China's SME Internationalization Research Based On Dynamic Capability Theory

Nowadays economic globalization is one of the most remarkable features along with world multipolarization and science informatization.Economic globalization which has a profound influence to enterprises in every country including China is an irreversible historical trend.Meanwhile,our entering WTO and commercial activity globalization make it essential for China's SME to internationalize as a way of maintaining its competitive advantage.We all know,the surrounding environment and development are both dynamic,SME internationalization is an important way to adapt the changing environment,thus sustaining competitive advantages.Due to this,we are going to research SME internationalization from the dynamic capability perspective.Main research contents are as follows.The introduction part states the purpose and meaning of our research,and we also analyze the importance of SME based on SME definetion.In the second chapter,we figure out the definition and research history of SME internationalization and dynamic capability,laying down theory base for this article.In the third chapter,we generalize the current situation of SME internalization both qualitatively and quantitively,and we also talk about the necessity for SME to internationalize,but it's not always smooth sailing in SME internationalization,SO in the fourth chapter we discuss limitations for SMEs to internationalize.SMEs not only have their disadvantages in their process of internationalization but they still face certain external obstacles and foreign limitations standing in the way and,and this lies the foundation of our dynamic capability perspective into SME internationalization.The fifth chapter.we use the dynamic framework to analyze SME internationalization from three levels,they are export,ways of manufacturing and investment.on the other hand,we come up with suggestions for SMEs from external factors.The innovations in our thesis are as follows.First,it is exploratory to put SME research in an open content,we think accelerating private business development stands as an important part of our state's strategy to enrich people and strengthen state,so choosing this topic is innovative to some degree;second,we research SME internationalization from dynamic perspective,which provides new ideas for SME internationalization and enriches SME internationalization research to some extent.