Main discussions include: Determinants of competitiveness, Industry structure analysis (e.g., five forces), the resource-based view, capabilities, and strategic options.

SMEs' strategies to grow and barriers to compete against large incumbent firms.

You are required an essay on one of the following topic

The main differences between SMEs and large firms regarding their resources and capabilities.

The limitations and barriers of SMEs (internals and externals). Next, the student should discuss their arguments by providing evidence from a specific situation, using examples from SMEs in a particular industrial context.

Provide the strategic options SMEs have to compete and analyse the feasibility of those options in light of the literature.

Under which conditions SMEs can compete against large firms?

Do not forget Main discussions in the topic include: Industry structure analysis, determinants of competition (e.g. five forces), the Resources Based view, capabilities, and strategic options.

The topic should have the following structure

Introduction

Conceptual and analytical frameworks

Analysis (using evidence)

Strategic options

Conclusions