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Promoting Clusters and Networks for Small and Medium Enterprises to Economic Development in the Globalization Era

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  • Sara Foghani
  • Batiah Mahadi
  • Rosmini Omar

Abstract

This research attempts to explore the importance of cluster-based systems in preparation for small and medium enterprises (SMEs) to go global, and it is an ongoing research. The findings of this research are aimed at providing insights to policy makers, academicians, and practitioners with the objective of creating initiatives, strategies, and policies, which reflect the primary aim of supporting SMEs in managing global challenges. SMEs that are cluster-based have the potential to facilitate the successful inclusion of SMEs in the growth of productivity and networks of global distribution. Most Asian developing countries are in the dark when it comes to this matter. The main purpose of this study is to investigate the relations between the capabilities of the networks and clusters in developing SMEs’ preparedness in facing business players in the global arena. This study’s scope includes specific Asian developing countries. Even though the issue of clusters in SMEs has been well researched in developed countries, such empirical studies are still lacking in the Asian region despite its prevalent collectivism practice. In the concluding analysis, the study intends to develop a model emphasizing the cluster-based industrial SMEs toward globalization.

Suggested Citation

  • Sara Foghani & Batiah Mahadi & Rosmini Omar, 2017. "Promoting Clusters and Networks for Small and Medium Enterprises to Economic Development in the Globalization Era," SAGE Open, , vol. 7(1), pages 21582440176, March.
    • Handle: RePEc:sae:sagope:v:7:y:2017:i:1:p:2158244017697152
    DOI: 10.1177/2158244017697152
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    References listed on IDEAS

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    Cited by:

    1. Suo Lu, 2020. "The Influence of Allocating the Residual Value of MSMEs’ Cluster on the Growth of MSMEs and the Cluster Based on the Theory of Structural Hole," International Business Research, Canadian Center of Science and Education, vol. 13(11), pages 1-54, November.
    2. Mahmoud Barakat & Jialin Snow Wu & Nicoleta Tipi, 2023. "Empowering Clusters: How Dynamic Capabilities Drive Sustainable Supply Chain Clusters in Egypt," Sustainability, MDPI, vol. 15(24), pages 1-21, December.
    3. Frank Ranganai Matenda & Mabutho Sibanda & Eriyoti Chikodza & Victor Gumbo, 2022. "Bankruptcy prediction for private firms in developing economies: a scoping review and guidance for future research," Management Review Quarterly, Springer, vol. 72(4), pages 927-966, December.
    4. Amina Ika Micah, 2022. "Three essays on access to credit and financial shock in Nigeria," Economics PhD Theses 0422, Department of Economics, University of Sussex Business School.
    5. Zhongqi Deng & Yu Zhang & Ao Yu, 2020. "The New Economy in China: An Intercity Comparison," SAGE Open, , vol. 10(4), pages 21582440209, December.
    6. Telma Mendes & Carina Silva & Alexandra Braga, 2023. "Dancing with Giants: A Unified Framework for Cooperation Networks, Speed of Internationalisation, and Performance," Sustainability, MDPI, vol. 15(3), pages 1-32, January.
    7. Wei Gao & Lin Wang & Jingdong Yan & Yanxiong Wu & Sadik Yusuf Musse, 2021. "Fostering Workplace Innovation through CSR and Authentic Leadership: Evidence from SME Sector," Sustainability, MDPI, vol. 13(10), pages 1-16, May.
    8. Aleksey V. Bogoviz & Elena V. Ioda & Yulia V. Ioda & Valentina B. Kuranova & V.V. Bobrova, 2017. "Cluster Development of Innovational Entrepreneurship: New Possibilities and Priorities in the Conditions of the Innovational Economy Creation," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 530-538.
    9. Obianuju E Okeke-Uzodike & Mogie Subban, 2019. "Cluster initiative management: A potential for African women entrepreneurs in the informal sector," Local Economy, London South Bank University, vol. 34(5), pages 421-438, August.

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