The Importance Of Financing Smes In Oman - Government Intervention Dissertation

The Importance Of Financing Smes In Oman - Government Intervention - Dissertation Example It is so because the business environment in Oman is different from that of the western countries. Hence, to examine this argument, this research study focuses on the internationalisation approaches followed by the Small and Medium-sized Enterprises (SMEs) in Oman. The decision makers of four SMEs in Oman have been interviewed in this research study. The collected data from the interviews and other secondary researches have been analysed using two approaches namely, within case analysis and cross case analysis. The findings obtained from this research study has been compared with the relevant literature on internationalisation process that exists like the theoretical framework of international new ventures (INVs) and the Uppsala School's internationalisation process model (U-model). The findings of this research study suggest that the internationalisation behaviours of SMEs in Oman are not completely different from that of the firms in the western countries. The INVs framework and th e U-model cannot explain the internationalisation process of SMEs in Oman on its own. However both these models have explained the internationalisation patterns in different ways. ... 2.3.2Factors Responsible for Internationalisation by SMEs 22 2.4Internationalisation Procedures by SMEs 26 2.4.1The U-model 26 2.4.2INVs Framework 27 2.5Conclusion 28 CHAPTER 3: Research Methodology 28 2.6Introduction 28 2.7Types of Research 29 2.7.1Qualitative Methodology 29 2.7.2Case Study Research 30 2.7.3Semi-structured Interviews 30 2.8Sources of Data 31 2.9Research Design and Tools 33 2.9.1Construct Validity 33 2.9.2Internal Validity 34 2.9.3External Validity 34 2.9.4Reliability 36 2.10Conclusion 39 3.CHAPTER 4: Findings and Results 39 3.1Introduction 39 3.2Summary of Data 40 3.3Company Backgrounds 40 3.3.1Company A 40 3.3.2Company B 41 3.3.3Company C 42 3.3.4Company D 43 3.4Within Case Analysis 44 3.4.1Company A 45 3.4.2Company B 47 3.4.3Company C 48 3.4.4Company D 49 3.5Cross Case Analysis 50 3.5.1Motives for Internationalisation 50 3.5.2Factors Leading to Internationalisation 51 3.5.3Intensity of Internationalisation 52 3.5.4Resource Base Orientation 52 3.5.5Mechanism of Red ucing Uncertainty 53 3.6Propositions 53 3.7Conclusion 55 4.CHAPTER 5: Conclusion 55 4.1Introduction 55 4.2Conclusions 56 5.CHAPTER 6: Recommendations, Limitations and Scope for Future Study 58 5.1Introduction 58 5.2Limitations and Recommendations 58 5.3Future Scope of the Study 59 References 61 Bibliography 67 Appendices 68 Appendix – 1 (Interview Schedule) 68 1. CHAPTER 1: Introduction There has been an extensive study on the internationalisation process followed by different organisations worldwide. However, the internationalisation process followed by small and medium sized enterprises (SMEs) has not received such extensive attention in the 21st century (Forsman, Hinttu, & Kock, n.d.). Market globalization also has a significant impact on these SMEs (Asiedu, & Freeman, 2006, p.2). With