IDEAS home Printed from https://ideas.repec.org/a/ibn/ijbmjn/v13y2017i1p266.html
   My bibliography  Save this article

Determinants of International Competitiveness of SMEs in a Developing Economy: Evidence from Bangladesh

Author

Listed:
  • Md Nur Alam Siddik

Abstract

While small and medium-sized enterprises (SMEs) are playing a vital role in the development process of countries, there is lack of studies examining the issue of international competitiveness of SMEs. Therefore this study fills this gap. The objective of this paper is to identify and explain determinants of international competitiveness of SMEs from developing economies, Bangladesh. Primary data from a sample of 130 SMEs in agriculture and agro-processed goods-oriented industries in Bangladesh were analysed using logistic model to empirically identify the determinants of SMEs international competitiveness. Results suggest that the access to finance, entrepreneurial factors, government policies, technological factors and number of countries to export are significant determinants of exports of SMEs. Findings of this study are of greater importance to the SMEs and policymakers of developing economies like Bangladesh, because on the one side, using findings of this study, managers of SMEs can run their organizations in a manner to compete with their counterparts throughout the world. On the hand concerned policy makers can use these findings to undertake conducive polices to foster export business of SMEs which ultimately will lead to the acceleration of the economic growth of the country.

Suggested Citation

  • Md Nur Alam Siddik, 2017. "Determinants of International Competitiveness of SMEs in a Developing Economy: Evidence from Bangladesh," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(1), pages 266-266, December.
    • Handle: RePEc:ibn:ijbmjn:v:13:y:2017:i:1:p:266
    as

    Download full text from publisher

    File URL: http://www.ccsenet.org/journal/index.php/ijbm/article/download/72531/39704
    Download Restriction: no
    File URL: http://www.ccsenet.org/journal/index.php/ijbm/article/view/72531
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Casanova Lourdes, 2004. "East Asian, European, and North American Multinational Firm Strategies in Latin America," Business and Politics, De Gruyter, vol. 6(1), pages 1-40, May.
    2. Jay B. Barney, 1996. "The Resource-Based Theory of the Firm," Organization Science, INFORMS, vol. 7(5), pages 469-469, October.
    3. Bradley A. George & Louis Marino, 2011. "The Epistemology of Entrepreneurial Orientation: Conceptual Formation, Modeling, and Operationalization," Entrepreneurship Theory and Practice, , vol. 35(5), pages 989-1024, September.
    4. S Tamer Cavusgil & Gary Knight, 2015. "The born global firm: An entrepreneurial and capabilities perspective on early and rapid internationalization," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 46(1), pages 3-16, January.
    5. Dunning, John H. & Lundan, Sarianna M., 1998. "The geographical sources of competitiveness of multinational enterprises: an econometric analysis," International Business Review, Elsevier, vol. 7(2), pages 115-133, April.
    6. Casanova, Lourdes, 2004. "East Asian, European, and North American Multinational Firm Strategies in Latin America," Business and Politics, Cambridge University Press, vol. 6(1), pages 1-38, April.
    7. Elif Akben-Selcuk, 2016. "Factors Affecting Firm Competitiveness: Evidence from an Emerging Market," IJFS, MDPI, vol. 4(2), pages 1-10, May.
    8. Scott L. Newbert, 2008. "Value, rareness, competitive advantage, and performance: a conceptual‐level empirical investigation of the resource‐based view of the firm," Strategic Management Journal, Wiley Blackwell, vol. 29(7), pages 745-768, July.
    9. Man, Thomas W. Y. & Lau, Theresa & Chan, K. F., 2002. "The competitiveness of small and medium enterprises: A conceptualization with focus on entrepreneurial competencies," Journal of Business Venturing, Elsevier, vol. 17(2), pages 123-142, March.
    10. Cho, Dong-Sung & Moon, Hwy-Chang & Kim, Min-Young, 2008. "Characterizing international competitiveness in international business research: A MASI approach to national competitiveness," Research in International Business and Finance, Elsevier, vol. 22(2), pages 175-192, June.
    11. Fahy, John, 2002. "A resource-based analysis of sustainable competitive advantage in a global environment," International Business Review, Elsevier, vol. 11(1), pages 57-77, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adomako, Samuel & Amankwah-Amoah, Joseph & Donbesuur, Francis & Ahsan, Mujtaba & Danso, Albert & Uddin, Moshfique, 2022. "Strategic agility of SMEs in emerging economies: Antecedents, consequences and boundary conditions," International Business Review, Elsevier, vol. 31(6).
    2. Peña-Vinces, Jesús, 2009. "Comparative Analysis Of Competitiveness On The Peruvian And Chilean Economies From A Global View," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 14(27), pages 87-105.
    3. Alexander Libman & Evgeny Vinokurov, 2011. "Is it really different? Patterns of regionalisation in post-Soviet Central Asia," Post-Communist Economies, Taylor & Francis Journals, vol. 23(4), pages 469-492, June.
    4. Ali Sher & Saman Mazhar & Azhar Abbas & Muhammad Amjed Iqbal & Xiangmei Li, 2019. "Linking Entrepreneurial Skills and Opportunity Recognition with Improved Food Distribution in the Context of the CPEC: A Case of Pakistan," Sustainability, MDPI, vol. 11(7), pages 1-22, March.
    5. Shathees Baskaran & Rohaida Basiruddin & Siti Zaleha Abdul Rasid & Haliyana Khalid & Tan Sui Hong, 2018. "Resource and Time Availability: An Imperious Stimulus for Entrepreneurial Orientation?," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 8(2), pages 244-261, February.
    6. repec:idb:brikps:373 is not listed on IDEAS
    7. Zahoor, Nadia & Al-Tabbaa, Omar, 2021. "Post-entry internationalization speed of SMEs: The role of relational mechanisms and foreign market knowledge," International Business Review, Elsevier, vol. 30(1).
    8. Muhammad Jawad Iqbal & Hafiz Muhammad Usman Khizar, 2022. "The Epistemology of Entrepreneurial Responsible Orientation (ERO): Theory, Conceptualization, and Future Research," SAGE Open, , vol. 12(2), pages 21582440221, April.
    9. Farhad Uddin Ahmed & Louis Brennan, 2019. "Performance determinants of early internationalizing firms: The role of international entrepreneurial orientation," Journal of International Entrepreneurship, Springer, vol. 17(3), pages 389-424, September.
    10. Francisco Antunes & Leandro F. Pereira & Álvaro L. Dias & Rui Vinhas Silva, 2023. "Flexible labour policies as competitive advantage," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(4), pages 563-590, December.
    11. Zhelyu Vladimirov, 2021. "Mediating Role of Innovations as a Factor of Firm’s Competitiveness," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 407-429, September.
    12. Charmaine Glavas & Shane Mathews & Constanza Bianchi, 2017. "International opportunity recognition as a critical component for leveraging Internet capabilities and international market performance [Reconocimiento de oportunidad internacional como un componen," Journal of International Entrepreneurship, Springer, vol. 15(1), pages 1-35, March.
    13. Zhang, Yucheng & Hou, Zhongwei & Yang, Feifei & Yang, Miles M. & Wang, Zhiling, 2021. "Discovering the evolution of resource-based theory: Science mapping based on bibliometric analysis," Journal of Business Research, Elsevier, vol. 137(C), pages 500-516.
    14. Martin, Silvia L. & Javalgi, Rajshekhar G. & Cavusgil, Erin, 2017. "Marketing capabilities, positional advantage, and performance of born global firms: Contingent effect of ambidextrous innovation," International Business Review, Elsevier, vol. 26(3), pages 527-543.
    15. Marina Dabić & Jane Maley & Leo-Paul Dana & Ivan Novak & Massimiliano M. Pellegrini & Andrea Caputo, 2020. "Pathways of SME internationalization: a bibliometric and systematic review," Small Business Economics, Springer, vol. 55(3), pages 705-725, October.
    16. John A. Parnell, 2017. "Cronyism from the Perspective of the Firm: A Cross-National Assessment of Nonmarket Strategy," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 32(Fall 2017), pages 47-74.
    17. Shaheer, Noman Ahmed & Li, Sali, 2020. "The CAGE around cyberspace? How digital innovations internationalize in a virtual world," Journal of Business Venturing, Elsevier, vol. 35(1).
    18. Thomas Lans & Wim Hulsink & Herman Baert & Martin Mulder, 2008. "Entrepreneurship Education And Training In A Small Business Context: Insights From The Competence-Based Approach," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 16(04), pages 363-383.
    19. Heira Georgina Valdez-Bocanegra & Gonzalo Maldonado-Guzmán & Carmen Castrejón-Mata, 2020. "The Entrepreneurial Orientation and its Impact on Competitiveness and Growth: Empirical Evidence in the State of Aguascalientes in Mexico," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 10(3), pages 1-6.
    20. Sandberg, Susanne & Sui, Sui & Baum, Matthias, 2019. "Effects of prior market experiences and firm-specific resources on developed economy SMEs' export exit from emerging markets: Complementary or compensatory?," Journal of Business Research, Elsevier, vol. 98(C), pages 489-502.
    21. Zhang, Feng & Jiang, Guohua & Cantwell, John A., 2015. "Subsidiary exploration and the innovative performance of large multinational corporations," International Business Review, Elsevier, vol. 24(2), pages 224-234.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ijbmjn:v:13:y:2017:i:1:p:266. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.