Internationalization

For the term in computing, see Internationalization and localization.

In economics, internationalization or internationalisation is the process of increasing involvement of enterprises in international markets, although there is no agreed definition of internationalization.[1] Internationalization is a crucial strategy not only for companies that seek horizontal integration globally but also for countries that addresses the sustainability of its development in different manufacturing as well as service sectors especially in higher education which is a very important context that needs internationalization to bridge the gap between different cultures and countries.[2] There are several internationalization theories which try to explain why there are international activities.

  1. ^ Susman, Gerald I. (2007). Small and Medium-sized Enterprises and the Global Economy. Young et al., 2003. Edward Elgar Publishing. p. 281. ISBN 978-1-84542-595-1.
  2. ^ Adel, H. M.; Zeinhom, G. A.; Mahrous, A. A. (2018). "Effective management of an internationalization strategy: A case study on Egyptian–British universities' partnerships". International Journal of Technology Management & Sustainable Development. 17 (2): 183–202. doi:10.1386/tmsd.17.2.183_1. S2CID 159384176.