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Analyzing International Readiness of Small and Medium-Sized Enterprises

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  • Mohammad Reza Hamidizadeh
  • Maryam Zargaranyazd

Abstract

Internationalization has different connotations for different social sciences and its social, economic and cultural impacts have been examined by a number of studies. While firms' internationalization processes have been understood as being dynamic, the concept of international readiness has rarely been the main focus of research efforts, which until a decade ago, focused principally on explaining sequences of entry modes and choices of markets. The emergence of the study of international entrepreneurship has enhanced the role of readiness. This study reviews the concept of international readiness by experimental and theoretical studies. Axioms in this research are based on content analysis. The framework incorporates measures to evaluate SMEs' international readiness. The paper concludes with a research agenda as a guide for future work on considering the readiness as a critical phase before the internationalization process.

Suggested Citation

  • Mohammad Reza Hamidizadeh & Maryam Zargaranyazd, 2014. "Analyzing International Readiness of Small and Medium-Sized Enterprises," Central European Business Review, Prague University of Economics and Business, vol. 2014(4), pages 43-48.
    • Handle: RePEc:prg:jnlcbr:v:2014:y:2014:i:4:id:102:p:43-48
    DOI: 10.18267/j.cebr.102
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    References listed on IDEAS

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    1. Leonidas C Leonidou & Constatine S Katsikeas, 1996. "The Export Development Process: An Integrative Review of Empirical Models," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 27(3), pages 517-551, September.
    2. Harry J. Sapienza & Ken G. Smith & Martin J. Gannon, 1988. "Using Subjective Evaluations of Organizational Performance in Small Business Research," Entrepreneurship Theory and Practice, , vol. 12(3), pages 45-54, January.
    3. Knight, Gary A., 2001. "Entrepreneurship and strategy in the international SME," Journal of International Management, Elsevier, vol. 7(3), pages 155-171.
    4. Stan D Reid, 1981. "The Decision-Maker and Export Entry and Expansion," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 12(2), pages 101-112, June.
    5. Peter W Liesch & Gary A Knight, 1999. "Information Internalization and Hurdle Rates in Small and Medium Enterprise Internationalization," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 30(2), pages 383-394, June.
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    Cited by:

    1. Ardito Bhinadi & Ardithama Sumarli, 2019. "The Readiness of Business Practitioners in Special District of Yogyakarta in Facing the Operation of New Yogyakarta International Airport 2019," International Journal of Economics and Financial Issues, Econjournals, vol. 9(5), pages 90-93.

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    More about this item

    Keywords

    internationalization; international readiness; international motives; small and medium-sized enterprises;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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