Entrepreneurial Orientation and Global Mindset

Author(s)

Ishaq Ahmad Dar and Mahesh Chandra Joshi

Affiliations

Lovely Professional University, Punjab

Abstract

Purpose: The study aims to examine the impact of Entrepreneurial Orientation and Global Mindset as determinants of Internationalization in Small and Medium sized Enterprises; and discusses implications to guide SMEs Owners/ Management in their efforts to successfully internationalize businesses.

Design/Methodology/Approach: A survey was carried out on 200 SMEs located in India, which were involved in international business.

Findings: Entrepreneurial Orientation and Global Mindset impact positively on Interna- tionalization, both Entrepreneurial Orientation and Global Mindset are found as determinants of Internationalization for SMEs in India.

Research Limitations: Data collection was done at a single point of time. Therefore, effect of changes over time was not allowed. Data was collected from SMEs located in northern India only.

Practical Implications: The positive impact of Entrepreneurial Orientation and Global Mindset on internationalization of SMEs would suggest that Owners/Management of Indian SMEs should focus on Entrepreneurial Orientation and Global Mindset within their organizations. As they act determining factors for Internationalization of SMEs devising favorable strategies can lead a successful Internationalization.

Originality/Value: Studies focused on Internationalization of SMEs have been done primarily in the context of developed economies. SMEs have a significant contribution in emerging economies, but business practices of SMEs in these economies have not been studied extensively. This study extends the literature concerning determinants of Internationalization in an important emerging economy such as India.

Keywords

Entrepreneurial Orientation, Global Mindset, India, Internationalization, Small and Medium-sized Enterprises.

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