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2016 | 2 | nr 2 Entrepreneurship : Antecedents and Effects | 247--256
Tytuł artykułu

Regulatory Framework as the Primary Reason for (No)Internationalization of SMEs

Autorzy
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The objective of this article is to identify the barriers in regulatory frameworks that affect SMEs and entrepreneurs' participation in the international markets. The idea was to analyse how regulatory framework affects an internationalization of Small and Medium Enterprises (SMEs). Member states differ significantly in the way in which they regulate the establishment of new businesses. The reduction of legal burden in European Union is a top-priority not only for the European Commission but also for national legislators. A competitive and dynamic economy requires an adequate regulatory framework so a business friendly environment for existing and potential small and medium-sized entrepreneurs must stay one of the European Union's main objectives. The contribution of this article is to analyse how regulatory frameworks affect the internationalization of Small and Medium Enterprises (SMEs) and suggest ways to overcome the barriers to SMEs and entrepreneurs' participation in the international markets. (original abstract)
Rocznik
Tom
2
Strony
247--256
Opis fizyczny
Twórcy
  • College of Applied Sciences "Lavoslav Ružička" in Vukovar, Croatia
Bibliografia
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  • European Commission (2013). Top 10 most burdensome EU laws for small and mediumsized enterprises: How the Commission is helping SMEs. Published: 7 March 2013. Retrieved from: http://europa.eu/rapid/press-release_MEMO-13-168_en.htm (10.02.2016).
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  • Federal Ministry for Economic Affairs and Energy (2016). The German Mittelstand: Facts and figures about German SMEs - Current Economic Climate. Berlin: German Federal Ministry for Economic Affairs and Energy. Retrieved from: http://www.bmwi.de/English/Redaktion/Pdf/wirtschaftsmotor-mittelstand-zahlenund-fakten-zu-den-deutschen-kmu,property=pdf,bereich=bmwi2012,sprache=en,rwb=true.pdf (10.02.2016).
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  • OECD (2005). OECD SME and Entrepreneurship Outlook: 2005. Paris: OECD.
  • OECD (2015). Financing SMEs and Entrepreneurs 2015: An OECD Publishing. Paris. DOI: http://dx.doi.org/10.178/fin_smeent-2015-en (10.02.2016).
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171445296

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