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The international product venturing of a biotech SME: knowledge combination in upstream/downstream network
Book chapter

The international product venturing of a biotech SME: knowledge combination in upstream/downstream network

Daniel Tolstoy
European Entrepreneurship in the Globalizing Economy
European Research in Entrepreneurship, Edward Elgar Publishing Ltd
2011

Abstract

Recent studies on international SMEs have revealed that the overall success of these firms hinges on their performance in international product venturing. Consequently, SMEs that are able to launch product solutions in foreign markets may expect rewards that involve reinforced competitiveness and stimulated international growth.

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