Donatella DEPPERU is Professor of Business Administration and Strategic Management at the Università Cattolica del Sacro Cuore in Milan and Director of CERSI, Center for the Entrepreneurial Development in Cremona. She is Vice President of the Italian Academy of Management (AIDEA). From 2000 to 2009 she was member of the Executive Committee of the European Academy of Management (EURAM). Her main research and teaching activities are in the field of strategic management and international business, focusing on: internationalization of small and medium sized firms; process of strategy formation and business planning; strategic alliances and M&A. Daniele CERRATO, PhD (University of Salerno, Italy, 2002), is currently Assistant Professor of International Business at the Università Cattolica del Sacro Cuore in Piacenza (Italy). He teaches international management and business administration. His research interests include international strategies, internationalization process of firms, and theory of the multinational enterprise. He has published in refereed journals including International Business Review and European Management Journal. Fabio ANTOLDI is Professor of Strategic Management, Università Cattolica del Sacro Cuore in Milan and Co-Director of CERSI, Center for the Entrepreneurial Development in Cremona. He is Director of the Division “Small Business and Industrial Districts” of ALTIS, the Postgraduate School of Business & Society of Università Cattolica in Milan. His main areas of research and teaching at present are: management of SMEs; entrepreneurship; family business; clusters and networks of SMEs.