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This paper studies the impact of age and size on the degree of internationalization of SMEs. A review of the literature reveals that the results on this issue have so far proved contradictory. The study aims to contribute to the debate on factors influencing the degree of internationalization of SMEs by analysing a sample of 317 Italian food small and medium firms operating in foreign markets. The theoretical perspective adopted is the RBV that allow explaining the relationship between firm’s processes of resources and competencies accumulation helpful to be effective in foreign markets. Statistical analysis shows that age and size have a significant impact on the degree of internationalization. Managerial and policy implications of this result are drawn on conclusions.

On the Effect of Size and Age on the Degree of Internationalisation: An Empirical Analysis of Italian Food SMEs