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The Role of Support Services During the Internationalisation of Finnish Software SMEs

Key Success Factors of SME Internationalisation: A Cross-Country Perspective

ISBN: 978-1-78754-278-5, eISBN: 978-1-78754-277-8

Publication date: 10 September 2018

Abstract

Many national and regional governments and various trade associations have created and are currently developing services that aim to provide support for firms that have just begun to or which plan to operate in international markets. Consequently, the purpose of this chapter is to illustrate the role of various support services especially in the case of software small and medium-sized enterprises (SMEs) aiming to expand internationally and accelerate their international growth. In the empirical part of the chapter, the authors review the key support organisations Finland has for its software industry. Through a descriptive empirical survey (n = 25) of the industry, we illustrate the role of various support services that are especially targeted at firms aiming to accelerate their international growth, irrespective of the phase of internationalisation. Furthermore, the authors study the use, quality and effectiveness of the internationalisation of support services from the viewpoint of managers of Finnish software SMEs. Based on our results, it is easy and logical to argue that better targeted programmes should be developed for rapidly internationalising firms in the turbulent software market. However, there are already a few innovative and better targeted programmes being offered to Finnish software firms. According to our study, in the later phases of internationalisation, the key to success is more closely linked to the availability of external funding as well as knowledge and contacts provided by international consultants.

Keywords

Citation

Kuivalainen, O., Lindqvist, J., Ruokonen, M. and Saarenketo, S. (2018), "The Role of Support Services During the Internationalisation of Finnish Software SMEs", Dominguez, N. and Mayrhofer, U. (Ed.) Key Success Factors of SME Internationalisation: A Cross-Country Perspective (International Business and Management, Vol. 34), Emerald Publishing Limited, Leeds, pp. 99-120. https://doi.org/10.1108/S1876-066X20180000034006

Publisher

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Emerald Publishing Limited

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