The purpose of this study was to determine the effect of resourced based view, market orientation, implementation of information technology, effectuation and networking capability on the internationalization of Small and Medum Enterprises (SMEs) and the indirect influence between these variables with networking capability as a moderator. The research method uses a quantitative approach. The population and sample in this study are SMEs throughout East Java, Indonesia that have made efforts to internationalize, with data obtained from the Export Center Surabaya office, which is an institution formed by the East Java Provincial Trade Service and the Indonesian Chamber of Commerce. 1346 SMEs were recorded at the Export Center Surabaya office and a sample of 300 SMEs was obtained. The analysis technique used in this study is SEM PLS, which is to determine validity, reliability, and hypothesis testing. The results of the study show that resourced based view, market orientation, information technology implementation, effectuation and networking capability on SMEs internationalization have a positive and significant effect. Networking capability as a moderator can strengthen the influence of resourced based view and market orientation towards the internationalization of SMEs. Meanwhile, in the effectuation and implementation of information technology relationship with SMEs internationalization, networking capability as a moderator is in a weak position, that is it produces a negative coefficient, with a t-statistic value greater than the t-table.