐national collaboration considering regional innovation strategies for smart specialization," Growth and Change, Wiley Blackwell, vol. 51(4), pages 1471-1490, December.
    11. Katri-Liis Lepik & Merle Krigul, 2021. "Expectations and Needs of Estonian Health Sector SMEs from Living Labs in an International Context," Sustainability, MDPI, vol. 13(5), pages 1-13, March.
    12. Laufs, Katharina & Schwens, Christian, 2014. "Foreign market entry mode choice of small and medium-sized enterprises: A systematic review and future research agenda," International Business Review, Elsevier, vol. 23(6), pages 1109-1126.
    13. Desislava Yordanova & Leo-Paul Dana & Tatiana S. Manolova & Albena Pergelova, 2024. "Digital Technologies and the Internationalization of Small and Medium-Sized Enterprises," Sustainability, MDPI, vol. 16(7), pages 1-6, March.
    14. Cansu Eray, 2020. "Multinational Banks and Foreign Expansion Decisions," Springer Books, Springer, number 978-3-030-36879-1, December.
    15. Kankan Wen & Noha Alessa & Karifala Marah & Kwame Kyeremeh & Emmanuel Sampson Ansah & Vincent Tawiah, 2023. "The Impact of Corporate Governance and International Orientation on Firm Performance in SMEs: Evidence from a Developing Country," Sustainability, MDPI, vol. 15(6), pages 1-16, March.
    16. Paul, Justin, 2020. "SCOPE framework for SMEs: A new theoretical lens for success and internationalization," European Management Journal, Elsevier, vol. 38(2), pages 219-230.
    17. Xin, Yongrong & Khan, Rizwan Ullah & Dagar, Vishal & Qian, Fang, 2023. "Do international resources configure SMEs' sustainable performance in the digital era? Evidence from Pakistan," Resources Policy, Elsevier, vol. 80(C).
    18. Marion Festing, 2007. "Globalisation of SMEs and implications for international human resource management research and practice," International Journal of Globalisation and Small Business, Inderscience Enterprises Ltd, vol. 2(1), pages 5-18.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paul, Justin, 2020. "SCOPE framework for SMEs: A new theoretical lens for success and internationalization," European Management Journal, Elsevier, vol. 38(2), pages 219-230.
    2. Blesa, Andreu & Ripollés, María, 2021. "Critical capabilities for widening international new ventures’ geographical scope," European Management Journal, Elsevier, vol. 39(2), pages 201-213.
    3. Gupta, Parul & Chauhan, Sumedha, 2021. "Firm capabilities and export performance of small firms: A meta-analytical review," European Management Journal, Elsevier, vol. 39(5), pages 558-576.
    4. Gyensare, Michael Asiedu & Miri, Domnan & Zahoor, Nadia & Alajaty, Mahmoud, 2024. "Aspiring to go abroad: How and when international entrepreneurial aspiration fuel emerging markets entrepreneurial ventures’ internationalisation speed," Journal of International Management, Elsevier, vol. 30(2).
    5. Bertrand, Olivier & Betschinger, Marie-Ann & Brea-Solís, Humberto, 2022. "Export barriers for SMEs in emerging countries: A configurational approach," Journal of Business Research, Elsevier, vol. 149(C), pages 412-423.
    6. Paul, Justin & Parameswar, Nakul & Sindhani, Mohit & Dhir, Sanjay, 2021. "Use of microblogging platform for digital communication in politics," Journal of Business Research, Elsevier, vol. 127(C), pages 322-331.
    7. Maria Ripollés & Andreu Blesa, 2020. "And yet, non-equity cooperative entries do improve international performance: uncovering the role of networks’ social capital," Small Business Economics, Springer, vol. 55(3), pages 761-776, October.
    8. Child, John & Karmowska, Joanna & Shenkar, Oded, 2022. "The role of context in SME internationalization – A review," Journal of World Business, Elsevier, vol. 57(1).
    9. Dabić, Marina & Vlačić, Bozidar & Paul, Justin & Dana, Leo-Paul & Sahasranamam, Sreevas & Glinka, Beata, 2020. "Immigrant entrepreneurship: A review and research agenda," Journal of Business Research, Elsevier, vol. 113(C), pages 25-38.
    10. Yoruk, Deniz E. & Bunduchi, Raluca & Yoruk, Esin & Crișan-Mitra, Catalina & Salanță, Irina-Iulia & Crișan, Emil Lucian, 2021. "Pathways to innovation in Romanian software SMEs: Exploring the impact of interdependencies between internationalisation and knowledge sources," Journal of International Management, Elsevier, vol. 27(4).
    11. Christian Felzensztein & George Saridakis & Bochra Idris & Gabriel P. Elizondo, 2022. "Do economic freedom, business experience, and firm size affect internationalization speed? Evidence from small firms in Chile, Colombia, and Peru," Journal of International Entrepreneurship, Springer, vol. 20(1), pages 115-156, March.
    12. Áron Perényi & Miklós Losoncz, 2018. "A Systematic Review of International Entrepreneurship Special Issue Articles," Sustainability, MDPI, vol. 10(10), pages 1-26, September.
    13. Rakshit, Sandip & Islam, Nazrul & Mondal, Sandeep & Paul, Tripti, 2022. "Influence of blockchain technology in SME internationalization: Evidence from high-tech SMEs in India," Technovation, Elsevier, vol. 115(C).
    14. Srivastava, Saurabh & Singh, Shiwangi & Dhir, Sanjay, 2020. "Culture and International business research: A review and research agenda," International Business Review, Elsevier, vol. 29(4).
    15. Appiah, Emmanuel Kusi & Gabrielsson, Peter & Rialp Criado, Alex, 2025. "The role of digitalization in early internationalization Research: A systematic literature review and future research directions," Journal of Business Research, Elsevier, vol. 186(C).
    16. Vivian Peuker Sardon Steinhäuser & Fábio de Oliveira Paula & Teresia Diana Lewe van Aduard Macedo-Soares, 2021. "Internationalization of SMEs: a systematic review of 20 years of research," Journal of International Entrepreneurship, Springer, vol. 19(2), pages 164-195, June.
    17. Guoliang Frank Jiang & Jeffrey J. Reuer & Colette Southam & Paul W. Beamish, 2022. "The impact of initial public offerings on SMEs’ foreign investment decisions," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(5), pages 879-901, July.
    18. Solano Acosta, Alexandra & Herrero Crespo, Ángel & Collado Agudo, Jesús, 2018. "Effect of market orientation, network capability and entrepreneurial orientation on international performance of small and medium enterprises (SMEs)," International Business Review, Elsevier, vol. 27(6), pages 1128-1140.
    19. Paul, Justin & Criado, Alex Rialp, 2020. "The art of writing literature review: What do we know and what do we need to know?," International Business Review, Elsevier, vol. 29(4).
    20. Aaltonen, Päivi Hanna Maria, 2020. "Piecing together a puzzle—A review and research agenda on internationalization and the promise of exaptation," International Business Review, Elsevier, vol. 29(4).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2025:v:5:p:164-175. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.