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Breaking Borders
Report

Breaking Borders

From Canada to China, Barriers Overshadow Growth for Expanding SMEs

EIU, 2014 подробнее...

автоматическое преобразование текста в аудио
автоматическое преобразование текста в аудио

Editorial Rating

8

Qualities

  • Innovative

Recommendation

With improvements in technology in an increasingly global environment, small and medium-sized enterprises (SMEs) are quickly gaining ground outside their home turfs. But as this enlightening account from the Economist Intelligence Unit reveals, numerous challenges keep some SMEs from making the leap to foreign shores. Interviews with SME executives provide a unique perspective and set this report apart. getAbstract recommends it to entrepreneurs and SME owners considering expanding their businesses beyond their borders.

Take-Aways

  • Small and medium-sized enterprises (SMEs) are the global growth machines that represent about 90% of all businesses and more than half of all the jobs in the world.
  • SMEs in the G7 nations tend to seek opportunities in developed markets, while those that call Brazil, Russia, India, China or Mexico home are wont to expand into developing economies.
  • SMEs often prefer working with distributors or partners overseas – rather than setting up operations abroad – to gain entry into foreign markets.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.


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