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Building Blocks for Chinese SMEs to Enter the Global Market: The Roles of Upstream Knowledge and Downstream Channel Infrastructure

Year: 2011

Type: article

Abstract: Small and medium enterprises (SMEs) are the most important economic components in China’s economy- in thatthey account for 98.9 percent of the total number of businesses and 65.6 percent of China’ s industrial outputvalue. Chinese SMEs have forestalled rapid expansion into global markets due to the constraints of language,culture, and logistics. This paper examines Chinese SMEs limitations in addressing these constraints. Threecontingency strategies (niche market strategy, strategic networking and e-commerce) are proffered to assistChina’s SMEs to more fully compete and succeed in their international efforts.

Source: International Journal of Business and Management

DOI: 10.5539/ijbm.v6n7p77

Authors: Yong Cao, Daniel Hartung, Edward Forrest, Zhengping Shen

Institution: University of Alaska Anchorage

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: hybrid

Funder: National Natural Science Foundation of China