Limitations for Sme Internationalisation
Table of Contents
Literature review 3 SME internationalization 6 Barriers 8 Internal barriers 11 External barriers 17 Conclusions 20 List of literature 22
Literature review
The first article I used was "SMEs' Barriers Towards Internationalization and Assistance Requirements in the UK” published in Journal of Small business and Entrepreneurship. Existing studies have identified a number of barriers, both perceived and actual, that affect firms’ internationalization. Arguably, these factors have primarily been identified via an exporting perspective that has tended to feature heavily in previous studies in comparison to firms engaged in multiple modes of market entry (joint ventures, licensing, etc.). This paper reports on findings from a survey of UK SMEs, investigating managers’ perceptions of barriers towards internationalizing and support required to overcome those same barriers. Analysis of survey data and subsequent findings from interviews indicate that differences exist between two groups of firms, that is, those that employ an export strategy compared with those that employ multiple modes of market entry in respect of both perceived barriers and assistance requirements. Implications for policy makers are also discussed that contribute to work at the public/private sector interface. Another article I used while analysing motivating factors and stimulus for internationalization for SME is «An analytical review of the factors stimulating smaller firms to export: implications for policy makers». In this paper it’s approved that although exporting can offer many benefits to smaller manufacturers, a large number of these firms refrain from export operations as a result of insufficient stimulation. This paper seeks to critically analyse and creatively formulize the reasons why SME’s go international. The review revealed that export stimulation stems from a variety of factors such as time, spatial and industry context. Also this article
Literature review 3 SME internationalization 6 Barriers 8 Internal barriers 11 External barriers 17 Conclusions 20 List of literature 22
Literature review
The first article I used was "SMEs' Barriers Towards Internationalization and Assistance Requirements in the UK” published in Journal of Small business and Entrepreneurship. Existing studies have identified a number of barriers, both perceived and actual, that affect firms’ internationalization. Arguably, these factors have primarily been identified via an exporting perspective that has tended to feature heavily in previous studies in comparison to firms engaged in multiple modes of market entry (joint ventures, licensing, etc.). This paper reports on findings from a survey of UK SMEs, investigating managers’ perceptions of barriers towards internationalizing and support required to overcome those same barriers. Analysis of survey data and subsequent findings from interviews indicate that differences exist between two groups of firms, that is, those that employ an export strategy compared with those that employ multiple modes of market entry in respect of both perceived barriers and assistance requirements. Implications for policy makers are also discussed that contribute to work at the public/private sector interface. Another article I used while analysing motivating factors and stimulus for internationalization for SME is «An analytical review of the factors stimulating smaller firms to export: implications for policy makers». In this paper it’s approved that although exporting can offer many benefits to smaller manufacturers, a large number of these firms refrain from export operations as a result of insufficient stimulation. This paper seeks to critically analyse and creatively formulize the reasons why SME’s go international. The review revealed that export stimulation stems from a variety of factors such as time, spatial and industry context. Also this article