3Asymmetric Alliances and SMEs’ Internationalization
Introduction
Internationalization is currently an imperative, key factor in all companies’ development, whether in developed or developing countries. As Lu and Beamish (2006) noted, many companies will eventually expand their geographic reach from domestic to foreign markets. This is particularly the case for small and medium-sized enterprises (SMEs), which are traditionally perceived as organizations with limited financial resources and geographic reach. Internationalization is then an obvious path for them, and even a prerequisite for survival (Mercuri and Rais, 2010). This also represents an important opportunity for them to grow and enhance their key competencies ...
