Comparison Of Factors Of Internationalization Of Small Medium Enterprises (Smes) In India: An Exploratory Analysis

Abstract

The objective of this research work is to do the comparison of factors on the basis of the characteristics of Small and Medium Enterprises’. The effect of these factors on internationalization of Small and Medium Enterprisesis studied through multi-comparison analysis. Data for this report came from a survey of SMEs (N = 256) with a structured questionnaire design. T test and ANOVA have been used to achieve the objectives of the study. To contribute to an internationally valid and reliable research instrument for internationalization of SMEs, new constructs were identified. Consistent with the hypotheses, in general, the extracted factors affecting internationalization of SMEs are found to be significant on the basis of SME’s internal characteristics. Internationalization is critical to the firms which aim to expand their business internationally; consequently, factors which are critical for the SMEs internationalization need to be identified. The resultant implications of this research are discussed by the authors and can help SMEs and entrepreneurs achieve a sustainable competitive advantage in global markets and enhance their performance.