EURASIAN JOURNAL OF BUSINESS AND MANAGEMENT http://www.eurasianpublications.com STIMULATING THE COMPETITIVENESS OF THE MACEDONIAN ECONOMY THROUGH THE PROCESS OF STIMULATION THE INTERNATIONALIZATION OF THE COMPANIES

Abstract The research in this paper is to be focused on examining the internationalization of the Macedonian companies as a prerequisite in improvement of Macedonian competitiveness. Internationalization as a process of integration in international economic activities contributes to overcome the sizes of national markets. According to the World Economic Forum (WEF) the size of the market is one of the pillars of competitiveness and it is revealed as one of the limitation of the competitiveness of Macedonian economy. The contemporary theories of competitiveness recognize the necessity of quantitative and qualitative improvement of the process of internationalization of the companies. Quantitative improvement means involving not only trade but also outward FDI and the new quality signifies the necessity of restructuring the economic activities towards employing and creating innovation based processes, a