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Top barriers and drivers to SME internationalisation

Lloyd-Reason, Lester and Ibeh, Kevin and Deprey, Brynn (2009) Top barriers and drivers to SME internationalisation. [Report]

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Abstract

This report presents the main findings of work undertaken in 2007-2008 by the OECD Working Party on SMEs and Entrepreneurship in the framework of its activity on SME Internationalisation. Internationalisation and international entrepreneurship among SMEs is a topic of considerable relevance, principally owing to the observed growth effects of cross-border venturing, and the demonstrated capacity of SMEs to drive economic development at national, regional and global levels. A new report presents an in-depth analysis of the top barriers to SME internationalisation identified in previous OECD-APEC research, and offers deeper understanding of the measures aimed at addressing top barriers. It also reviews recent work on the factors that drive the internationalisation of SMEs.