Announcing: Singh, Amarjeet and John Walsh, “Integration of the Mekong–Ganga Region: An Identification of Determinants Related to Small & Medium Enterprise Start Ups by Indian Entrepreneurs in Bangkok,” paper presented at International Colloquium on Business and Management, Bangkok (January 26th-28th, 2010).
Small and Medium-Sized Enterprises (SMEs) are the real backbone of the Thai economy. However, the implementation of government policies aimed at promoting and creating small scale industries does not necessarily guarantee success. Operations have to be successful, too. Success in operating a small scale business is dependent on various factors which entrepreneurs have to consider before starting-up, such as managerial experience, education, sufficient capital, proper location, choice of business and business conditions. Since increasing numbers of business executives and entrepreneurs have been exposed to international business and entrepreneurs are usually the key actors in the recognition, exploration and exploitation of new opportunities and an improved understanding of the circumstances surrounding new venture foundation is necessary. Thailand has a similar culture to India in some respects but a higher level of development, available seaports, access to the entire Mekong region as well as other Asia Pacific countries and many other factors that generate better opportunities for penetration by Indian SMEs entrepreneurs in the Thai market. The research in this paper has the following objectives: (1) To identify key factors having significant effect on business start-ups in Bangkok by Indian SMEs entrepreneurs; (2) To identify the factors affecting entrepreneurs’ intention to internationalize.
The full paper should be available at the conference website.