Eurofound has published a new report „Born globals and their value chains“ that provides insight on how small and medium enterprises (SMEs), including so-called born global firms establish, participate in and manage their global value chains. Praxis contributed case studies for Estonia and overviews about policy measures for Estonia, Australia and Japan.
Globalisation has enhanced the speed and scope of internationalising SMEs, including so-called ‘born global’ firms. These firms are often described as young, innovative and growth-oriented enterprises with strong networking capabilities. Hence, they are likely to outperform their counterparts in terms of export speed, intensity and scope, and contribute significantly to economic development and job creation.
To increase knowledge about the ways in which born globals negotiate their internationalisation pathways, acquire and manage their resources, construct their networks and seek support in this process, an in-depth analysis of seven case studies together with 28 policy measures across Europe, Australia, USA, Japan and Korea was undertaken. The report considers the barriers to internationalisation and offers suggestions for policy development.
See full report.
The annexes compiled by Praxis are as follows:
- COMODULE OÜ case study
- Development of Clusters (Estonia)
- Startup Estonia (Estonia)
- Incubator Support (Australia)
- SMEs CEO Network Enhancing Project (Japan)