Analysis of foreign experience in managing foreign economic activity of SMEs

A. E. Gorokhova ()

Scientific notes of the Russian academy of entrepreneurship, 2021, vol. 20, issue 3

Abstract: The article is devoted to the analysis of foreign experience in managing the foreign economic activity of small and medium-sized enterprises. The author draws attention to how it is possible to use foreign best practices in managing a company entering foreign markets. It is determined that internationalization can be used as an opportunity to diversify the sources of income for export–oriented companies. Some approaches to expanding the international participation of SMEs are considered: the traditional approach; the approach of «companies born of globalization»; the concept of «revived by globalization»; an approach to participation in global value chains.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:cvt:journl:y:2021:id:693

DOI: 10.24182/2073-6258-2021-20-3-128-138

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