Internationalization of a UK SME Into an Asian Country

Internationalization of a UK SME Into an Asian Country PDF Author: Nneka . M. Okoye
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659155185
Category :
Languages : en
Pages : 100

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Book Description
Globalization offer internationalization opportunity for Small and Medium sized Enterprises (SMEs) into any country. As SMEs are currently sources of economic expansion for the advanced developed countries because of their innovative capabilities. This book pertains to the operations of Risk Frisk Ltd (RFL) an SME based in the UK within the logistics industry with the intent to expand into Malaysia. This decision highlighted various constraints such as the audit of the macro and micro environmental forces that RFL has to overcome in order to implement a successful strategic plan. It reviews literature on SME internationalization such as Dunning's eclectic paradigm, Stage and Network approach to ascertain the most suitable approach. It explores environmental, cultural gap and Malaysia's business culture. The aim of this analysis is to assist International Business Students and start up or existing SMEs in the western countries looking to expand their operations into Asian countries. The author argues that not all strategic choices of entry mode are suitable for SMEs and recommends an appropriate network approach.

Internationalization of a UK SME Into an Asian Country

Internationalization of a UK SME Into an Asian Country PDF Author: Nneka . M. Okoye
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659155185
Category :
Languages : en
Pages : 100

Get Book Here

Book Description
Globalization offer internationalization opportunity for Small and Medium sized Enterprises (SMEs) into any country. As SMEs are currently sources of economic expansion for the advanced developed countries because of their innovative capabilities. This book pertains to the operations of Risk Frisk Ltd (RFL) an SME based in the UK within the logistics industry with the intent to expand into Malaysia. This decision highlighted various constraints such as the audit of the macro and micro environmental forces that RFL has to overcome in order to implement a successful strategic plan. It reviews literature on SME internationalization such as Dunning's eclectic paradigm, Stage and Network approach to ascertain the most suitable approach. It explores environmental, cultural gap and Malaysia's business culture. The aim of this analysis is to assist International Business Students and start up or existing SMEs in the western countries looking to expand their operations into Asian countries. The author argues that not all strategic choices of entry mode are suitable for SMEs and recommends an appropriate network approach.

Sustaining Growth and Performance in East Asia

Sustaining Growth and Performance in East Asia PDF Author: Charles Harvie
Publisher: Edward Elgar Publishing
ISBN: 9781845425630
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
This third book in the series focuses on how small and medium sized enterprises (SMEs) contribute to achieving and sustaining growth and performance in their economies, as well as the ways in which governments can assist and enhance that contribution. This is of particular concern given the trauma suffered by East Asian economies in the wake of the financial and economic crisis of 1997-98. Faced with the need to restructure and reform their economies and thereby achieve a firm foundation for future sustainable growth, many East Asian countries actively pursued SME growth, focusing on the encouragement of entrepreneurialism in the private sector. Drawing on the insights of a wide range of SME experts, the book provides a broad coverage of important aspects of SMEs, including: the contribution of micro-enterprises to economic recovery and poverty alleviation measurement and evaluation issues managing knowledge development ethical values in SMEs the internationalisation process entry mode decisions in export markets technological sourcing and use of the Internet. Presenting a contemporary analysis of SME developments in East Asia, both academics and policymakers will find Sustaining Growth and Performance in East Asia of great interest.

SMEs in Asian Developing Countries

SMEs in Asian Developing Countries PDF Author: Tulus Tahi Hamonangan Tambunan
Publisher: Springer
ISBN: 0230250947
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
Analyzing the development of small and medium enterprises (SMEs) in Asian developing countries, the book is based on a survey of key literature and data on SMEs with the focus on; recent development, export performance, main constraints, competitiveness, innovation and technology transfer, and female entrepreneurs.

Globalisation and SMEs in East Asia

Globalisation and SMEs in East Asia PDF Author: Charles Harvie
Publisher: Edward Elgar Publishing
ISBN:
Category : Financial crises
Languages : en
Pages : 350

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Book Description
In this book, a distinguished group of contributors discuss the role of SMEs in the globalization of the East Asian economies, and assess how the financial crises has impacted on them. The contributors focus on key aspects of SMEs in the region.

The Rise of Asian Firms

The Rise of Asian Firms PDF Author: T. Chan
Publisher: Springer
ISBN: 1137407719
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
Asian economies have become a driving force in the world economy, so are the Asian firms, especially those from emerging markets. This book presents a collection of articles that address the strengths and strategies of the rising Asian firms in the process of internationalization and the challenges they face.

SME Internationalization Strategies

SME Internationalization Strategies PDF Author: Noémie Dominguez
Publisher: John Wiley & Sons
ISBN: 1786301539
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
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.

Innovation Spaces in Asia

Innovation Spaces in Asia PDF Author: Maureen McKelvey
Publisher: Edward Elgar Publishing
ISBN: 1783475684
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
Innovation Spaces in Asia provides insight into how and why Asia is poised to impact global innovation. Asia is undergoing rapid developments in markets, sources of technology and user preferences. A key characteristic of the book is the rich empirical

SMEs and Economic Integration in Southeast Asia

SMEs and Economic Integration in Southeast Asia PDF Author: Cassey Lee
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 981481878X
Category : Business & Economics
Languages : en
Pages : 660

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Book Description
Small and medium-sized enterprises (SMEs) account for about 97–99 per cent of total enterprises and 60–80 per cent of total employment in ASEAN countries. The participation of SMEs is thus crucial for achieving greater regional economic integration amongst ASEAN countries. SMEs are, however, often constrained by many disadvantages that limit their abilities to become importers and exporters. This is well documented in the research literature on trade and firm size. This volume contains selected ASEAN country studies on the participation of SMEs in regional economic integration based on primary microdata. This is supplemented by empirical studies on the role played by East Asian multinational enterprises in the region. "The editors and authors of SMEs and Economic Integration in Southeast Asia are to be congratulated for this major contribution to the scholarly and policy literature on a subject of much public discussion but limited analytical research. The emphasis on economic integration highlights the importance of these firms in Southeast Asia’s growing regional and global engagement. The thirteen chapters, by leading authors in the field, comprise both insightful country analyses and careful examination of the links between SMEs and foreign investment." Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, Australian National University

Asian Trade and Investment in Europe

Asian Trade and Investment in Europe PDF Author: Prana Krishna Biswas
Publisher: Routledge
ISBN: 1000580059
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
This book provides deep insight into the flow of foreign direct investment from Asia to Europe. It assesses the topic of trade and investment from the reverse direction, considering Asian countries as the capital investors in the EU countries. Each chapter analyses either the international trade or investment of one or more Asian countries in correlation with one or more European states. The book analyses a significant number of countries, which are included in various economic associations, such as the Visegrad Group, the Three Seas Initiative, the European Free Trade Association, or are states from the same geopolitical region – for instance, the Iberian Peninsula, Baltic States, and Nordic countries. It examines Indian outward foreign direct investment trends in the UK before and after Brexit, based on select case studies, to emphasize the impact of Brexit, as well as to encourage trade and investment among Asian and European countries before and during COVID-19, to highlight the influence of the pandemic on the target country’s economy. The authors use a variety of analytical methods in the book, such as numerical presentations, econometric analysis, descriptive statistical analysis, an examination of time-series dynamics, the modelling of functions, and semi-structured interviews with company executives. The regional perspectives bring new and useful insights to the topic, and the case study approach allows for a wider exploration of the research questions as well as their theoretical evolution. The book provides a "big picture" for economists, researchers, business analysts, and PhD students of economics, international trade, and business.

Key Success Factors of SME Internationalisation

Key Success Factors of SME Internationalisation PDF Author: Noémie Dominguez
Publisher: Emerald Group Publishing
ISBN: 1787542785
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
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.