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The paper discusses the internationalization of small and medium-sized enterprises (SMEs) and the challenges they face in globalization, particularly regarding property rights protection and barriers to entry. It suggests that SMEs can often circumvent these barriers by leveraging existing multinationals as conduits for innovation diffusion. The authors argue for policy guidelines to enhance the international diffusion of innovations by SMEs, emphasizing their crucial role in economic growth through creativ

Author

Robert Ștefan

Language

EN