INTERNATIONALIZATION OF THE BULGARIAN SMEs IN THE TEXTILE SECTOR

Zhelyu Vladimirov (), Desislava Yordanova and Ralitsa Ganeva ()
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Zhelyu Vladimirov: Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski
Ralitsa Ganeva: Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski
Authors registered in the RePEc Author Service: Ралица Симеонова-Ганева

Yearbook of the Faculty of Economics and Business Administration, Sofia University, 2014, vol. 12, issue 1, 73-92

Abstract: The paper presents the results of an empirical investigation of the internationalization of the Bulgarian SMEs in the textile sector. The study explores why and how the studied enterprises have internationalized their activities focusing on the following aspects: innovativeness of the products that are subject to internationalization, preferred foreign markets and the reasons for these preferences, mode of entrance in the foreign markets, motives for internationalization, management of internationalization, share of foreign sales income in total sales income. The empirical findings reveal the influence of the internationalization characteristics on the organizational performance of the Bulgarian textile SMEs. Drawing upon the empirical results the paper provides recommendations for greater specialization in the export of products with high value added.

Keywords: internationalization; SMEs; textile sector; Bulgaria. (search for similar items in EconPapers)
Date: 2014
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