The Perceived Export Barriers of Micro, Small, and Medium Enterprises: An Analysis from Lesotho-Based Manufacturing Enterprises

Mokhethi, Motšelisi C.

doi:10.18639/merj.2019.824657

Cited by 3 publications

(6 citation statements)

References 32 publications

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“…FIN1 is about Lack of financial resources to conduct market research in overseas markets. This finding is also similar to the research that has been conducted by Mokhethi (2019) as has been mentioned before, where financial constraints is the biggest barriers to do exporting in Lesotho's MSMEs.…”

Section: Analysis and Resultssupporting

confidence: 90%

“…FIN3 statement is about high cost of capital to finance exports. This result has similar findings with Mokhethi (2019) where financial constraints is the highest reason why export activities in Lesotho's MSMEs is minimal. After that, MK5 with the mean value of 4.02 is the second highest average answer on the indicators that becomes the barriers to export in Garut leather tannery industry.…”

Section: Analysis and Resultssupporting

confidence: 85%

“…Many years later another study was done in Lesotho by Mokhethi (2019) where the objective of the study was to determine the barriers of exporting from MSMEs in Lesotho. The method that was used in this study was to study seven out of ten industrial areas in the country where the enterprises were engaged in manufacturing and they were given questionnaire to complete.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The result of this study was that there are three barriers that constrains the firms in Lesotho to do exporting such as international constraints, distribution constraints and financial constraints. These contraints are among the few that made Lesotho-based firms have minimal participation in the international market despite the significant number of enterprises [8].…”

Section: Literature Reviewmentioning

confidence: 99%

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A Study of Export Barrier in Garut Leather Tannery Industry

Permatasari¹,

Dellyana²

2023

ijcsrr

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The economic development of a country currently cannot be separated from the condition of global economy. Economic relations between country is an influencing factor for the development of both country involved. Therefore, export activity of an industry is very important for the development of a country’s economy. Based on data obtained through the Ministry of Trade of the Republic of Indonesia, export distribution in the form of footwear is 86%, leather finished goods are 13%, and leather is 1%. According to these data, it can be seen that the contribution of the leather tanning industry which is included in Leather Goods is very small in the total export distribution of leather. Meanwhile, by carrying out export activities, the leather industry will benefitted because it will open access to new customers who will have the potential to increase revenue and long-term growth. The data for this research was collected through 52 factory owners in this industry. After the data has been collected, an exploratory factor analysis was conducted to see how many factors become the barrier of exporting in Garut leather tannery industry. The result of this research is there are three factors that become the barrier to do export in Garut leather tannery industry, namely functional, international and governmental barriers. Meanwhile the result of descriptive analysis shows that Garut leather tannery industry perceive high cost of capital to finance exports, difficulties in organizing promotional activities abroad, and lack of financial resources to conduct market research in overseas markets as the barrier to do export activities. The findings suggest that the government should support both the knowledge and infrastructure regarding export for all the business owners in Garut leather tannery industry, meanwhile the business owners should also be active in searching for business opportunities in international market. For future studies, it was suggested to consider management’s entrepreneurship capabilities as a factor that can hinder exports.

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Section: Analysis and Resultssupporting

confidence: 90%

Section: Analysis and Resultssupporting

confidence: 85%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 2 more Smart Citations

A Study of Export Barrier in Garut Leather Tannery Industry

Permatasari¹,

Dellyana²

2023

ijcsrr

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“…Studies show that jobs created in the manufacturing sector result in a positive contribution to a country's economy and subsequently contribute to significant poverty reduction (Mokhethi, 2019). Sub-Saharan countries are now beginning to include strategies dedicated to the development of the manufacturing sector in their national strategies (Shibia, 2023).…”

Section: Introductionmentioning

confidence: 99%

Institutional and individual factors enabling the growth of Lesotho’s MSMEs in the manufacturing sector

Makara,

Benedict,

Booysen

2023

IJBES

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As a means of seeking more effective ways to curb the unemployment levels in Sub-Saharan countries, governments are beginning to include the development of the manufacturing sector in their country's strategies, and Lesotho is not an exception. This paper aims to determine the role of various institutional and individual factors which when present and collaborating in an entrepreneurial ecosystem can contribute to the successful growth of MSMEs operating in the manufacturing sector. This paper is also aimed at developing a conceptual framework suitable for the growth of these MSMEs in Lesotho by linking concepts of industrial and entrepreneurial ecosystems. This study utilised a qualitative exploratory research approach and data were collected using semi-structured interviews. In total, 12 candidates from government, financial, and educational institutions as well as the media were interviewed. Data were analysed using thematic analysis. The main findings of the study demonstrate that a suitable ecosystem for MSMEs in the manufacturing sector in a country such as Lesotho should consist of policies and regulations that support and encourage financial institutions to assist MSMEs. Government regulated media institutions disseminate regular information relating to existing policies, regulations, and opportunities and educational institutions provide adequate skills and knowledge to enhance an individual’s entrepreneurial alertness, creativity, and innovativeness. An inclusive ecosystem for MSMEs in the manufacturing sector in Lesotho should also involve the collaboration of MSMEs with larger firms and the establishment of independent regulated quality assurance institutions to assure the quality of products and increase customer confidence.

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KOBİ’lerin İhracat Engelleri: Bartın İli Örneği

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et al. 2021

Bartın Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi

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Ülkelerin ekonomik büyüme sağlayabilmelerinin en önemli araçlarından biri ihracattır. İhracat hem büyük firmalar hem de KOBİ'ler için pazar paylarını ve gelirlerini arttırabilmelerine imkân veren gelişim stratejilerinden biridir. Büyük işletmeler sahip oldukları kurumsal yapı sayesinde ihracat süreçlerini kolaylıkla gerçekleştirirken KOBİ'ler ihracat süreçlerinde çok farklı sorunlarla karşılaşabilmektedirler. Bu çalışma, Bartın ilinde faaliyet gösteren KOBİ'lerin algılanan ihracat engellerini tespit etmek ve bu engellere yönelik öneriler getirmeyi amaçlamaktadır. Bu çalışma, nitel araştırma yöntemlerinden yarı yapılandırılmış mülakat tekniği kullanılarak Bartın ilinde faaliyet gösteren 10 işletme ve 4 kamu kurumuyla gerçekleştirilmiştir. Araştırma sonucunda KOBİ'lerin algıladıkları iç ihracat engelleri insan kaynağı yetersizliği, pazar araştırmasının gerçekleştirilmemesi ve lojistik maliyetlerinin yüksek oluşu, dış ihracat engelleri, döviz dalgalanmaları ve Bartın ilinin konumu olarak tespit edilmiştir.

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The Perceived Export Barriers of Micro, Small, and Medium Enterprises: An Analysis from Lesotho-Based Manufacturing Enterprises

Cited by 3 publications

References 32 publications

A Study of Export Barrier in Garut Leather Tannery Industry

A Study of Export Barrier in Garut Leather Tannery Industry

Institutional and individual factors enabling the growth of Lesotho’s MSMEs in the manufacturing sector

KOBİ’lerin İhracat Engelleri: Bartın İli Örneği

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