Support legal programs for SME internationalization
Reflecting the widespread recognition of the importance of internationally-active SMEs in sub-national/regional, national, and global economies, there has been a rather well established tradition by public agencies and the organized private sector institutions of supporting the internationalization activities of SMEs, mainly through appropriate interventions to redress market failures (European Commission 2010). This section examines the extent to which current support programs across OECD countries and other economies involved in the OECD enlargement and enhanced engagement processes appear to address the five top internationalization barriers highlighted earlier in this report. It also assesses the degree of attention being paid to the identified top motivations for SME internationalization by currently available support programs.
The specific OECD economies covered include Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, Germany, Greece, Hungary, Italy, Japan, Korea, Mexico, Netherlands, Norway, Poland, Sweden, Switzerland, Turkey, UK, and USA. Brazil, Chile, China, Estonia, India, Indonesia, Israel, Russia, Singapore, Slovenia, and South Africa are the non-OECD member countries reviewed. Sub-national and sectorial insights on these support programs barriers are also explored on reports and books.
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