@article{MAKHILLIBM201610125906, title = {Re-Conceptualizing Internationalization of SMEs as an Entrepreneurial Process}, journal = {International Business Management}, volume = {10}, number = {1}, pages = {38-50}, year = {2016}, issn = {1993-5250}, doi = {ibm.2016.38.50}, url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2016.38.50}, author = {Nana}, keywords = {Internationalization,entrepreneurship,opportunity,SMEs,integration,process}, abstract = {An international operation of firms which has intensified over the last few years, affects many activities of companies, irrespective of their size. While large enterprises are increasingly involved in cross-border operations, these operations and the process of internationalization present challenges and opportunities for the entrepreneurs and the development of small and medium-sized enterprises. Although, mainstream theories of internationalization and recent advances that link internationalization and entrepreneurship assume the importance of ‘opportunity’, however, there is a paucity of research that places ‘opportunity’ as the core process in internationalization. By embracing international market opportunity discovery as a key dimension, this study conceptualized internationalization as an entrepreneurial process: the process of opportunity recognition, evaluation and exploitation in international markets.} }