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Barriers in the Internationalization Process of the Emerging SMEs: A Desk Study from Bangladesh Context | Australian Academy of Business and Economics Review
<!DOCTYPE html> <html lang="en-US" xml:lang="en-US"> <head> <meta charset="utf-8"> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <title> Barriers in the Internationalization Process of the Emerging SMEs: A Desk Study from Bangladesh Context | Australian Academy of Business and Economics Review </title> <meta name="generator" content="Open Journal Systems 3.3.0.13"> <link rel="schema.DC" href="http://purl.org/dc/elements/1.1/" /> <meta name="DC.Creator.PersonalName" content="Akhter Jahan"/> <meta name="DC.Date.created" scheme="ISO8601" content="2016-02-27"/> <meta name="DC.Date.dateSubmitted" scheme="ISO8601" content="2023-01-22"/> <meta name="DC.Date.issued" scheme="ISO8601" content="2023-01-22"/> <meta name="DC.Date.modified" scheme="ISO8601" content="2023-01-22"/> <meta name="DC.Description" xml:lang="en" content="Different barriers and challenges are faced by small and medium-sized enterprises (SME) since the beginning of their internationalization process in different countries. In developing countries, like Bangladesh, SMEs face challenges due to the dependence on less educated managerial staff for strategic formation and external support for internationalization process. However, SMEs in developed countries also face challenges due to low incentives for internationalization and high bank interest rate. Furthermore, the growth of SMEs in any country depends upon the availability of resources and support of external organizations. SMEs are considerably small compared to large organizations and they do not have enough resources to survive in the international market. In developing countries, SMEs face more hurdles because of less availability of resources and external support for their internationalization process. At the initial stage of the internalization process in Bangladesh, SMEs need more financial resources to make investment in capital-intensive projects and educated management for strategic formation. However, SMEs in developed countries are in their initial stage thus requiring financial resources on low interest rates as well as guidance to find representatives in the international market. The external organizations in both markets should support SMEs in meeting challenges and overcoming the barriers in their internationalization process. Keywords: Internationalization; SME; Barriers; Challenges; Bangladesh Australian Academy of Business and Economics Review, vol 2, issue 1, January 2016, pp 40-61"/> <meta name="DC.Format" scheme="IMT" content="application/pdf"/> <meta name="DC.Identifier" content="105"/> <meta name="DC.Identifier.pageNumber" content="40-61"/> <meta name="DC.Identifier.URI" content="https://journalshosting.com/aabljournals/index.php/aaber/article/view/105"/> <meta name="DC.Language" scheme="ISO639-1" content="en"/> <meta name="DC.Rights" content="Copyright (c) 2023 Akhter Jahan"/> <meta name="DC.Rights" content="https://creativecommons.org/licenses/by/4.0"/> <meta name="DC.Source" content="Australian Academy of Business and Economics Review"/> <meta name="DC.Source.ISSN" content="2205-6726"/> <meta name="DC.Source.Issue" content="1"/> <meta name="DC.Source.Volume" content="2"/> <meta name="DC.Source.URI" content="https://journalshosting.com/aabljournals/index.php/aaber"/> <meta name="DC.Subject" xml:lang="en" content="Internationalization"/> <meta name="DC.Subject" xml:lang="en" content="SME"/> <meta name="DC.Subject" xml:lang="en" content="Barriers"/> <meta name="DC.Subject" xml:lang="en" content="Challenges"/> <meta name="DC.Subject" xml:lang="en" content="Bangladesh"/> <meta name="DC.Title" content="Barriers in the Internationalization Process of the Emerging SMEs: A Desk Study from Bangladesh Context"/> <meta name="DC.Type" content="Text.Serial.Journal"/> <meta name="DC.Type.articleType" content="Articles"/> <meta name="gs_meta_revision" content="1.1"/> <meta name="citation_journal_title" content="Australian Academy of Business and Economics Review"/> <meta name="citation_journal_abbrev" content="AABER"/> <meta name="citation_issn" content="2205-6726"/> <meta name="citation_author" content="Akhter Jahan"/> <meta name="citation_title" content="Barriers in the Internationalization Process of the Emerging SMEs: A Desk Study from Bangladesh Context"/> <meta 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class="sr-only">Article Sidebar</h2> <div class="download"> <a class="galley-link btn btn-primary pdf" role="button" href="https://journalshosting.com/aabljournals/index.php/aaber/article/view/105/106"> PDF </a> </div> <div class="list-group"> <div class="list-group-item date-published"> <strong>Published:</strong> Feb 27, 2016 </div> <div class="list-group-item keywords"> <strong> Keywords:</strong> <div class=""> <span class="value"> Internationalization SME Barriers Challenges Bangladesh </span> </div> </div> </div> </section><!-- .article-sidebar --> <div class="col-md-8"> <section class="article-main"> <h2 class="sr-only">Main Article Content</h2> <div class="authors"> <div class="author"> <strong>Akhter Jahan</strong> </div> </div> <div class="article-summary" id="summary"> <h2>Abstract</h2> <div class="article-abstract"> <p>Different barriers and challenges are faced by small and medium-sized enterprises (SME) since the beginning of their internationalization process in different countries. In developing countries, like Bangladesh, SMEs face challenges due to the dependence on less educated managerial staff for strategic formation and external support for internationalization process. However, SMEs in developed countries also face challenges due to low incentives for internationalization and high bank interest rate. Furthermore, the growth of SMEs in any country depends upon the availability of resources and support of external organizations. SMEs are considerably small compared to large organizations and they do not have enough resources to survive in the international market. In developing countries, SMEs face more hurdles because of less availability of resources and external support for their internationalization process. At the initial stage of the internalization process in Bangladesh, SMEs need more financial resources to make investment in capital-intensive projects and educated management for strategic formation. However, SMEs in developed countries are in their initial stage thus requiring financial resources on low interest rates as well as guidance to find representatives in the international market. The external organizations in both markets should support SMEs in meeting challenges and overcoming the barriers in their internationalization process.</p><br /> <p><strong>Keywords: </strong>Internationalization; SME; Barriers; Challenges; Bangladesh</p><br /> <p><strong>Australian Academy of Business and Economics Review, vol 2, issue 1, January 2016, pp 40-61</strong></p> </div> </div> </section><!-- .article-main --> <section class="article-more-details"> <h2 class="sr-only">Article Details</h2> <div class="panel panel-default issue"> <div class="panel-heading"> Issue </div> <div class="panel-body"> <a class="title" href="https://journalshosting.com/aabljournals/index.php/aaber/issue/view/18"> Vol. 2 No. 1 (2016) </a> </div> </div> <div class="panel panel-default section"> <div class="panel-heading"> Section </div> <div class="panel-body"> Articles </div> </div> <div class="panel panel-default copyright"> <div class="panel-body"> <a rel="license" href="https://creativecommons.org/licenses/by/4.0/"><img alt="Creative Commons License" src="//i.creativecommons.org/l/by/4.0/88x31.png" /></a><p>This work is licensed under a <a rel="license" href="https://creativecommons.org/licenses/by/4.0/">Creative Commons Attribution 4.0 International License</a>.</p> </div> </div> </section><!-- .article-details --> </div><!-- .col-md-8 --> </div><!-- .row --> </article> </div><!-- .page --> </main> <aside id="sidebar" class="pkp_structure_sidebar left col-xs-12 col-sm-2 col-md-4" role="complementary" aria-label="Sidebar"> <div class="pkp_block block_custom" id="customblock-aaber-submission-site"> <h2 class="title">AABER Submission Site</h2> <div class="content"> <p>Please make a submission by using the "<strong>MAKE A SUBMISSION</strong>" link below. <u>You may not receive any notification of your submission in your email</u>. 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