International business has changed

New ideas and new skills are needed. Globalization as an important driver for the growth of startups and SMEs has changed. It no longer does it in the form of hyper-globalization as before. It no longer does it in the form of hyper-globalization as before. Up until 2010, global goods exports developed about twice as fast as global economic output as a whole. However, these growth rates have been declining significantly for several years and instead we are seeing individual value-added activities being relocated abroad.