Behavioural Additionality and Organizational Impact of European Policies to Promote Internationalisation of High-Growth Innovative SMEs

Journal of International Business and Economics, American Research Institute for Policy Development, USA, Vol. 2, No. 4, pp. 17-44, ISSN online: 2374-2194, ISSN print: 2374-2208, DOI: 10.15640/jibe.v2n4a2

28 Pages Posted: 22 Feb 2015

See all articles by Nunzio Casalino

Nunzio Casalino

Università degli Studi Guglielmo Marconi - LUISS Business School; Guglielmo Marconi University

Date Written: December 1, 2014

Abstract

Many European countries and international financial institutions have tried to address the problems of high transaction costs and risks by creating subsidized credit programmes and/or providing loan guarantees. Such projects have often fostered a culture of non-repayment or failed to reach the target group or achieve financial self-sustainability. Further, it tries to understand what are the main barriers for high-growth innovative Small and Medium-sized Enterprises, with respect to the realisation of their innovative potential and their capacity to improve internal processes by the adoption of innovative manufacturing techniques and a graduated organizational change. They are becoming particularly important for achieving greater productivity, lower operational costs, and higher revenues (usually characterized by reduced access to external finance, unavailability of wider distribution channels, low internationalization, etc.). The purpose of this article at last is to clarify how on-line training on automation and innovation fields can bring economic and organizational benefits. Innovative training contents can improve manufacturing knowledge of managers and employees, especially on industrial automation systems.

Keywords: SMEs, Business organization, Financial incentives, Innovation and automation, E-training, Behavioural additionality

Suggested Citation

Casalino, Nunzio, Behavioural Additionality and Organizational Impact of European Policies to Promote Internationalisation of High-Growth Innovative SMEs (December 1, 2014). Journal of International Business and Economics, American Research Institute for Policy Development, USA, Vol. 2, No. 4, pp. 17-44, ISSN online: 2374-2194, ISSN print: 2374-2208, DOI: 10.15640/jibe.v2n4a2. Available at SSRN: https://ssrn.com/abstract=2568042

Nunzio Casalino (Contact Author)

Università degli Studi Guglielmo Marconi - LUISS Business School ( email )

Rome, RM
Italy

HOME PAGE: http://www.unimarconi.it

Guglielmo Marconi University ( email )

Rome
Italy

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