Drivers of and barriers to the SME internationalisation process in a small open economy

Journal article


Research Areas

Publication Details

Author list: Pacheco LM, Lobo CA, Brochado A, Maldonado I
Publication year: 2020
Journal: Economics Bulletin (1545-2921)
Volume number: 40
Issue number: 4
Start page: 2932
End page: 2942
Number of pages: 11
ISSN: 1545-2921
Languages: English-Great Britain (EN-GB)


Small and medium-sized enterprises (SMEs) have actively increased their participation in international markets. This research's primary objective was to identify, based on 11 case studies, the main barriers to and drivers of the SME internationalisation process in a small open economy. Content analysis of in-depth interviews used Leximancer software to identify 7 themes that describe both internal and external barriers and 12 themes that characterise drivers, which were classified into five groups: SME human capital, technology, institutional support, networks and other drivers.


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Last updated on 2020-09-12 at 12:44