Academic Journal

Selected factors of internationalisation and their impact on the SME perception of the market risk

التفاصيل البيبلوغرافية
العنوان: Selected factors of internationalisation and their impact on the SME perception of the market risk
المؤلفون: Virglerová, Zuzana, Ivanová, Eva, Dvorský, Ján, Belás, Jaroslav, Krulický, Tomáš
المصدر: Oeconomia Copernicana
بيانات النشر: Inst Badan Gospodarczych
سنة النشر: 2021
المجموعة: Tomas Bata University Zlin: TBU publications / Univerzita Tomáše Bati ve Zlíně
مصطلحات موضوعية: internationalisation, market risk, small and medium-sized enterprises, the Visegrad Four
الوصف: Research background: Internationalisation of entrepreneurial activities provides an ample opportunity for the growth and sustainability of small and medium-sized enterprises (SMEs). When making their business activities international, SMEs are facing various obstacles. Investigating the key factors of internationalisation and their impact on SME decision making constitutes a key factor of the research work. Purpose of the article: The main purpose of the paper is to examine the impact of selected factors of SME internationalisation on the positive perception of the market risk. Higher export costs. differences in legal environment, taxes. and linguistic and cultural differences were set to be the significant factors influencing the positive perception of the market risk. Bearing the main purpose in mind, the Visegrad Four (V4-Czech Republic, Slovakia, Poland, Hungary) were examined. Methods: The questionnaire in mother tongue of each country in online and paper form was used. The questionnaire consists of 77 questions divided into several sections. Likert five-point scale was used to allow the respondents to express their opinion. In total. 1585 responses were completed. A regression analysis was used to verify the statistical significance of the independent variables and to quantify the causal relationships (determining the direction and strength of the effect) on the dependent variable. As the variables are of one metric, a linear regression model (I,RM) was selected to validate the hypothesis. Findings & value added: The internationalisation of SME activities brings along many risks and barriers that SMEs need to overcome if they want to enter international markets. Many SMEs consider the barriers and restrictions to enter foreign markets to be severe. Therefore, they decide to do their business domestically. It was established in the research that only 30.2% of the respondents expanded their business activities internationally. The biggest impact on the positive assessment of the market risk was found to ...
نوع الوثيقة: article in journal/newspaper
اللغة: English
Relation: http://economic-research.pl/Journals/index.php/oc/article/view/1938; Oeconomia Copernicana; http://publikace.k.utb.cz/handle/10563/1010780
الاتاحة: http://publikace.k.utb.cz/handle/10563/1010780
Rights: Attribution 4.0 International ; https://creativecommons.org/licenses/by/4.0/ ; openAccess
رقم الانضمام: edsbas.C3D631F8
قاعدة البيانات: BASE