IDEAS home Printed from https://ideas.repec.org/a/pes/ierequ/v17y2022i1p173-190.html
   My bibliography  Save this article

Export risk perceptions of SMEs in selected Visegrad countries

Author

Listed:
  • Aleksandr Kljuènikov

    (University of Entrepreneurship and Law, Czechia)

  • Mehmet Civelek

    (University of Entrepreneurship and Law, Czechia)

  • Cyril Klimeš

    (Mendel University in Brno, Czechia)

  • Radim Farana

    (Mendel University in Brno, Czechia)

Abstract

Research background: Export activities are crucial for SMEs' growth and income since they enable businesses to expand abroad. However, SMEs encounter some export impediments, including legislative, tax-related, and cultural-linguistic differences, which increase their export risk. Moreover, since different legislative, tax-related, and cultural conditions affect SMEs' export activities, SMEs' perceptions regarding export obstacles might also differ. Purpose of the article: This paper aims to determine whether the SMEs' perceptions of export barriers in selected Visegrad countries differ. Methods: The researchers employ a random sampling method to create the research sample and create an Internet-mediated questionnaire to collect the re-search data, including 408 SMEs from the Czech Republic, Slovakia, and Hungary. The researchers ran ANOVA analyses with the Gabriel Post Hoc test to find differences between those SMEs. Findings & value added: The results reveal that the perceptions of Czech and Slovak SMEs differ regarding legislative and tax-related export barriers. On the other hand, the perceptions of SMEs from various countries do not differ concerning cultural-linguistic export barriers. Unfortunately, there is a lack of studies comparing the perceptions of SMEs from Visegrad countries regarding legislative, tax-related, and cultural barriers. Thus, evaluating this topic from an international perspective brings novel findings and fills this research gap. Therefore, policymakers, SMEs, governments, public institutions, and academicians might gain benefits from the results of this unique research.

Suggested Citation

  • Aleksandr Kljuènikov & Mehmet Civelek & Cyril Klimeš & Radim Farana, 2022. "Export risk perceptions of SMEs in selected Visegrad countries," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(1), pages 173-190, March.
    • Handle: RePEc:pes:ierequ:v:17:y:2022:i:1:p:173-190
    DOI: 10.24136/eq.2022.007
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.24136/eq.2022.007
    Download Restriction: no
    File URL: https://libkey.io/10.24136/eq.2022.007?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Aleksandr Kljucnikov & Mehmet Civelek & Vendula Fialova & Andrea Folvarcna, 2021. "Organizational, local, and global innovativeness of family-owned SMEs depending on firm-individual level characteristics: evidence from the Czech Republic," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 16(1), pages 169-184, March.
    2. Jaroslav Belas & Beata Gavurova & Martin Cepel & Matus Kubak, 2020. "Evaluation of economic potential of business environment development by comparing sector differences: perspective of SMEs in Czech Republic and Slovakia," Oeconomia Copernicana, Institute of Economic Research, vol. 11(1), pages 135-159, March.
    3. Beata Gavurova & Miroslava Packova & Maria Misankova & Lubos Smrcka, 2017. "Predictive potential and risks of selected bankruptcy prediction models in the Slovak business environment," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 18(6), pages 1156-1173, November.
    4. Garcia Martinez, Marian & Banados, Felipe, 2004. "Impact of EU organic product certification legislation on Chile organic exports," Food Policy, Elsevier, vol. 29(1), pages 1-14, February.
    5. Beata Gavurova & Jaroslav Belas & Yuriy Bilan & Jakub Horak, 2020. "Study of legislative and administrative obstacles to SMEs business in the Czech Republic and Slovakia," Oeconomia Copernicana, Institute of Economic Research, vol. 11(4), pages 689-719, December.
    6. Andrea Éltető & Beáta Udvari, 2018. "Factors influencing the export of Hungarian SMEs," International Journal of Export Marketing, Inderscience Enterprises Ltd, vol. 2(2), pages 104-124.
    7. Thomas M. Cooney & Amanda Ratcliffe & Jane A.K. Silver, 2009. "Supporting value creation by reducing cultural distance as a barrier to exporting," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 1(2), pages 205-219.
    8. Zuzana Virglerova & Eva Ivanova & Jan Dvorsky & Jaroslav Belas & Tomáš Krulický, 2021. "Selected factors of internationalisation and their impact on the SME perception of the market risk," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 1011-1032, December.
    9. Vijay Narayanan, 2015. "Export Barriers for Small and Medium-sized Enterprises: A Literature Review based on Leonidou’s Model," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 3(2), pages 105-123.
    10. Helga Kristjánsdóttir & Þórhallur Örn Guðlaugsson & Svala Guðmundsdóttir & Gylfi Dalmann Aðalsteinsson, 2017. "Hofstede national culture and international trade," Applied Economics, Taylor & Francis Journals, vol. 49(57), pages 5792-5801, December.
    11. Richard Kneller & Mauro Pisu, 2011. "Barriers to Exporting: What are They and Who do They Matter to?," The World Economy, Wiley Blackwell, vol. 34(6), pages 893-930, June.
    12. Morgan, Robert E. & Katsikeas, Constantine S., 1997. "Obstacles to export initiation and expansion," Omega, Elsevier, vol. 25(6), pages 677-690, December.
    13. Leonidas C. Leonidou, 2004. "An Analysis of the Barriers Hindering Small Business Export Development," Journal of Small Business Management, Taylor & Francis Journals, vol. 42(3), pages 279-302, July.
    14. Mehmet Civelek & Aleksandr Kljucnikov & Vendula Fialova & Andrea Folvarcna & Milan Stoch, 2021. "How innovativeness of family-owned SMEs differ depending on their characteristics?," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 16(2), pages 413-428, June.
    15. Philipp J. H. Schröder & Allan Sørensen, 2014. "A Welfare Ranking of Multilateral Reductions in Real and Tariff Trade Barriers when Firms are Heterogenous," Review of International Economics, Wiley Blackwell, vol. 22(3), pages 423-443, August.
    16. José Pinho & Lurdes Martins, 2010. "Exporting barriers: Insights from Portuguese small- and medium-sized exporters and non-exporters," Journal of International Entrepreneurship, Springer, vol. 8(3), pages 254-272, September.
    17. Zuzana Virglerova & Muhammad Asif Khan & Raimonda Martinkute-Kauliene & Sandor Kovacs, 2020. "The Internationalization of SMEs in Central Europe and Its Impact on Their Methods of Risk Management," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(55), pages 792-792, August.
    18. Tan, Alvin & Brewer, Paul & Liesch, Peter, 2018. "Rigidity in SME export commencement decisions," International Business Review, Elsevier, vol. 27(1), pages 46-55.
    19. Uner, M. Mithat & Kocak, Akin & Cavusgil, Erin & Cavusgil, Salih Tamer, 2013. "Do barriers to export vary for born globals and across stages of internationalization? An empirical inquiry in the emerging market of Turkey," International Business Review, Elsevier, vol. 22(5), pages 800-813.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nestor Shpak & Zoriana Dvulit & Liana Maznyk & Włodzimierz Sroka&# & Andrij Zaverbnyj & Olha Levchenko, 2023. "Optimization of the Export Structure in Transport Companies: A Case Study," Central European Business Review, Prague University of Economics and Business, vol. 2023(1), pages 115-132.
    2. Gul Shah Sabary & Aleksandr Kljuènikov, 2023. "Barriers to immigrant entrepreneurship: A causal relationship analysis of the Asian immigrant entrepreneurs in Germany employing the DEMATEL approach," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 18(2), pages 491-522, June.
    3. Mehmet Civelek & Vladimír Krajèík & Vendula Fialova, 2023. "The impacts of innovative and competitive abilities of SMEs on their different financial risk concerns: System approach," Oeconomia Copernicana, Institute of Economic Research, vol. 14(1), pages 327-354, March.

    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. Civelek Mehmet & Polách Jiří & Švihlíková Ilona & Paták Milan, 2022. "International Differences in the Perceptions of Export Obstacles By SMEs in the Same Firm-Level Characteristics: Evidence from European Countries," Folia Oeconomica Stetinensia, Sciendo, vol. 22(1), pages 18-45, June.
    2. Aleksandra Wąsowska, 2016. "Perception of Export Barriers at Different Stages of the Internatonalizaton Process - Evidence from European SMEs," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 12(4), pages 29-49.
    3. Aleksandr Kljuènikov & Mehmet Civelek & Vladimír Krajèík & Petr Novák & Michal Èervinka, 2022. "Financial performance and bankruptcy concerns of SMEs in their export decision," Oeconomia Copernicana, Institute of Economic Research, vol. 13(3), pages 867-890, September.
    4. Mehmet Civelek & Vladimír Krajèík, 2022. "How do SMEs from different countries perceive export impediments depending on their firm-level characteristics? System approach," Oeconomia Copernicana, Institute of Economic Research, vol. 13(1), pages 55-78, March.
    5. Vijay Narayanan, 2015. "Export Barriers for Small and Medium-sized Enterprises: A Literature Review based on Leonidou’s Model," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 3(2), pages 105-123.
    6. Jonas Eduardsen & Svetla Marinova & Leonidas C. Leonidou & Paul Christodoulides, 2023. "Organizational Influences and Performance Impact of Cross-Border E-Commerce Barriers: The Moderating Role of Home Country Digital Infrastructure and Foreign Market Internet Penetration," Management International Review, Springer, vol. 63(3), pages 433-467, June.
    7. Cebreros Alfonso, 2016. "The Rewards of Self-Discovery: Learning and Firm Exporter Dynamics," Working Papers 2016-08, Banco de México.
    8. Beata Gavurova & Sylvia Jencova & Radovan Bacik & Marta Miskufova & Stanislav Letkovsky, 2022. "Artificial intelligence in predicting the bankruptcy of non-financial corporations," Oeconomia Copernicana, Institute of Economic Research, vol. 13(4), pages 1215-1251, December.
    9. Kahiya, Eldrede T., 2018. "Five decades of research on export barriers: Review and future directions," International Business Review, Elsevier, vol. 27(6), pages 1172-1188.
    10. Ankur Roy & Chandra Sekhar & Vishal Vyas, 2016. "Barriers to internationalization: A study of small and medium enterprises in India," Journal of International Entrepreneurship, Springer, vol. 14(4), pages 513-538, December.
    11. Jan Dvorsky & Ludmila Kozubikova & Aleksandr Kljucnikov & Eva Ivanova, 2022. "Owners vs. Managers. Disparities of Attitudes on the Business Risk in SME Segment," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(59), pages 174-174.
    12. Andrea Kolková & Aleksandr Kljuènikov, 2021. "Demand forecasting: an alternative approach based on technical indicator Pbands," Oeconomia Copernicana, Institute of Economic Research, vol. 12(4), pages 1063-1094, December.
    13. Andrea Éltető, 2017. "Export as a form of SME-internationalisation after the crisis – experiences of three European regions," IWE Working Papers 228, Institute for World Economics - Centre for Economic and Regional Studies.
    14. Monika Burghauserová & Zuzana Rowland & Lenka Novotná, 2022. "Production function in agriculture in the Czech Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 10(1), pages 453-466, September.
    15. Cahen, Fernanda Ribeiro & Lahiri, Somnath & Borini, Felipe Mendes, 2016. "Managerial perceptions of barriers to internationalization: An examination of Brazil's new technology-based firms," Journal of Business Research, Elsevier, vol. 69(6), pages 1973-1979.
    16. Aksel Erbahar, 2019. "Market knowledge: Evidence from importers," The World Economy, Wiley Blackwell, vol. 42(4), pages 1110-1151, April.
    17. Škare, Marinko & Blanco-Gonzalez-Tejero, Cristina & Crecente, Fernando & del Val, Maria Teresa, 2022. "Scientometric analysis on entrepreneurial skills - creativity, communication, leadership: How strong is the association?," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    18. Gul Shah Sabary & Aleksandr Kljuènikov, 2023. "Barriers to immigrant entrepreneurship: A causal relationship analysis of the Asian immigrant entrepreneurs in Germany employing the DEMATEL approach," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 18(2), pages 491-522, June.
    19. Michal Karas & Mária Režòáková, 2023. "A novel approach to estimating the debt capacity of European SMEs," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 18(2), pages 551-581, June.
    20. Child, John & Karmowska, Joanna & Shenkar, Oded, 2022. "The role of context in SME internationalization – A review," Journal of World Business, Elsevier, vol. 57(1).

    More about this item

    Keywords

    export risk; legislative differences; tax-related differences; cultural-linguistic differences; Visegrad countries;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

    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:pes:ierequ:v:17:y:2022:i:1:p:173-190. 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: Adam P. Balcerzak (email available below). General contact details of provider: https://edirc.repec.org/data/ibgtopl.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.