• Login
    View Item 
    •   NM-AIST Home
    • Business Studies and Humanities
    • Research Articles [BUSH]
    • View Item
    •   NM-AIST Home
    • Business Studies and Humanities
    • Research Articles [BUSH]
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Internationalization of Small and Medium Enterprises from Arusha Tanzania: Market Information, Financial Resourc es and Product Quality Setbacks

    Thumbnail
    View/Open
    Research Article (572.4Kb)
    Date
    2018-05-29
    Author
    Pasape, Liliane
    Metadata
    Show full item record
    Abstract
    The small and medium enterprises (SMEs) are key players towards reviving the economy and livelihood development in Tanzania, yet their involvement in international business is still unsatisfactory. This study therefore assessed the three major setbacks for industrialization of Arusha’s SMEs namely as information, finance and quality. A cross-section research design was conducted using questionnaires. Through non-probability sampling, 50 respondents were stratified selected from SMEs owners, employees, business development support organizations and regulators. Data was analysed using descriptive statistics and logit model. The findings on the existing business environment revealed that: majority of the SMEs involve women (68%) dealing with handcraft and tailoring, with less than five years of business experience. Moreover, the major identified information setbacks are low access to information source, use of irrelevancy market information, use of in effective medium of communication and high cost of the information. Besides, other financial related setbacks are limited sources of capital, lack of collateral, poor credibility history and high transaction cost. On quality setbacks include selling semi processed products, poor finished product and packaging materials as well insufficient processing machinery. Thus for SMEs internationalization the following recommendations are established: improving accessibility and affordability of relevant market information; designing various financial products at reasonable lending rates, strengthening entrepreneurial skills and formalization of enterprises; enhancing availability of processing machinery and packaging materials for improving product quality and competitiveness as well as avoiding selling of semi processed products . Above all, the government, regulators, private sector organizations and other key players along the value chain must play their respective relevant role towards supporting SMEs.
    URI
    2374-5924
    http://dspace.nm-aist.ac.tz/handle/123456789/319
    Collections
    • Research Articles [BUSH]

    Nelson Mandela-AIST copyright © 2021  DuraSpace
    Theme by 
    Atmire NV
     

     

    Browse

    All PublicationsCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Nelson Mandela-AIST copyright © 2021  DuraSpace
    Theme by 
    Atmire NV