Open AccessTheWay to Internationalization for Small & Medium-sized Enterprises !a Industry Cluste
Author(s) -
Xiaoshui Yu,
JinSheng He
Publication year - 2007
Publication title -
modern applied science
Language(s) - English
Resource type - Journals
eISSN - 1913-1852
pISSN - 1913-1844
DOI - 10.5539/mas.v1n4p7
Subject(s) - internationalization , business , competition (biology) , china , small and medium sized enterprises , globalization , carry (investment) , industrial organization , cluster (spacecraft) , international trade , market economy , economics , computer science , political science , ecology , finance , law , biology , programming language
With the globalization of the world economy, especially after China entering the WTO, it is an unavoidable trend for China!? small & medium-sized enterprises to join the international competition.According to the analysis on the advantages and disadvantages of China!?s small & medium-sized enterprises, industrial cluster should be an efficient way for the small medium-sized enterprises to reach the target of internationalization. By establishing and improving specialized industry clusters with regional uniqueness, China!?s small & medium-sized enterprises could have formed their core competing powe in global competition and carry out their strategy of internationalization