{"id":613,"date":"2019-09-22T22:42:03","date_gmt":"2019-09-22T20:42:03","guid":{"rendered":"http:\/\/dev.ostersjostiftelsen.se\/?post_type=project&#038;p=613"},"modified":"2019-09-22T22:42:04","modified_gmt":"2019-09-22T20:42:04","slug":"the-baltic-economies-catalysts-for-the-internationalization-of-swedish-smes","status":"publish","type":"project","link":"https:\/\/dev.ostersjostiftelsen.se\/en\/project\/the-baltic-economies-catalysts-for-the-internationalization-of-swedish-smes\/","title":{"rendered":"The Baltic economies: Catalysts for the internationalization of Swedish SMEs?."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Decades of globalization have fundamentally reshaped global trade.  Deeper economic integration has not only led to increased access to  foreign markets but also increased interdependence.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This project  focuses on the relations between the Baltic countries and Sweden. Baltic  independence has been surprisingly important for small and medium-sized  enterprises (SMEs) in Sweden. Until the early 1990s, foreign direct  investment (FDI) \u2013 in particular FDI aiming to access cheap labour \u2013 was  primarily limited to the largest firms. The potential low cost  destinations were located far away from Sweden, e.g. in East Asia, and  few SMEs had the capacity to manage production activities in distant  markets. With the creation of new low cost locations on the shores of  the Baltic Sea, it became feasible also for small Swedish firms to  consider FDI as way to lower production costs and raise competitiveness.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estonia became the main Baltic investment location for Swedish firms in the 1990s, and Sweden  is today the single largest foreign investor in Estonia. The investment  relation has generated strong links between the countries, with  significant positive effects for both partners. Estonia is not only an  important low cost location, but also a natural stepping stone for other  foreign markets. In a similar way, Sweden is a spring board for  Estonian firms with an ambition to internationalize. In addition,  Swedish FDI has had an impact on technological progress and economic  growth in Estonia through various kinds of spillovers and externalities.  The current research project analyses these processes in the following  work packages:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2022 Swedish firms in Estonia<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What role does the\n Baltic region (Estonia) play for the performance, home country \noperations, and internationalization of Swedish SME? How have Swedish \nfirms adjusted to the gradual changes (and crises) in the Estonian \neconomy?<\/p>\n","protected":false},"featured_media":0,"parent":0,"menu_order":0,"template":"","class_list":["post-613","project","type-project","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.ostersjostiftelsen.se\/en\/wp-json\/wp\/v2\/project\/613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.ostersjostiftelsen.se\/en\/wp-json\/wp\/v2\/project"}],"about":[{"href":"https:\/\/dev.ostersjostiftelsen.se\/en\/wp-json\/wp\/v2\/types\/project"}],"wp:attachment":[{"href":"https:\/\/dev.ostersjostiftelsen.se\/en\/wp-json\/wp\/v2\/media?parent=613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}