The Internationalization of SMEs

Most of the mainstream news organizations seem to be stuck in a negative spin cycle when it comes to international trade. President Trump’s blustering style has stunned and angered many observers world-wide, and his unpredictability has caused many potential trading partners to adopt a wait-and-see stance. Behind the scenes however, the outlook is more positive-particularly regarding prospects for the many small and medium enterprises (SMEs) that collectively employ 93 million people, accounting for 67% of the total employment in the EU-28 non-financial business sector, and generating 57% of value additions in the EU-28 non-financial business sector. Collaborative strategies are the wave of the future, with sustainability a key factor, particularly for agri-food companies.

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Photo by Mike Petrucci on Unsplash