Barriers and public policies affecting the international expansion of Latin American SMEs: Evidence from Brazil, Colombia, and Peru

The paper aims to improve the understanding of the determinants of the international expansion of Latin American SMEs. To do this, it adopts an institution theory perspective to study the interaction between public policies and other drivers of SMEs' expansion in four main areas: access to public financial resources; access to public procurement contracts; adverse regulatory and inconsistent legal frameworks; and public assistance on information...