Small and Medium Sized Enterprises' Transition under the Processes and Impact of Internalization and Globalization

This paper presents and analyses the global outlook transition of SMEs under the processes and impact of internalization and globalization. Since the question arises to achieve this goal, it is important to find out how SMEs may contribute to the international market, economic growth and the international environment. In short, thanks to SMEs many technological processes and innovations came out compared to large companies and enterprises that attempt to improve existing products to increase the quantity and profit for a better economic growth. At the same time, it is important to underline that, for their part, SMEs can also obtain advantages from globalization and internationalization, as shown by the Italian case studied. The methodology of research and analysis bases on a systematic literature review and part of descriptive qualitative with a quantitative research and empirical results of a case of non-listed Italian company. Using an analytic background of SMEs, entrepreneurship and regional and international environment. Various ways of methodical analysis and research are implemented as well like the VOSviewer method to compare the regional and international environment and to find out whether there are some connections among these two types of environments. For comparing the two main concepts we used CitNetExplorer as well as method. The practical part presents the data that was obtained through the conducted research and method. The main research focuses on SMEs. The data are evaluated using content analyses and the research questions are answered based on the results of this analysis.