Version 1
: Received: 20 July 2023 / Approved: 21 July 2023 / Online: 21 July 2023 (11:05:59 CEST)
How to cite:
Sudibyo, N. A.; Najb, M.; Andrianto, M. S.; Alimovich, E.; Marhadi, M.; Boros, A. The Rise of ASEAN SMEs: How to Successfully Enter the Global Market. Preprints2023, 2023071505. https://doi.org/10.20944/preprints202307.1505.v1
Sudibyo, N. A.; Najb, M.; Andrianto, M. S.; Alimovich, E.; Marhadi, M.; Boros, A. The Rise of ASEAN SMEs: How to Successfully Enter the Global Market. Preprints 2023, 2023071505. https://doi.org/10.20944/preprints202307.1505.v1
Sudibyo, N. A.; Najb, M.; Andrianto, M. S.; Alimovich, E.; Marhadi, M.; Boros, A. The Rise of ASEAN SMEs: How to Successfully Enter the Global Market. Preprints2023, 2023071505. https://doi.org/10.20944/preprints202307.1505.v1
APA Style
Sudibyo, N. A., Najb, M., Andrianto, M. S., Alimovich, E., Marhadi, M., & Boros, A. (2023). The Rise of ASEAN SMEs: How to Successfully Enter the Global Market. Preprints. https://doi.org/10.20944/preprints202307.1505.v1
Chicago/Turabian Style
Sudibyo, N. A., Marhadi Marhadi and Anita Boros. 2023 "The Rise of ASEAN SMEs: How to Successfully Enter the Global Market" Preprints. https://doi.org/10.20944/preprints202307.1505.v1
Abstract
The aims of this paper are 1) to explore the type of industry of SMEs that can survive for more than 5 years in ASEAN, and 2) to analyze the success factors of SMEs in ASEAN to be able to survive for more than 5 years. This paper employs a qualitative method, with a literature review and meta-analysis. From 2007 to 2017, data was extracted from Google Scholar, Emerald Insight, Sage Pub, and EBSCO databases. There are 14 factors that influence the success of SMEs in the main sectors, 20 factors in the manufacturing sectors, and 14 factors in the service sectors, depending on the type of industry. For instance: eCommerce, technology, and social media, international oriented, good management system, government support, working condition /environment, skill and competency labour/owner, market penetration/selection, policy, organizational performance, and characteristics, networking with government /supplier / customer, networking with government /supplier /customer, planned /strategy (business /market /operational /organizational). The findings of this literature review reveal several important factors that are critical to the success of SMEs in competing with other industries and can be developed for a longer period.
Keywords
SME competitiveness; SMEs successful indicators; meta-analysis; SMEs ASEAN; global market strategy.
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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