Local development arises through a number of strategies involving key elements such as regulation or deregulation of the state, the free interplay of market forces, companies, networks, alliances and strategies, the territory as a social construction, culture, knowledge and innovation. All these elements are combined in the territory as fundamental elements in creating the conditions and processes of globalization with local development. Objective: To review the various theories of Local Development and the terms of the internationalization of enterprises in the territories, leading to the glocal concept in the regions. Methods: Review of 20 articles of