International Business Competences for Internationalized Malaysia Small and Medium Enterprises (iMSMEs)
Zalina Ibrahim 1,
Firdaus Abdullah 1,2,
and
Azman Ismail 1,2
1.
Universiti Teknologi MARA (UiTM) Sarawak, Kota Samarahan, Sarawak, Malaysia
2. Universiti Kebangsaan Malaysia (UKM), Selangor, Malaysia
2. Universiti Kebangsaan Malaysia (UKM), Selangor, Malaysia
Abstract— Small and Medium Enterprises (SMEs) have played a major role in helping with the economic growth for many countries. In the globalized world nowadays, SMEs need to move forward to compete with other firms. Firms that possess the right competences are found to perform better at international markets. Studies on competences of the Malaysian SMEs that have done business abroad are very limited, therefore this research identifies international business competences (IBC) practiced by internationalized Malaysian SMEs (iMSMEs). Through Exploratory Factor Analysis (EFA) and Factor Confirmatory Factor Analysis (CFA) using LISREL, competences were run against international business performance to reveal the best framework for iMSMEs to follow. The findings reveal five IBC for iMSMEs that may be applied to help increase the performance of iMSMEs
Index Terms—international business competences, Malaysia, performance, SMEs, performance
Cite: Zalina Ibrahim, Firdaus Abdullah, and Azman Ismail, "International Business Competences for Internationalized Malaysia Small and Medium Enterprises (iMSMEs)," Journal of Advanced Management Science, Vol. 9, No. 4, pp. 96-100, December 2021. doi: 10.18178/joams.9.4.96-100
Index Terms—international business competences, Malaysia, performance, SMEs, performance
Cite: Zalina Ibrahim, Firdaus Abdullah, and Azman Ismail, "International Business Competences for Internationalized Malaysia Small and Medium Enterprises (iMSMEs)," Journal of Advanced Management Science, Vol. 9, No. 4, pp. 96-100, December 2021. doi: 10.18178/joams.9.4.96-100