Do competencies of entrepreneurs and managers influence internationalization processess? Investigation of Lithuanian SMEs

Abstract

Meanwhile, ability to plan and organize work, ability to coordinate implementation of various tasks and supervise own and other work and ability to convince and motivate people are perceived as the most important by respondents representing internationalized SMEs. The data demonstrate stronger per‐43 ceived managerial competencies of respondents from internationalized SMEs. The research data let us gain insights into competencies developed by founders and managers and elaborate proposals for decision makers and future investigations.