The Impact of Digitalization on the Internationalization of SMEs: A Narrative Review
کلمات کلیدی:
Digitalization, SMEs, SME, Internationalizationچکیده
Small and medium enterprises (SMEs) face many challenges in internationalization due to limited resources and lack of internal competencies to reach global markets. Digitalization has emerged as a transformative factor by providing the ability for SMEs to overcome the barriers to expand internationally. This study provides a narrative review of existing literature on the role of digitalization in SME internationalization. Findings indicate the role of digitalization by emphasizing its influence on organizational resilience, adaptability, innovation, its impact on streamlining the organization’s operations, and optimizing customer engagement that brings up the chances leading to international success. The effectiveness of digital transformation depends on its strategic implementation and alignment with business objectives. The review article also highlights the importance on how digital aspects should be applied in a way that enhances the process of the internationalization of SMEs. This paper underlines the significance of integrating digital technologies and aspects into internationalization strategies, providing valuable insights on how SMEs can seek sustainable global growth through digitalization.
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