THE ROLE OF ENTREPRENEURIAL BEHAVIOUR OF SMALL AND MEDIUM-SIZED ENTREPRISE’S IN THEIR INTERNATIONAL DEVELOPMENT CONFIGURATION

In European and global context, to survive the intense competition, small and medium-sized enterprise’s (SME) must expand, so that internationalisation becomes the inevitable stage in their strategic evolution. The phenomenon is analysed from the perspective of complementarities of different internationalisation theories, the integration of entrepreneurial orientation in that context, in order to enhance resources, exploit opportunities and create value, through innovation, proactive and risk-seeking activities.