Download or read book Internationalisation of Small Medium Enterprises SMEs written by Jobaire Alam and published by GRIN Verlag. This book was released on 2018-03-07 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2013 in the subject Leadership and Human Resources - Miscellaneous, grade: B, Prifysgol Cymru University of Wales, language: English, abstract: Internationalisation is such a fascination, by which states and companies are dealing business and going up against in contest between them on a worldwide level. Globalization, which is the formation to bring products or services in marketplace, subsidizes to the global economic growth and improvement of countries worldwide. In present world, internationalization impacts all the business firms large and small. Progressively, small and medium sized enterprises (SMEs) which are ascertained as containing of firms employing less than 250 employees, with firms having less than 50 employees being concerned as small and firms having 50-249 employees being concerned as medium in size, are forced to play a role in international business markets. This globalisation is able to take many forms, such as exporting products and services, foreign investment in both way directly or indirectly, licensing, authorising completely, importing with exporting being the mode of internationalization for small and medium enterprises. According to the thesis topic ‘Internationalization of SMEs,’ the dissertation will discuss on the trading abroad or exporting of SMEs. As it can be said that doing internationalise may be important and useful for business companies in order to expand and exist in the further future, it cannot precisely confirm of the firm’s survival. The risks of loosing opportunities or chances and costs or values affected in the format will be a very vital considerable factor. Smaller firms find that very hard to recover or overcome these opposite situations and challenges. Moreover, these small firms certainly often suffer from their limited capacity and resources. The modern technology which is with the very developed useful software and hardware has been able to improve in the number of small and medium business firms to globalise themselves in to global competition market. Modern technology is indeed such a magic that is able to help even any single business owner to expand his business all over the world. So that it is very vital for small and medium enterprises to spread over into the global competition.

Download or read book Key Success Factors of SME Internationalisation written by Noémie Dominguez and published by Emerald Group Publishing. This book was released on 2018-08-22 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collective book offers a cross-country perspective on the internationalisation of small and medium-sized enterprises (SMEs). Scholars from prestigious institutions in Europe, North America, Australia and China provide new insights on how SMEs develop and perform their international activities.

Download or read book SME Internationalization Strategies written by Noémie Dominguez and published by John Wiley & Sons. This book was released on 2018-05-08 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Internationalization is a strategic issue for companies as it is today the central axis for the development of small and medium-sized enterprises (SMEs). Market expansion and the growing importance of emerging markets offer new development opportunities for SMEs to use innovative strategies - such as head-deck strategies - to effectively penetrate these markets. This book focuses on understanding these new strategies. Why do SMEs use head-of-bridge strategies in order to internationalize? How do they deploy such strategies abroad? Based on the example of five manufacturing SMEs, which are at different stages of internationalization, this book highlights the main motivations, stages of deployment but also difficulties encountered in this direction. This book is a tool for assessing potential locations and provide managers with a new alternative in terms of internationalization, enabling rapid identification of key stakeholders, adapting their international development plan and anticipating potential pitfalls.

Download or read book Cases on Internationalization Challenges for SMEs written by Moreira, António Carrizo and published by IGI Global. This book was released on 2020-11-06 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the globalization process, firms are seeking to expand their activities to international markets but are also “feeling” expanded competition from abroad. Small and medium-sized enterprises (SMEs), though seeking to expand abroad, have particularities that hinder their natural international expansion path due to particular barriers and challenges that most multinational firms have already overcome. Cases on Internationalization Challenges for SMEs provides a set of case studies on the internationalization of SMEs in order to share the latest empirical research findings in the field of internationalization in the context of a globalized world, and which considers a highly competitive international business setting. This includes examining the main reasons for the success or failure of the process of internationalization of SMEs and their inherent activities. Covering topics that include competitive advantage, export performance, and inward internationalization, this book targets managers, executives, and entrepreneurs concerned with how to adapt their companies to a fast-changing international business environment, how to conduct internationalization strategies, how to choose the most adequate international entry modes, and how to adapt their products and strategies to international markets. It is also suited for academicians, researchers, and students in the field of management.

Download or read book The Role of Market Research in the Internationalization of Small and Medium Enterprises written by Adeel Asghar and published by GRIN Verlag. This book was released on 2019-10-14 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2009 in the subject Business economics - Market research, grade: 3.5, Mälardalen University (School of Sustainable Development of Society and Technology), course: MS International Marketing, language: English, abstract: The topic of this dissertation comes from these two areas: internationalization of small and medium enterprises (SMEs) and international entrepreneurship. When looking into SMEs internationalization research, there is lack of material about pre-internationalization stage of SMEs. It is also very critical that firms should have theoretical guidelines to follow in early internationalization stage when they have no or very little international experience. SMEs are well known for their innovative and risk taking approach. This study aims at providing them with a strategic framework or method to analyze the marketability of their products or services and exploit internationalization opportunities. It also focuses on helping them in reducing their risks linked with cross border business opportunities. This research is performed through case study method. A new conceptual model has been developed by integrating relevant standard approaches within the field of research. This model has been further explained by implementing it on case company. Internationalization of SMEs in general has become a very famous topic in the world. This is the area which is developing further at present. Plenty of research has been performed from different perspectives and angles. International Entrepreneurship is an emerging area when it is yet struggling for standard definition. International entrepreneurship theory and SMEs are very much connected areas. While making a study related to internationalization of SMEs, we cannot neglect the importance of entrepreneurs, which is widely recognized as the main variables in SMEs' internationalization. Developing theoretical and conceptual model by integrating different existing theories is very usual in SMEs' internationalization research area. This may be due the reason that there is lack of standard theories or approaches in this area so there is an absolute need for such efforts. Motivated by similar drive authors aimed to create customized theoretical framework for analysis with the help of different standard approaches in the field.

Download or read book International Growth of Small and Medium Enterprises written by Niina Nummela and published by Routledge. This book was released on 2010-10-04 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of international growth of SMEs from diverse points of view. It verifies that SMEs in all parts of the globe share similar characteristics, yet differ significantly. New explanations for this emerge, and although seminal concepts still remain powerful, their proper use requires new interpretations.

Download or read book Internationalization of SMEs written by Nelly Daszkiewicz and published by . This book was released on 2012 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Innovation and Internationalization of Small and Medium Enterprises written by Manon Enjolras and published by Business and Innovation. This book was released on 2022-04-13 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, globalization as well as the successive economic, political and health crises have changed the rules of the game in terms of competitiveness for companies. In this context, SMEs perhaps more than others are forced to face several upheavals to secure their activities and guarantee their survival. While SMEs have well-known weaknesses linked to their resources, they also have many assets that enable them to constantly renew themselves. Flexibility, responsiveness and resilience are therefore the watchwords to create new opportunities to grow, innovate, and position themselves on international markets. But how do they call into question the dynamics, approaches, and strategies for evolving in the international market? What role does innovation play in pursuing these changes? Through this collective and multidisciplinary book, we confront the point of view of management scientists, engineers and practitioners, to provide a rich and complementary multifaceted insight into innovation and internationalization in SMEs. We thus highlight key success factors favoring the emergence of new strategies, dynamics and value-creating opportunities.

Download or read book Small and Medium Sized Enterprises written by Lisa Hohneck and published by . This book was released on 2013-07 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Business economics - Company formation, Business Plans, grade: 1,0, University of Applied Sciences Trier, language: English, abstract: Field of study: International Business/International Entrepreneurship Small and Medium-Sized Enterprises: Definitions, Economic Functions and Determinants of Internationalisation This study investigates a number of motives stimulating the internationalisation of small and medium-sized enterprises (SMEs).The internationalisation of SMEs usually is not part of a strategy but a reaction to a stimulus. An internationalisation stimulus is a factor fostering a firm's decision to start or maintain committing some resources to act on an international basis. The reaction to stimuli is an indicator for the flexibility of SMEs. It is an interesting point that flexibility helps small firms to overcome the lack of financial resources and is their advantage with regard to internationalisation. After dealing with different definitions of "small" and "medium" with regard to enterprize size and evaluating on the economic functions of smaller firms this work explains the ten following internationalization stimuli: - Potential for extra growth/sales/profit - Production of goods with unique qualities - Influence of decision maker - Orders from abroad - Saturation/shrinkage in domestic market - Intense competition of domestic market - Networking - Fulfilling an international need - Limitation of trade barriers - Global trade infrastructure

Download or read book The Internationalization of Small to Medium Enterprises written by Rik Donckels and published by Routledge. This book was released on 2002-09-26 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Internationalization of Small to Medium Enterprizes uses information from annual surveys of companies in Europe during the period spanning the formation of a single European market. It addresses issues affecting small businesses such as marketing, entrepreneurship, export strategies and the single market, on an international basis. The book also contains detailed case studies of individual countries including The Netherlands, Finland, Switzerland and the UK.

Download or read book Impact of International Business written by Heinz Tuselmann and published by Springer. This book was released on 2016-07-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international community is confronted with a new set of challenges, the scale and complexity of which is virtually unprecedented. In this connection, there are heightened demands for international business research to provide guidance for decision-makers on how to solve actual problems. Impact of International Business addresses current challenges and issues, and provides fresh insights that are pertinent for policy and practice. The book examines various contemporary international business issues from various viewpoints, draws on research conducted in different countries, examines IB issues in both developed and emerging country contexts, offers various theoretical perspectives and different methodologies. It provides both rigorous empirical and conceptual advances and insights that are useful and relevant for managers and policy makers in their search for solutions in face of current challenges posed by the international environment.

Download or read book Transnational Entrepreneurship written by Mathew J. Manimala and published by Springer. This book was released on 2019-06-26 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume develops an understanding of the strategies, processes, issues and concerns involved when small and medium-sized enterprises (SMEs) go international with their local products/services and vice versa. It is a compendium of eighteen selected chapters on the subject, supported by an introductory chapter. The contributions are organized in four parts based on the sub-themes they deal with. The first part, containing the introductory chapter, provides different perspectives on transnational entrepreneurship, returnee entrepreneurship and their linkages with the internationalization process. The subsequent parts have chapters dealing with three sub-themes of the subject – the internal factors (individual and firm-level resources), the external factors (entrepreneurial ecosystem), and the process of organizational transformation and change, respectively, in the context of SME internationalization. Special issues and challenges being faced by SME entrepreneurs in emerging economies have been highlighted in this book, discussing key contemporary issues with regard to internationalization in the three dimensions outlined above. Further, the book explains how an entrepreneur can engineer the transformation of his/her organization into an international SME. This book is a very useful resource for entrepreneurs and policy-makers in general, and for academics and researchers in particular, as it provides an overview of the contemporary research in the critical areas of SME internationalization and transnational entrepreneurship by highlighting the linkages between them with special reference to emerging economies.

Download or read book Motivating SMEs to Cooperate and Internationalize written by George Tesar and published by Routledge. This book was released on 2017-09-18 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in generally expanding the understanding of small and medium-sized enterprises, especially understanding their strategies and operations to enter international markets, is growing rapidly among researchers and academics globally. Government officials, regional and economic specialists, and international trade advisers are directly involved in assisting small and medium-sized enterprises in developing their international marketing expertise. Motivating SMEs to Cooperate and Internationalize consists of research studies, cases, and experiences obtained by researchers and academics from managers of small and medium-sized enterprises in Northern Europe as they worked closely with managers on issues and problems leading to internationalization of enterprises. This book will map not only the attempts of small and medium-sized enterprises in Northern Europe to enter foreign markets, but also to understand how researchers and academics can help small and medium-sized Northern European enterprisers achieve their objectives. This compilation of approaches, perspectives, and experiences will serve as a resource tool for researchers and academics active in international management training programs worldwide and help illustrate how to close the gap between publishing results of their findings and efforts to disseminate their findings among managers of small and medium-sized enterprises in their domains. This book is the first attempt to integrate results of research studies and practices as an illustration of how knowledge of small and medium-sized enterprises has evolved since the 1980s with the contributions of individual researchers and academics in Northern Europe. It will be of relevance to academics and researchers interested in working closely with small and medium-sized enterprises to meet their goals in entering international markets.

Download or read book International Small and Medium Sized Enterprises written by Edith Olejnik and published by Springer Science & Business Media. This book was released on 2014-01-27 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: With growing international business, small and medium-sized enterprises (SMEs) have been faced with increased competition, but also with enhanced opportunities. Edith Olejnik addresses four major issues within the context of SMEs’ internationalization process: First, she identifies the three different internationalization patterns that SMEs take and analyzes how these patterns develop over time. Second, she looks at dynamic changes of foreign operation modes and the managerial reasons for these changes. Third, she derives an empirical classification of smaller family firms and profiles them using a comprehensive set of organizational variables. Fourth, she investigates the relationship between firm-level processes and dynamic capabilities in driving the international performance of SMEs. Based on theoretical considerations and empirical analyses this work provides important implications for research and management practice.

Download or read book Internationalisation of Small and Medium Enterprises written by Md Daud lsmail and published by . This book was released on 2011 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research examines the internationalisation behaviour of small and medium enterprisesin an emerging economy. In particular, this study investigates how small businesses successfully venture into foreign markets despite their inherent lack of resources. The success of such ventures has been at the centre of investigation because cross border operations are incredibly complex and often characterised by high risks and uncertainty. To overcome these risks and uncertainty, firms need knowledge, particularly experiential knowledge of such markets. For small businesses, this is a challenge because acquiring such knowledge demands great resources. Previous studies suggest that small businesses use intangible resources and capabilities to overcome this shortage of financial and human resources.Existing studies also suggest that to operate in cross border markets small businesses require external support from foreign partners. In order to gain this, small businesses use the capabilities of building cross border relationships with foreign partners to achieve superior performance in foreign markets. While this notion has been discussed by scholarsfor almost a decade, this study addresses many important issues that have not hitherto been researched.This study extends the theoretical concepts relevant to the interface between knowledge and capabilities. Small businesses use relationship building capabilities to leverage foreign importers' competencies in local markets to acquire knowledge. These capabilities are supported by two important factors, namely smallness and flexibility, which enable small businesses to react and interact with foreign partners in the most effective way. Althoughrelationship building capabilities have been assumed to exist, they have not been extensively investigated, particularly in the case of small businesses.This study also goes a step further by investigating the components of relationship building capabilities: these consist of several intangible resources and capabilities. A literature search suggests that a firm's resources and capabilities pertinent to cross borderrelationship building are market orientation, entrepreneurship orientation, learning orientation, human capital and relationship quality. In determining the relationship between these resources and capabilities, this study advances the notion that knowledge acquisition is achieved through a strong and close relationship with foreign partner. This form of relationship is called a quality relationship. The quality of the relationship facilitates an exchange of knowledge resources between partners. Hence, small business exporters use their resources and capabilities to build relationship quality with foreign importers which, in turn, relates to competitiveness, internationalisation and export performance.A conceptual model is established integrating two existing theories, the Uppsala model and the Resource-based view, to guide the theoretical underpinning of this study. The model distinguishes between a firm's resources and capabilities as independent variables and internationalisation outcomes as dependent variables. The independent variables include market orientation, entrepreneurship orientation, learning orientation, human capital and psychic distance. Internationalisation outcomes consist of export performance, competitive advantage and internationalisation. The model also acknowledges the mediating function of relationship quality. Although a very similar model has previously been developed, some important elements of small businesses, such as entrepreneurial posture and the role of top managers, were ignored in the earlier model.Data was collected from Malaysian wholly-owned, small and medium businesses in Malaysia in the manufacturing sector to assess the model and test the hypotheses. A questionnaire developed for the study was chosen as a means of collecting data from a sample population of 853 firms recruited through industrial directories. A total of 228 small and medium businesses returned the questionnaire providing an approximately 30 per cent response rate.Data was first analysed using regression analysis through the statistical package SPSS 17. Regression analysis was used to measure the extent to which the independent variables predicted relationship quality and internationalisation outcomes. This method was also used to measure the moderating function of the moderator on the effect of the variables on relationship quality. Generally, the findings show mixed results where some hypotheses are supported while others are not. With regard to the moderating function, the data only support one effect: that is, the moderating role of communication on the influence of learning orientation on relationship quality.Structural equation modelling (SEM) was also used to examine complex interrelationships among variables in the study. The aim was to examine for direct, indirect, and total, effects of the various factors. SEM was performed using AMOS and the findings show that relationship quality and competitive advantage could be predicted through entrepreneurship orientation and learning orientation. Relationship quality was also found to affect competitive advantage and export performance. The relationship between competitive advantage and export performance was found to be positive and significant. However, no effect was found on the mediating role of relationship quality.

Download or read book Born Global Firms written by S. Tamer Cavusgil and published by Business Expert Press. This book was released on 2009-08-01 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps managers and scholars understand the born-global phenomenon. We offer a comprehensive treatment of born globals, from distinctive features of these companies, to strategies that they use for international success, to implications of the phenomenon for international small- and medium-sized enterprises. We review useful theories and frameworks, as well as introduce a new field based on the born-global phenomenon - international entrepreneurship.

Download or read book Small and Medium sized Enterprises and the Global Economy written by Gerald I. Susman and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization has jarred the traditional role and competitiveness of small- and medium-sized enterprises. This masterful volume comprises leading scholars, policy makers and business leaders who have new insights and strategies for SMEs creating opportunities rather than being victims of globalization. The result is a breakthrough in our understanding of entrepreneurship in the global context. David B. Audretsch, Indiana University, Bloomington, US and WHU, Germany Small and medium-sized enterprises (SMEs) often have difficulty competing in the global economy unless they collaborate with domestic or foreign partners or with public sector organizations. This book addresses the resource leverage and innovation challenges that increased global trade represents for SMEs. In doing so, it explores how SMEs can become more competitive at home and in foreign markets as stand-alone firms or as members of supplier and customer networks. SMEs are turning increasingly to innovation as a source of competitive advantage in order to protect their home markets and participate in expanding foreign markets. The contributors to this volume leading experts in entrepreneurship, innovation, and international business provide in-depth coverage of the most compelling issues facing SMEs. These include: innovation as a competitive strategy, network dynamics, ways to leverage technology, internationalization, and the role of the public sector in helping SMEs to overcome resource deficiencies. This comprehensive look at SMEs in the global marketplace will be of great interest to academics who study entrepreneurship, innovation, or international business, officials from public sector agencies with responsibility for helping SMEs to internationalize and become more innovative, and senior executives of SMEs or executives of larger companies who are considering collaboration with SMEs.