ABSTRACT

The internationalization of SMEs has been the subject of many studies in recent years. The exporting propensity and intensity of SMEs has been analyzed (for instance, Audretsch 2003; Westhead, et al. 2004), generally showing that although exporting trends of SMEs have been growing, few SMEs export. The internationalization strategies of SMEs have been shown to depend on their competencies (Gomes-Casseses 1997).