An Dilemmas for SMEs Establishment on an International Basis

Abstract

The study aims to give a theoretical framework for the internationalization of SMEs, and efforts are being made to identify the factors that influence the state of SMEs internationally in Pakistan. For the establishment of State Internationalization, the Evidence-Based Study is utilized to determine the suspects facing SMEs. This article uses the Systematic Literature Review (SLR) method to analyze the previous frameworks and propose a new theoretical and conceptual framework. The literature on firms’ globalization is primarily based on research from all of South Asia and other countries. Study findings show that SMEs from Pakistan are focusing on traditional samples and are still unable to gain a significant share in international markets but are losing their shares in international markets. With the appearance of financial integration, SMEs are moving beyond borders and gaining market share in overseas markets. SMEs earn more profit by selling products in the international markets and contribute significantly to Pakistan’s economic growth. This framework identifies potential factors which affect the performance of Pakistan-owned-family SMEs in international markets. The SMEs require to revise their processes strategies and also operations to reach the approach for the desired level of market share in the international markets.