Abstract
MSMEs play a significant role in supporting the country's economy as they account for 60.5% of GDP. MSMEs confront a number of difficulties related to financing, supply, and market demand that need to be given more consideration in order to support their entry into the global market. The purpose of this study is to examine how government involvement, technology advancement, human capital investment, and entrepreneurial orientation affect MSMEs (micro, small, and medium-sized firms) in Indonesia and their internationalization strategies. This study uses a quantitative approach with data collection techniques using a Likert scale questionnaire. Then descriptive analysis and Partial Least Squares (PLS) are used to analyze the data. The study's findings show that technical change significantly affects MSMEs' internationalization strategies; in contrast, entrepreneurial orientation, investments in human capital, and the role of the government are not as significant in this regard. However, this research offers stakeholders improved guidance for bolstering MSMEs' success and expansion in global markets, as well as for widening the gap in the global MSME market to promote Indonesia's sustainable economic growth.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
