Integrative approaches for internationalization of small and medium-sized enterprises

Purpose of the article This present paper discusses the opportunities for internationalization of small and medum-sized enterprises (SMEs) through various approaches for integration. The main research thesis is that they are under-represented in the activities of this business. Scientific aim The aim is to identify some integrative approaches to internationalization that are more suitable for Bulgarian SMEs. To achieve the objective, a study was conducted and the forms and level of internationalization of small and medium-sized business in Bulgaria were identified. Methodology/methods The sources that were used include official statistics from the National Statistical Institute, the results of analytical reports on the European Union (EU) and a survey of 303 enterprises. The analysis and evaluation are based on statistical methods. Findings The findings include identification of problems and opportunities for internationalization of the business through the implementation of integrative approaches. Conclusions Based on the reviewed characteristics of inter-company alliances it can be concluded that as a form of integration, they are particularly suitable for the internationalization of SMEs.