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The internalization of SMEs operating in the engineering industry

  • Procházková, Lenka
  • Kubíčková, Lea
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    The importance of small and medium enterprises (SMEs) in the national economies of EU countries has been always growing. For these reasons, the increasing attention is paid to small and mediumsized enterprises also in the Czech economy. The paper is focused on the globalization of small and medium enterprises, in particular, identifying the key success factors of small and medium-sized businesses that operate in the engineering industry. For the purpose of fulfi lling the objective of the article, the level of success of SMEs in foreign markets is established with the aggregate indicator of success. Subsequently the results of the primary research among the Czech engineering companies are presented, based on this research the factors aff ecting the success of these entities of engineering industry in foreign markets are defi ned.

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    File URL: http://mpra.ub.uni-muenchen.de/43767/1/MPRA_paper_43767.pdf
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    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 43767.

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    Date of creation: 2012
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    Publication status: Published in Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis ISSN 1211-851.LX(2012): pp. 279-284
    Handle: RePEc:pra:mprapa:43767
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    1. Man, Thomas W. Y. & Lau, Theresa & Chan, K. F., 2002. "The competitiveness of small and medium enterprises: A conceptualization with focus on entrepreneurial competencies," Journal of Business Venturing, Elsevier, vol. 17(2), pages 123-142, March.
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