SME Internationalization

SME internationalization refers to the process through which small and medium-sized enterprises (SMEs) expand their business activities and operations beyond their domestic markets to engage in international trade and establish a presence in foreign markets. This strategic initiative involves various activities, considerations, and adaptations to navigate the complexities of operating on a global scale. SME internationalization is often driven by the pursuit of growth opportunities, access to new customer bases, diversification of markets, and the desire to remain competitive in a globalized business environment.