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Internationlisation of SMEs


The international development of SMEs is an important growth vehicle for the Belgian and European economies. Yet far too few of them actually dare to take the step required. Does this mean to say that they should see internationalisation as a given? No, of course not! Internationalisation has a significant impact on companies’ decision-making and managerial processes. The risks involved need to be covered and the right form of funding found. There are numerous public measures in place aimed at supporting businesses in their efforts. The aim of “The Internationalisation of SMEs” is to inform business-owners about the various aspects of internationalisation and to provide them with practical answers about the ways they can find funding and cover themselves against the risks they incur. It also draws up a list of the public support measures designed to support Belgian SMEs in their projects abroad.

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Résumé

The international development of SMEs is an important growth vehicle for the Belgian and European economies. Yet far too few of them actually dare to take the step required. Does this mean to say that they should see internationalisation as a given? No, of course not! Internationalisation has a significant impact on companies’ decision-making and managerial processes. The risks involved need to be covered and the right form of funding found. There are numerous public measures in place aimed at supporting businesses in their efforts. The aim of “The Internationalisation of SMEs” is to inform business-owners about the various aspects of internationalisation and to provide them with practical answers about the ways they can find funding and cover themselves against the risks they incur. It also draws up a list of the public support measures designed to support Belgian SMEs in their projects abroad.

Biographie de Kris Boschmans

Economist at the Belgian Knowledge Center for SME Financing, PhD in Economics.

PhD in Economics.

Managing director of the Belgian Knowledge Center for SME Financing, managing director van de Belgian Bankers Academy, participation Fund – Senior Manager International activities & Economic Research.

Economist at the Belgian Knowledge Center for SME Financing.

Professor, Director of the Center for Research on Corporate Performance HEC Management School at the University of Liège.

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