Internationalization of small and medium enterprises in Indian business incubators

Abstract

The purpose of this paper is to study whether business incubation can contribute to the Small and Medium Enterprises (SME) internationalization. As the main objective of BI is to increase the survival of new firms, to achieve this goal they need to support them in foreign trade for their rational growth and development which will make them to succeed in their contribution of entrepreneurship development. In this globalized environment, it is becoming necessary to do business worldwide especially, to protect the firms from resource adequacy. In this study, we analysed few empirical research related to SME internationalization with a perspective to identify the available antecedents and outcomes which would make the enterprises beneficial as well as to become sustainable in the market. While, many past studies have measured the services of incubation with various factors like network, social capital, firm’s performance, funding, human resource, etc., there are very few studies that has looked into the process of internationalization of incubated firms. Hence, there is a need for review of literature in this context, to find out the consequences of BI towards internationalization and the survival of the SMEs, which is its ultimate goal. It is also useful for the researchers to build a framework with respect to the measurement of business incubation internationalization process. Finally, this review fills the existing gap in the field of internationalization of SME under business incubation.