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This document by David Banks explores the key trends in internationalization, particularly focusing on opportunities available for Macedonian SMEs. It discusses the growing international sales potential, the impact of the internet, and the value of partnerships with foreign companies. Additionally, it emphasizes how foreign direct investment (FDI) can facilitate integration into global markets. The contents reflect insights from notable case studies and provide a roadmap for SMEs aiming to enhance their international presence.
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INTERNATIONALISATION TRENDS David Banks, 2009
CONTENTS TABLE OF CONTENTS • BIOGRAPHY • PURPOSE • INTERNATIONALIZATION TRENDS • GROWING INTERNATIONAL SALES • THE INTERNET • SUB-SUPPLY OPPORTUNITIES • PARTNERSHIP WITH FOREIGN COMPANIES • ROADMAP
BIOGRAPHY BIOGRAPHY • David Banks, BE, MBA, Irish • Project Director, UK Project in Macedonia – FDI Promotion • Team Leader, EAR project in Macedonia – FDI Policy • Director, RMI (UK) Ltd., UK based SME, subsidiary of US multinational, 2002 – present • OECD, Paris, expert on FDI in Balkans, 2000 – 2002 • Senior manager with IFI, major Irish/UK fertilizer joint venture 1986 – 1998 • IDA Ireland, senior positions in FDI attraction and SME development, 1977 – 1986 • Electricity Utility, Ireland, 1972 - 1977
PURPOSE INTRODUCTION • To increase understanding of scale of internationalization • To identify types of opportunities for Macedonian SMEs • To look at the key elements of each • Lessons from Case Studies • Internet as a tool • How consultants might contribute
INTERNATIONALISATION TRENDS SESSION 1 Thursday 19th November 2009 09:00 - 10:30h
WORLD MERCHANDISE TRENDS INTERNATIONALISATION TRENDS Figures in bn$, WMT = EXPORTS + IMPORTS
INTERNATIONALISATION TRENDS MACEDONIA EXPORTS, 2008 $ Mil MACEDONIA IMPORTS, 2008 $ Mil
FDI OUTFLOWS, bn$ INTERNATIONALISATION TRENDS
BENEFITS FOR MACEDONIA INTERNATIONALISATION TRENDS • Foreign Exchange and Capital • Technology, Management, Jobs • Pays for Imports • FDI companies can help local companies • Greenfield FDI does not compete with local companies for local markets • Integration with wider world
BENEFITS FOR THE COMPANY INTERNATIONALISATION TRENDS • New Business and Markets • Contact to the wider sector • Technology and Quality • Competiveness
Comparisons - IRELAND and MACEDONIA INTERNATIONALISATION TRENDS
IRELAND 2008 $ bn INTERNATIONALISATION TRENDS MACEDONIA 2008 $ bn
IRELAND EXPORT BY SECTOR 2008 $ bn INTERNATIONALISATION TRENDS MACEDONIA EXPORT BY SECTOR 2008 $ bn
COMPARISONS INTERNATIONALISATION TRENDS
NEXT SESSION STARTS @ 11:00h COFFEE BREAK 10:30-11:00h NEXT SESSION: GROWING INTERNATIONAL SALES Presented by: David Banks Guestspeaker: BorijanBorozanov InvestMacedonia