Internationalisation Of Small Medium Enterprises Smes

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Internationalisation of Small Medium Enterprises (SMEs)

Author : Jobaire Alam
Publisher : GRIN Verlag
Page : 21 pages
File Size : 43,6 Mb
Release : 2018-03-07
Category : Business & Economics
ISBN : 9783668654624

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Internationalisation of Small Medium Enterprises (SMEs) by Jobaire Alam Pdf

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.

Key Success Factors of SME Internationalisation

Author : Noémie Dominguez,Ulrike Mayrhofer
Publisher : Emerald Group Publishing
Page : 272 pages
File Size : 53,7 Mb
Release : 2018-08-22
Category : Business & Economics
ISBN : 9781787542778

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Key Success Factors of SME Internationalisation by Noémie Dominguez,Ulrike Mayrhofer Pdf

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.

SME Internationalization Strategies

Author : Noémie Dominguez
Publisher : John Wiley & Sons
Page : 360 pages
File Size : 53,5 Mb
Release : 2018-05-08
Category : Business & Economics
ISBN : 9781786301536

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SME Internationalization Strategies by Noémie Dominguez Pdf

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.

International Growth of Small and Medium Enterprises

Author : Niina Nummela
Publisher : Routledge
Page : 327 pages
File Size : 48,8 Mb
Release : 2010-10-04
Category : Business & Economics
ISBN : 9781136906435

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International Growth of Small and Medium Enterprises by Niina Nummela Pdf

The majority of SMEs are operating in a networked business environment, and these networks extend beyond national and cultural boundaries. Within these networks, growth takes various routes and forms. Instead of linear, positive growth, international growth is often more cyclical, including periods of stagnation and withdrawal, even exits. International Growth of Small and Medium Enterprises focuses on international growth, such as how companies expand their operations across national borders through opportunity exploration and exploitation, and identification and development of innovations, i.e. on international entrepreneurship. The book provides a comprehensive overview of international growth of small and medium-sized enterprises from diverse points of view. It verifies that SMEs in all parts of the globe share similar characteristics, but also differ significantly. New explanations emerge, such as ownership, steering of the company, or the negative consequences of international growth. It discusses how the changing external environment of SMEs pushes them to create innovative solutions in order to survive and succeed. This collection of new and international perspectives sheds much-needed light on how founders and management teams of SMEs can succeed in fostering the growth process, and what specific characteristics are instrumental in initiating and maintaining international growth.

Transnational Entrepreneurship

Author : Mathew J. Manimala,Kishinchand Poornima Wasdani,Abhishek Vijaygopal
Publisher : Springer
Page : 419 pages
File Size : 43,5 Mb
Release : 2019-06-26
Category : Business & Economics
ISBN : 9789811062988

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Transnational Entrepreneurship by Mathew J. Manimala,Kishinchand Poornima Wasdani,Abhishek Vijaygopal Pdf

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.

The Role of Market Research in the Internationalization of Small and Medium Enterprises

Author : Adeel Asghar,Shahid Kalim Khan
Publisher : GRIN Verlag
Page : 102 pages
File Size : 49,5 Mb
Release : 2019-10-14
Category : Business & Economics
ISBN : 9783346035875

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The Role of Market Research in the Internationalization of Small and Medium Enterprises by Adeel Asghar,Shahid Kalim Khan Pdf

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.

Internationalization of SMEs

Author : Nelly Daszkiewicz,Krzysztof Wach
Publisher : Unknown
Page : 109 pages
File Size : 42,7 Mb
Release : 2012
Category : Small business
ISBN : 8373484116

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Internationalization of SMEs by Nelly Daszkiewicz,Krzysztof Wach Pdf

Removing Barriers to SME Access to International Markets

Author : OECD
Publisher : OECD Publishing
Page : 214 pages
File Size : 52,8 Mb
Release : 2008-04-07
Category : Electronic
ISBN : 9789264045866

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Removing Barriers to SME Access to International Markets by OECD Pdf

This book sheds light on facilitating SME internationalisation and also presents a synthesis of the Conference discussions and the main outcome of the Conference: the "Athens Action Plan for Removing Barriers to SME Access to International Markets".

Cases on Internationalization Challenges for SMEs

Author : Moreira, António Carrizo
Publisher : IGI Global
Page : 351 pages
File Size : 48,7 Mb
Release : 2020-11-06
Category : Business & Economics
ISBN : 9781799843887

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Cases on Internationalization Challenges for SMEs by Moreira, António Carrizo Pdf

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.

Innovation and Internationalization of Small and Medium Enterprises

Author : Manon Enjolras,Mauricio Camargo,Christophe Schmitt
Publisher : Business and Innovation
Page : 218 pages
File Size : 41,5 Mb
Release : 2022-04-13
Category : Electronic
ISBN : 2807618200

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Innovation and Internationalization of Small and Medium Enterprises by Manon Enjolras,Mauricio Camargo,Christophe Schmitt Pdf

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.

The Internationalization of Small to Medium Enterprises

Author : Rik Donckels,Antti Haahti,Graham Hall
Publisher : Routledge
Page : 202 pages
File Size : 49,7 Mb
Release : 2002-09-26
Category : Business & Economics
ISBN : 9781134785797

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The Internationalization of Small to Medium Enterprises by Rik Donckels,Antti Haahti,Graham Hall Pdf

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.

Small and Medium-Sized Enterprises

Author : Lisa Hohneck
Publisher : GRIN Verlag
Page : 20 pages
File Size : 50,9 Mb
Release : 2013-07-03
Category : Business & Economics
ISBN : 9783656455400

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Small and Medium-Sized Enterprises by Lisa Hohneck Pdf

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

The Process of Internationalization

Author : Academy of International Business. UK Chapter. Conference,Frank McDonald,Michael Mayer,Trevor Buck
Publisher : Palgrave MacMillan
Page : 343 pages
File Size : 47,6 Mb
Release : 2004
Category : Business & Economics
ISBN : 140393228X

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The Process of Internationalization by Academy of International Business. UK Chapter. Conference,Frank McDonald,Michael Mayer,Trevor Buck Pdf

This volume is based on the best papers presented at the 30th Annual Conference of the UK Chapter of the Academy of International Business. The focus of the papers revolves around the process of internationalization and is centred on four main themes: the strategic and organizational development of the internationalized firm; the role of culture and institutions in international business; the internationalization of small- and medium-sized enterprises; and foreign direct investment, impact and policy implications. Covering a wide variety of topical internationalization issues, this book brings together findings from many of the foremost researchers in the field.

Motivating SMEs to Cooperate and Internationalize

Author : George Tesar,Zsuzsanna Vincze
Publisher : Routledge
Page : 257 pages
File Size : 43,9 Mb
Release : 2017-09-18
Category : Business & Economics
ISBN : 9781315412597

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Motivating SMEs to Cooperate and Internationalize by George Tesar,Zsuzsanna Vincze Pdf

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.

Issues Faced By Small and Medium Enterprises In A Global Business Environment

Author : Marvin Müller,Daniil Timofeev
Publisher : GRIN Verlag
Page : 30 pages
File Size : 48,5 Mb
Release : 2016-02-18
Category : Business & Economics
ISBN : 9783668154681

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Issues Faced By Small and Medium Enterprises In A Global Business Environment by Marvin Müller,Daniil Timofeev Pdf

Seminar paper from the year 2016 in the subject Business economics - Company formation, Business Plans, grade: 81%, University of South Wales, language: English, abstract: The paper aims to analyse the current situation of a fictive company and moreover to work out an adequate internationalisation strategy considering the following three key objectives: 1. Reduce labour costs by shifting the production- centre to a low-income country, 2. Enter new markets in countries with a low level of market satisfaction, 3. Enlarge the range and variety of products through a highly educated R&D-Team. After evaluating the business environment, three potential target countries for the internationalisation process are assessed. In a next step the strengths, weaknesses, opportunities and threats are lined out. Moreover a PEST-analysis is conducted to prepare for the location decision. Finally, the most adequate method is selected and a brief conclusion and recommendation are given.