9  See Board of Governors of the Federal Reserve System (2010), “Federal Reserve, OCC, OTS, FDIC Issue Final Guidance on Incentive Compensation”, joint press release, June 21, www.federalreserve.gov/ newsevents/press/bcreg/20100621a.htm.
While most SMEs will remain focused on the local market, those that are likely to thrive and expand are the ones that embrace the export challenge and are prepared to adopt new technology, develop new information systems and devise innovative products that are globally competitive.