A Review On The Determinants Of Export Performance In The External And Internal Environments Of Small And Medium Manufacturing Enterprises
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Abstract
The importance of exports contribution to economic growth should not be neglected. Exports offer businesses the opportunity to tap into new markets around the world and achieve exponential profit growth. Small and medium manufacturing enterprises represent most manufactures and are key contributors to job creation. This literature review aims to examine the main factors that influence factories’ ability to export and compare the perception of export barriers of exporting and non-exporting factories of similar size and compare the external factors that affect export performance either negatively or positively in both developed and developing countries. In addition, the study presents the manufacturing technologies in which manufacturers make huge investments. This review article will help key stakeholders make informed decisions to create an empowering environment and be aware of the main factors that affect their ability to export, and ultimately enable small and medium manufacturing enterprises to reach their target markets and facilitate their export journey and overcome obstacles.