Hussain, Sayed Mushtaq (2006): Cultural Constraints In Leading Malaysian SMEs To Global Markets. Published in: Proceedings of The 2nd National Conference On Entrepreneurship And Small Business, Penang (9. December 2006)
Download (211kB) | Preview
Abstract: Small and Medium Enterprises (SMEs) play an important role in the economic development of many countries. SMEs are also dominant in the Malaysian economy. Their contribution to the national economy, however, remains modest in terms of value added and exports. During the last 2-3 decades, the process of globalization has gained momentum. Malaysia has embraced globalization with open arms and benefited in terms of foreign trade and investment. Along with trade and investment opportunities, globalization has brought challenges of competition, technological change and new business environment to local producers. Given their size and structure, the SMEs in Malaysia are particularly affected by these challenges. To make further progress, the SMEs need to become more dynamic and enter global markets. This requires enhanced competitiveness, entrepreneurship and innovation capacity on the part of SMEs. This paper argues that, among other things, some aspects of the national culture act as constraints in leading the SMEs to the global markets. The paper makes recommendations to overcome these constraints.
|Item Type:||MPRA Paper|
|Original Title:||Cultural Constraints In Leading Malaysian SMEs To Global Markets|
|Keywords:||SMEs, competitiveness, national culture, globalization|
|Subjects:||M - Business Administration and Business Economics; Marketing; Accounting > M1 - Business Administration|
|Depositing User:||Sayed Hussain|
|Date Deposited:||11. Aug 2012 12:05|
|Last Modified:||12. Feb 2013 16:53|
1. Abdullah, Moha Asri (2000). ‘Small and Medium Enterprises in Malaysia: Issues and Challenges in New Millennium. Asian Small Business Review. 3(1). 45-63.
2. Ab Latif, Abdul Aziz, Mohamad Khan Jamal Khan, Moha Asri Abdullah and Juhary Ali (2000). ‘Support System for Small and Medium Entrepreneurs in Malaysia’. Asian Small Business Review 3(1), 167-180.
3. Burns, Pane (2005). Corporate Entrepreneurship: Building an Entrepreneurial Organization. Basingstoke : Palgrave Macmillan.
4. Canada-National Forum on Entrepreneurship (1989). Proceedings of the Forum on Entrepreneurship held in Quebec City on June 20-21, 1989.
5. Carrier, Camille (1999). ‘The Training and Development Needs of Owner/Managers of Small Business with Export Potential’. Journal of Small Business Management 37(4), 31-41.
6. De Wit, Bob and Ron Meyer (2004. Strategy-Process, Content, Context, an International Perspective. Thomson Learning, London. Pages 37-44.
7. Dart, Jac, Ignace Ng. and Asit Sarkar (1998). ‘Comparing the Managerial Practices of SMEs from Malaysia, Singapore and Thailand’. Proceeding of International Conference on Small and Medium Scale Enterprises held at University Utara Malaysia, Sintok.
8. Gray, Colin and Christopher Mabey (2005). ‘Management Development-Key Differences between Small and Large Business in Europe’. International Small Business Journal 23(5). 467-485.
9. Hashim, Mohd Khairuddin (2005). Small and Medium-Sized Enterprises in Malaysia: Challenges in the New Economy (Ed.). University Utara Malaysia, Sintok, Kedah (Malaysia).
10. Hashim, Mohd Khairuddin (2006). Business Practices in Malaysia and Medium-Sized Enteprises (Ed). University Utara Malaysia Press, Sintok.
11. Hashim, Mohd Khairuddin (2006). The SME Handbook (draft). University Utara Malaysia. Pages 21-33.
12. Hashim, Mohd Khairuddin and Syed Azizi Wafa (2002). Small and Medium Sized Enterprises in Malaysia – Development Issues. Pearson Malaysia Sdn Bhd. Pages 41-60.
13. Hodgetts, Richard M. and Fred Luthans (2000). International Management-Culture, Strategy and Behaviour. Irwin McGraw Hill. Pages 106-134.
14. Hudgetts, Richard M. and Donal F. Kuratko (2001). Effective Small Business Management, (7th Edition) Hartcourt College Publishers. Pages 51-79.
15. Hussain, Sayed Mushtaq ( 2004). Globalization and Firm Competitiveness – Selected Case Studies of local Exporting Companies in Malaysia. Paper presented at the 8th South Asian Management Forum- Developing Synergies: Facing Management Challenges Together. Lahore, Pakistan, 28 November-1st December 2004.
16. Longenecker, Justin G. Carol W. Moore and J. William Petty. Small Business Management – An Entrepreneurial Emphasis (11th edition). South-Western College Publishing. Pages 27-47.
17. Malaysia, Government. Ninth Malaysia Five Year Plan, 2006-2010.
18. Martins, E.C. and F. Terbanche (2003). Building Organizational Culture that Stimulates Creativity and Innovation. European Journal of Innovation Management. Vol. 6 (1), 64-74.
19. Stoica, Michael and Minet Schindeheute (1999). Understanding Adaptation in Small Firms: Links to Culture and Performance. Journal of Development Entrepreneurship. Vol. (1), 1-18