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International Expansion of SMEs: The Inducascos Case
Authors:Juan Lucas Macías-Franco  Ana Maria Parente Laverde
Affiliation:Department of International Business Program, Universidad de Medellín, Medellín, Colombia
Abstract:While small and medium enterprises contribute to gross domestic product, generate crucial employment, and improve socio-economic development, unfortunately the literature on the internationalization processes of these companies remains timid and inconsistent. The following study seeks to analyze the international expansion of the Colombian company Inducascos. The research follows the structure of a case study including literature analysis and secondary data of the Colombian industrial market and Inducascos. Challenges, opportunities and learning process of the organization related to its international expansion and set out, seeking to contribute to the existing studies in international business.
Keywords:Colombia  international expansion  internationalization  internationalization process  SME
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