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Halal International New Ventures (INVs) as a special case of SMEs internationalization

Mohd Osman, Mohd Hassan and Roudini, Azizallah and Heidarzadagan, Alireza (2014) Halal International New Ventures (INVs) as a special case of SMEs internationalization. In: International SME Conference (ISMEC 2014), 18 to 19 August 2014, Kuala Lumpur.

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Abstract

With the globalization of business, Internationalization of SMEs has become an essential requirement for competing in global markets. Globalization created a new and dynamic world economy and the “International New Ventures” (INVs) phenomenon as especial cases of SMEs internationalization.However, very little is known about INVs and their significant role of them in international business performance.In addition, the literature is depicted few investigations in Malaysian international new ventures from the perspective of SMEs internationalization.Therefore, the general objective of this study is to introduce Halal International New Ventures (INVs) and the effective role of them in Malaysian international business performance as SMEs internationalization. To achieve the objectives of the study is made possible through discussion on the conceptualization and definition of INVs, history and the globalization of Halal, Halal SMEs internationalization and serious challenges that are faced in international markets.The study is concluded that Halal INVs can have the significant role in achieving the national goals as SMEs internationalization.Consequently, it is also given an instruction to the managers of INVs through supplying valuable perceptions into how they can deal with dynamic global marketplaces. Vision and strategy are provided to the policy makers in planning to overcome the shortages of developing exports.

Item Type: Conference or Workshop Item (Paper)
Additional Information: ISBN: 978-983-42220-4-8 Organised by: School of Economics, Finance and Banking, Universiti Utara Malaysia
Uncontrolled Keywords: Globalization; Internationalization; International performance; Halal SMEs internationalization; International New Ventures (INVs)
Subjects: H Social Sciences > HB Economic Theory
Divisions: School of Economics, Finance & Banking
Depositing User: Mrs. Norazmilah Yaakub
Date Deposited: 13 Oct 2015 02:13
Last Modified: 18 Apr 2016 03:17
URI: https://repo.uum.edu.my/id/eprint/15709

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