Factors Influencing Smes' Internationalisation And Their Effect On Performance

Abstract

The goal of this research was to identify the factors that affect Indian SMEs' capacity to break into foreign markets. Successful internationalisation requires an awareness of the factors that encourage small and medium-sized enterprises to expand abroad, as well as how these factors relate to the internationalisation of larger corporations. This study looks into what factors affect the internationalisation of small and medium-sized enterprises  in India. This research suggests that the entrepreneur's global mindset, human capital, technological prowess, and the external environment all play a role in the extent to which SMEs go global. The results indicate that Indian SMEs' internationalisation is mostly determined by their entrepreneurial mindset and their willingness to invest in their employees' human capital. Our analysis of the data shows that these associations are attenuated by technological uncertainty and market similarity, two factors that are prevalent among Indian SMEs.