Furthermore, obtaining sales outside their own domestic market is a goal of many small and medium-sized enterprises (SMEs) and their governments (Economic Development Board, 1993).This thesis will be concentrated on the process of internationalization of SMEs, and especially the barriers of internationalization and motivations for export activities.In chapter 4, I will investigate the opportunities and barriers to internationalization.In the final chapter, conclusions will be drawn and the problem statement will be answered.Disclaimer: This essay has been submitted by a student.This is not an example of the work written by our professional essay writers.Meanwhile small- and medium-sized companies (SMEs) have been believed to be significant in supporting economics improvement within a country (Mazzarol, Volery, Doss, and Thein, 1999).For example, in the Netherlands, SMEs account 98.8% of all private-sector companies, contribute 31.6% to Gross Domestic Product (GDP), and employ 55% of the total workforce (EIM Business & Policy Research, 1999).
These keywords were used separately and in combinations with each other.In the remaining chapters the structure will be as follows: Chapter 2 shall review and analyze some of the definitions of small and medium enterprises and their characteristics, referring research question Q1.Chapter 3 will examine the theories and the process of internationalization.Secondly, more literature, articles and statistical data were found from the internet. Finally, to determine the quality of the literature, it is important to look at the number of citations from other high quality journal included in this literature.
Another way to determine if literature is trustworthy is by looking at the references.
In the modern world economy, business transactions can be conducted within the same city, the same country, or even between two countries.