Exports and MNE linkage in SMEs internationalization in Western Balkan

Stanceva Gigov, Iskra and Miteva-Kacarski, Emilija and Poposka, Klimentina (2024) Exports and MNE linkage in SMEs internationalization in Western Balkan. Economic Development, Journal of the Institute of Economics - Skopje, 3 (23). pp. 33-45. ISSN 1409-7893

Text EXPORTS-AND-MNE-LINKAGE-IN-SMEs.pdf - Published Version Download (338kB)

Abstract

This article examines the internationalization of small and mediumsized enterprises (SMEs) from the Western Balkans region (WB), observed
through the lens of their exports and integration into Global Value Chains
(GVCs) by building a solid nexus with Multinational Enterprises (MNEs). The
study using both a quantitative and qualitative approach reveals that SMEs,
despite their importance in domestic economies, are generally underrepresented
in international markets. Such a conclusion can be illustrated by their minor
contribution to total exports and their insignificant share of sales to foreign
MNEs with headquarters in their country. The results indicate that the SMEs face
many obstacles in their attempts to export and integrate into GVCs by building
relationships with SMEs-MNEs. Additionally, the findings demonstrate that
all economies in their strategic documents have included broad support for
increasing export volumes, improving complexity and sophistication, creating
higher value-added, enhancing SME-MNE links, improving the quality of
the domestic supplier base, strengthening competitiveness and improving
productivity while intensifying the internationalization process of small and
medium-sized businesses.

Item Type:	Article
Subjects:	Social Sciences > Economics and business
Divisions:	Faculty of Economics
Depositing User:	Emilija Miteva
Date Deposited:	07 Aug 2024 07:09
Last Modified:	07 Aug 2024 07:09
URI:	https://eprints.ugd.edu.mk/id/eprint/34498

Actions (login required)

View Item