Publisher's Synopsis
This text addresses an interesting but largely overlooked paradox in the Danish economy: small- and medium-sized enterprises (SMEs) control comparatively small resources and are unable to reap the competitive advantages of scale and scope internally as compared to larger firms. Nevertheless, Danish SMEs as well as SMEs in other countries are able to organize world-wide activities in competition with much larger companies.;This book is an attempt to investigate how SMEs organize their international activities, and to reveal the underlying rationale in this form of organizations. This effort leads to drawing some central implications for theory as well as for managerial practice.