When: 26 July 2019, 12:00 — 17:00
Venue: Birkbeck Main Building
Small and medium enterprises (SMEs) are important for economic sustainability, not only due to their cumulative capacity to generate employment, but also due to their innovativeness and agility. With Globalization, SMEs not only have increased opportunities to internationalize but also to develop their innovative and dynamic capabilities and use them effectively to compete against other companies in the global market. However, an annual survey conducted by the Department for International Trade, UK, reported that 66% of exporters have encountered significant barriers to their overseas development.
Supporting SME internationalization has been proposed as a main strategy to un-lock UK’s productivity challenge. It has been estimated that up to 110,000 SMEs could introduce and/or increase their internationalization activities, which will add an extra £1.15 billion in Gross Value Added (GVA) to the UK economy, within the first year, in the form of new and higher value jobs (Enterprise Research Centre 2015). As SME internationalization is quite complex due to these firms facing several barriers for internationalization, there is a greater scope for accelerators and similar organizations that generally provide workspace, mentoring, coaching, funding and other services, such as opportunities for networking and learning, to support and accelerate internationalization process of SMEs.
It is in this context, we organize this workshop to share our understanding of how to accelerate SME internationalization. We discuss this from academic, policy and practitioner perspective and intend to develop a working group to take this conversation forward.
The event is free and open to public
12:00- 12:45 – Lunch
12:45 – 13:00- Welcome and Introduction – Dr Marion Fenz Co-director, Centre for Innovation Management Research
13:00- 14:00 Academic Perspective: Accelerators in US and UK
What can we learn from accelerators in Silicon Valley? Prof Tomasz Mroczkowski, Professor and Chair, Department of International Business, Kogod School of Business, American University
The effect of services provided by accelerators on SME performance Dr Muthu de Silva, Senior Lecturer, Birkbeck, University of London and Dr Ainurul Rosli, Reader, Brunel Business School, University of Brunel
14:00- 14:20 Break
14:20- 15:20 Policy Perspective: Accelerating SME Internationalization
Dr Sivasegaram Manimaaran, Head of European and Global Portfolio, InnovateUK
Angelina Cannizzaro, Deputy Director: Business Finance, International and Insight (SMEs), Department for Business, Energy and Industrial Strategy
Huw Watkins, Head the Asia Policy team, Intellectual Property Office
15:20- 15:40 Break
15:40- 16:40 Practitioner Perspective: Accelerating SME Internationalization
Asif Faruque, Head of Content, Level39 Accelerator
Alex Packham, Founder & CEO, ContentCal
Nektarios Liolios, Nektarios Liolios, co-founder Startupbootcamp FinTech
16:40- 17:00 Conclusions/Final remarks
Sponsors: Birkbeck, University of London; Brunel Business School, Brunel University London; Institute for Small Business and Entrepreneurship (ISBE)
Funding: The event is free to attend. If you are an earliy career researcher (i.e. those who have completed their PhDs within last three years) and wish to cover travel expenses, please contact Dr Muthu De Silva (firstname.lastname@example.org).
To book a place:http://www.bbk.ac.uk/events/remote_event_view?id=6689