The role of human capital and organizational learning in internationalization of SMEs

Abstract

SMEs are videly recognized as the economic tissue, boosting competitiveness at national as well as at regional level. The internationalization of SMEs is supported by governmental policies in the EU, aiming to encourage firms to trade internationally and thus, contribute to revenue generation and employment. The entrepreneurs and entrepreneurial teams play significant role in internationalizaation process. The paper aims to reveal relationships among human capital, social capital, exploarative and exploatative learning and internationalization. The main factors of human and social capital have been investigated in line with internationalization of SMEs. The adopted approach let us elaborate an integrated model and develop propositions for future investigations.