Businesses model innovation: a key role in the internationalisation of SMEs in the era of digitalisation
The study investigates the relationship between digital technology and the degree of internationalisation of small and medium sized enterprises. Small and medium interprises significanty contribute to growth in global industrial economies in terms of inovation, production and employment. SMEs resources and capabilites might influence internationalisation. International business has significantly transformed due to digital technology which completenly changes internationalisation strategies and procedures. SMEs can benefit greatly from operating in the i international marketplace al marketplace, including access to larger markets, technological benefit, technical level upgrades, risk reduction, amd financing. However, SME internationalisation experiences common barriers, including limited human, financial, and informational resources. Furthermore, SMEs also need more internal management capabilities to navigate volatility, uncertainly, complexity, and ambiguity...