The internationalization of companies and their contribution to local development from the experience of Cuba

The objective of this article is to collect and comment on the main theories on the internationalization of companies and Local Development, as well as its impact and importance for the economy. The methodology used is qualitative and the method is documentary review. As a main result, it was reported that business internationalization contributes to local development, hence the importance of promoting the increase in the export potential of companies in the territory. The role played by local companies and actors in the internationalization process and especially in the export approach that characterizes Cuba, is also highlighted. Therefore, the country has outlined as a strategy to increase exports based on enhancing the capabilities and potential of companies in the territories and achieve a better positioning of their products in the international market. For this, it seeks to guarantee the necessary levels of efficiency and greater dynamism in the productions, in order to achieve more competitiveness.