Naslov
Regulatory framework as the primary reason for (no)internationalization of SMEs

Autori
Gongeta, Sanja

Izvornik
International Entrepreneurship | Przedsiębiorczość Międzynarodowa (2543-4934) 2 (2016), 2; 247-257

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
small and medium-sized enterprises (SMEs) ; regulatory framework ; internationalization ; legal form ; freedom of establishment

Sažetak
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.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Pravo

POVEZANOST RADA