Internationalisation of SMEs - How to succeed abroad

LERNOUX Frédéric , BOSCHMANS Kris , BOUYON Sylvain , VAN CAILLIE Didier , MARTIN Isabelle

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Summary

Internationalisation offers real growth perspectives to SMEs. This book supports this dynamics and informs about the opportunities and barriers, the risks and covering tools, the management processes,payment and funding methods as well as public measures. The international development of SMEs is an important growth vehicle for the Belgian and European economies. Yet far too few of them actually dare to take the step required. Does this mean to say that they should see internationalisation as a given? No, of course not! Internationalisation has a significant impact on companies’ decision-making and managerial processes. The risks involved need to be covered and the right form of funding found. There are numerous public measures in place aimed at supporting businesses in their efforts. The aim of “The Internationalisation of SMEs” is to inform business-owners about the various aspects of internationalisation and to provide them with practical answers about the ways they can find funding and cover themselves against the risks they incur. It also draws up a list of the public support measures designed to support Belgian SMEs in their projects abroad.