For policy makers

For policy makers, it will be helpful to have an idea about the degree of SME internationalization in their respective economies. A good understanding of the process and extent of internationalization could make policies more specific and targeted. Internationalization is also closely linked with industrial development strategies aiming to improve economic competitiveness. Indeed, research by the European Commission found that “innovation and internationalization share a positive causal effect in competitiveness22.” Successful born-global SMEs are good examples of this.
Measuring SME internationalization though is a challenging task. Various attempts have been made to measure international activities at the micro and macro levels.