STRATEGIES FOR SMALL AND MEDIUM
ENTERPRISE INTERNATIONALIZATION
AND BARRIERS OF
INTERNATIONALIZATION AND EXPORT
PERFORMANCE OF LOCAL AGRICULTURAL
BUSINESSES IN NIGERIA
Internationalization
Abstract
Internationalization is an effective strategy that enables the small and medium
enterprises (SMEs) across the world. Entering the international market enables the
SMEs to tap the larger customer base and increase the profitability. However, for
operating in the international market successfully, the businesses need to have
innovative strategies and advanced infrastructure. The SMEs often lack adequate
resources and innovative ideas and so, these organizations fail to operate in the
international market successfully. The agricultural SMEs in Nigeria face intense
competition in the domestic market. So, the organizations are focusing on entering the
international market. In the current research, survey is conducted among the
professionals who are involved to the agricultural businesses. The findings of survey,
after thematic analysis of the responses, indicate that the lack of knowledge, financial
resources, innovative ideas and advanced technology are the key barriers to
internationalization. Operating in the international market would be easier if the
businesses invest in e-commerce technology and market research.
, Acknowledgement
I would like to express my special thanks of gratitude to my teacher who gave me the
golden opportunity to do this wonderful project on the topic, STRATEGIES FOR SMALL
AND MEDIUM ENTERPRISE INTERNATIONALIZATION AND BARRIERS OF
INTERNATIONALIZATION AND EXPORT PERFORMANCE OF LOCAL
AGRICULTURAL BUSINESSES IN NIGERIA, which also helped me in doing a lot of
Research and I came to know about so many new things I am really thankful.
Contents
Abstract
Acknowledgement
Chapter
1.Introduction
1.1 Aim and Objectives of the Research
1.2ResearchQuestion
1.3Outline of the Research
1.4LiteratureReview
1.5Methodology
1.7 Barriers of Internationalization and Export Performance of Local Agricultural Businesses
in Nigeria
1.8Conclusion
Chapter 2: Literature Review
2.1 Introduction to The Nigerian Agribusiness industry.
2.2 Internationalization and its benefitsSMEs
,2.3 Barriers of SMEsInternationalization
2.4Needforinternationalization
2.5Conceptualframework
2.6OrganizationReadiness
2.7Conclusion.
Chapter 3: Research Methodology.
3.1Introduction.
3.2ResearchObjectives
3.3ResearchQuestion
3.4ResearchMethod
3.5ResearchDesign
3.6ResearchApproach
3.7ResearchPhilosophy
3.8SamplingTechnique
3.9DataCollectionTechnique
3.10DataEvaluationTechnique
3.11EthicalConsideration
3.12Validityandreliability
3.13Limitationofstudy
, CHAPTER 4:
DATA ANALYSIS
4.1Introduction
4.2PresentationofData
4.3Analysis
4.4Conclusion
Chapter 5: Conclusion
5.1Introduction.
5.2LinkingtoObjectives.
5.3Recommendations
5.4ChapterSummary.
Appendix 1: Survey Questionnaire and Responses
Chapter 1: Introduction
1. Introduction
Small and medium-sized enterprises are some of the most effective sources of growth
for advanced industrialized countries and for emerging countries alike. The underlying
growth prospects in such kinds of enterprises are huge compared to large organization.
SMEs have gained recognition over time with their own characteristics (Dimitratos et al.,
ENTERPRISE INTERNATIONALIZATION
AND BARRIERS OF
INTERNATIONALIZATION AND EXPORT
PERFORMANCE OF LOCAL AGRICULTURAL
BUSINESSES IN NIGERIA
Internationalization
Abstract
Internationalization is an effective strategy that enables the small and medium
enterprises (SMEs) across the world. Entering the international market enables the
SMEs to tap the larger customer base and increase the profitability. However, for
operating in the international market successfully, the businesses need to have
innovative strategies and advanced infrastructure. The SMEs often lack adequate
resources and innovative ideas and so, these organizations fail to operate in the
international market successfully. The agricultural SMEs in Nigeria face intense
competition in the domestic market. So, the organizations are focusing on entering the
international market. In the current research, survey is conducted among the
professionals who are involved to the agricultural businesses. The findings of survey,
after thematic analysis of the responses, indicate that the lack of knowledge, financial
resources, innovative ideas and advanced technology are the key barriers to
internationalization. Operating in the international market would be easier if the
businesses invest in e-commerce technology and market research.
, Acknowledgement
I would like to express my special thanks of gratitude to my teacher who gave me the
golden opportunity to do this wonderful project on the topic, STRATEGIES FOR SMALL
AND MEDIUM ENTERPRISE INTERNATIONALIZATION AND BARRIERS OF
INTERNATIONALIZATION AND EXPORT PERFORMANCE OF LOCAL
AGRICULTURAL BUSINESSES IN NIGERIA, which also helped me in doing a lot of
Research and I came to know about so many new things I am really thankful.
Contents
Abstract
Acknowledgement
Chapter
1.Introduction
1.1 Aim and Objectives of the Research
1.2ResearchQuestion
1.3Outline of the Research
1.4LiteratureReview
1.5Methodology
1.7 Barriers of Internationalization and Export Performance of Local Agricultural Businesses
in Nigeria
1.8Conclusion
Chapter 2: Literature Review
2.1 Introduction to The Nigerian Agribusiness industry.
2.2 Internationalization and its benefitsSMEs
,2.3 Barriers of SMEsInternationalization
2.4Needforinternationalization
2.5Conceptualframework
2.6OrganizationReadiness
2.7Conclusion.
Chapter 3: Research Methodology.
3.1Introduction.
3.2ResearchObjectives
3.3ResearchQuestion
3.4ResearchMethod
3.5ResearchDesign
3.6ResearchApproach
3.7ResearchPhilosophy
3.8SamplingTechnique
3.9DataCollectionTechnique
3.10DataEvaluationTechnique
3.11EthicalConsideration
3.12Validityandreliability
3.13Limitationofstudy
, CHAPTER 4:
DATA ANALYSIS
4.1Introduction
4.2PresentationofData
4.3Analysis
4.4Conclusion
Chapter 5: Conclusion
5.1Introduction.
5.2LinkingtoObjectives.
5.3Recommendations
5.4ChapterSummary.
Appendix 1: Survey Questionnaire and Responses
Chapter 1: Introduction
1. Introduction
Small and medium-sized enterprises are some of the most effective sources of growth
for advanced industrialized countries and for emerging countries alike. The underlying
growth prospects in such kinds of enterprises are huge compared to large organization.
SMEs have gained recognition over time with their own characteristics (Dimitratos et al.,
