Improving SME Performance Globally
Edited by Pervez N. Ghauri and V. H. Manek Kirpalani
Chapter 14: International entrepreneurship among Finnish SMEs
Small and medium-sized enterprises (SMEs) play an important part in the Finnish economy. In this chapter an overview of the internationalizing Finnish SMEs, their strategies, resources, product offerings and growth and international growth orientation is given. On the basis of primary data collected from the Finnish SMEs in five industries (N = 298 of which 110 had international experience) the profiles of their internationalization strategies are studied. The firms that can be seen as successful international entrepreneurial SMEs, that is, which have internationalized early and which have been able to sell their products in a number of countries are given the main focus. Also we take a look at existing support organizations in Finland. Finally, recommendations for both managers and public policy providers on how to improve SMEs’ international performance in the future are given.
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