ABSTRACT
This chapter discusses international entrepreneurship among small and medium-sized enterprises (SMEs). The term ‘internationalisation’ is widely employed to describe the process of increasing involvement in international operations. International entrepreneurship refers to a new research field that has emerged at the entrepreneurship-international business interface. International new venture scholars have further highlighted the importance of decision maker’s commitment in facilitating international entrepreneurship, with more work reinforcing the relevance of both affective commitment and continuance commitment. SMEs are known to face several challenges and impediments as they attempt to initiate, develop or sustain international entrepreneurship activities. These constraints – resource-related, attitudinal, psychological, structural, strategic, operational – have been the focus of considerable research among internationalisation and international entrepreneurship researchers. The upsurge of interest in International entrepreneurship actually represents a return to Schumpeter’s classic characterisation of entrepreneurship as the creation of new markets.
