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Internationalisation of SMEs: Challenges and Remedies

Gift Mugano
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Gift Mugano: Durban University of Technology

Chapter Chapter 9 in SMEs Perspective in Africa, 2024, pp 193-210 from Springer

Abstract: Abstract Evidence shows that although SMEs from the African continent face several challenges as a result of the forces of globalisation, the increased need for internationalisation has been considered as a driver of competitive advantage and international performance of SMEs (Mutalemwa, 2015). As argued by Doole and Lowe (2008), globally SMEs have used internationalisation as a growth strategy as well as a vehicle to build resilience and sustainability. International strategies which are regularly used by SMEs with notable successes inter alia include licencing, exportation, and joint venture businesses (Guili, 2018).

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-69103-4_9

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DOI: 10.1007/978-3-031-69103-4_9

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