Abstract
Small and medium enterprises (SMEs) including microenterprises help in fostering growth, employment and income in the country. In recent years, SMEs have performed well and they are critical about the economic transformation as they form the domestic source of growth and bedrock of private sector activities. SMEs are also important in stimulating innovation and act as stabilizers of growth during an economic slowdown. Since they are important to the economic growth, they should be brought up towards internationalization. However, in order to accomplish this, the SMEs need institutional supporters such as Majlis Amanah Rakyat (MARA), Tabung Ekonomi Kumpulan Usaha Niaga (TEKUN), Perbadanan Usahawan Nasional Berhad (PUNB), etc. This paper is aimed towards drawing attention to SMEs that intend to embark on internationalizing their businesses. This paper also intends to encourage SMEs to assist the government to attain its envisioned objectives towards SMEs plan (2011–2020) by upgrading and promoting SME businesses to embark on a new business environment.
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