ArticleOpen Access http://dx.doi.org/10.26855/jhass.2024.09.014
Barriers Faced by SMEs on Exportation and Future Research Agenda
Ruping Zhang*, Duc Ngo Minh
Hainan Vocational University of Science and Technology, Haikou 571126, Hainan, China.
*Corresponding author: Ruping Zhang
Published: October 10, 2024
Abstract
This paper summarises and reviews studies on the barriers to export for small and medium-sized enterprises (SMEs) over the past decade. It concludes that the current barriers can be categorized into two main dimensions: internal and external barriers. Internal barriers include information barriers, human resource barriers, financial barriers, and market barriers. External barriers, which are factors beyond the control of the firms, encompass procedural barriers, competitive barriers, governmental barriers, and macroeconomic barriers. Further research has identified six prominent challenges that SMEs face in exporting. Among these, a lack of understanding of potential market information is the most significant issue. Additionally, some scholars have examined the factors specific to different countries. Therefore, while there are studies that have identified the internal barriers that SMEs should prioritize, they must also consider the unique circumstances of their respective countries and regions.
Keyword
SME; Exportation; Internal barriers; External barriers
References
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Copyright
© 2024 by the author(s).
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives (CC BY-NC-ND) license, which permits non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited and is not modified or adapted.
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How to cite this paper
Barriers Faced by SMEs on Exportation and Future Research Agenda
How to cite this paper: Ruping Zhang, Duc Ngo Minh. (2024) Barriers Faced by SMEs on Exportation and Future Research Agenda. Journal of Humanities, Arts and Social Science, 8(9), 2113-2117.
DOI: http://dx.doi.org/10.26855/jhass.2024.09.014