Category Issue 1

Internationalization of SMEs through MNCs Social Capital in African Countries

Abstract – The paper examines the importance of internationalization of SMEs in the current global set up of international trade. The study identifies the existing MNCs social capital as critical to the growth of SMEs in Africa and promotion of both forward and backward linkages between SMEs and MNCs. Approximations in the studies done accentuates that approximately 95% of the running businesses in the world are Small to Medium Enterprises and they employ about 60% of the total working population and significantly add up to 40% of Gross Domestic Product. It highlights the role which can be played by the state to…