Factors Barring the Internationalization of Small and Medium Enterprises

The internationalization of small and medium enterprises (SMEs) has been growing worldwide over the past decade. For the internationalization of SMEs, a suitable function must be found to manage and control export operations. Undoubtedly, the initial goals of the SME management teams are that the capabilities of the management team and the characteristics of the company level are sufficient for internationalization to ensure the growth and profitability of the company. Looking at small and medium-sized enterprises, it is clear that some are looking for opportunities to expand in the international arena, while others are not. As a result of the theoretical researches, it has been seen that SMEs generally open up to international markets in order to increase their market share, increase their profitability and gain new customers. Lack of working capital, lack of information, lack of qualified personnel are among the main obstacles.