Many studies have documented the impact of exports on economic growth
Many studies have documented the impact of exports on economic growth (e.g. Hes-
-market o expand internationally. But many
to develop an appropriate set of resources and
implications relevant to policy-makers are derived from the literature overview.
sels & van Stel, forthcoming). Similarly, on a rm-level, consistent evidence has been found that exporters enjoy higher produc vity than non-exporters within the same industry (Eliasson, Hansson & Lindvert, forthcoming). For European small and medi- um-sized enterprises (SMEs), not least the single European market has increased the opportuni es for SMEs to interna onalize their business ac vi es (cf. Eyre & Small- man, 1998).
As an economy with a small home-market, interna onal trade is essen al for Sweden’s economic growth. In 2011, Swedish companies exported goods and services for a value of 1136 billion Swedish Kronor (see even Table 10 below); and more than half of these exports (650.8 bln SEK) went to other European Union (EU) countries (Sta s cs Sweden, 2011). For example, the aggregate export intensity (i.e. the share of exports in sales) for manufacturing was 64% in 2006 (Eliasson et al., forthcoming). Yet, the share of SMEs, which represent 99.8% of all Swedish companies, in these interna- onal manufacturing ac vi es can be considered low