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The Role of Financial Literature of SMEs in the Internationalization of Export Products Achmad Mamduh; Imam Mukhlis; Danardana Murwani
Eduvest - Journal of Universal Studies Vol. 2 No. 5 (2022): Journal Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1777.288 KB) | DOI: 10.59188/eduvest.v2i5.437

Abstract

This research is a literature study on financial literacy and the internationalization of SMEs. This study aims to discuss the role of SME financial literacy in the internationalization of export products. The research method used in this study is a qualitative descriptive method. The type of data used in this research is qualitative data, which is categorized into two types, namely primary data and secondary data. Sources of data obtained through library research techniques (library study) which refers to sources available both online and offline such as: scientific journals, books and news sourced from trusted sources. The results of the study conclude that the role of SME financial literacy in the internationalization of export products is very important. Financial literacy is one of the important knowledge resources that increase the capacity, skills and expertise of individuals and companies to use technology effectively. Important aspects to consider in the internationalization of SMEs include entrepreneurship, finance and technology, SME resources, routines within the company, entrepreneurial knowledge and actions. All these aspects, especially financial literacy, are important to be considered by SMEs that will become Global SMEs and when assessing opportunities in foreign markets in export products.
Entrepreneurial Orientation and Internationalization of SME’s: A Scoping Review Hamdana Hamdana; Danardana Murwani; Imam Mukhlis
Eduvest - Journal of Universal Studies Vol. 2 No. 5 (2022): Journal Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (2444.768 KB) | DOI: 10.59188/eduvest.v2i5.444

Abstract

The purpose of this scoping review is to verify the evidence that is already available regarding the entrepreneurial orientation and internationalization of SMEs. Researchers used the model from Arskey and O'Malley to perform the scoping review method and the PRISMA flowchart to identify the literature found. Researchers found 13 relevant articles related to entrepreneurial orientation and the internationalization of SMEs. Risk-taking, inventiveness, and proactiveness are all important components of an entrepreneurial mindset, and they are all important contributors to effective internationalization. This shows that an entrepreneurial orientation is needed by SMEs to move towards internationalization.