Original Research

An exposition of resource capabilities for SMEs in the emerging markets

Ritam Garg, Kalyan K De
South African Journal of Economic and Management Sciences | Vol 17, No 3 | a431 | DOI: https://doi.org/10.4102/sajems.v17i3.431 | © 2014 Ritam Garg, Kalyan K De | This work is licensed under CC Attribution 4.0
Submitted: 22 August 2012 | Published: 29 May 2014

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Ritam Garg, Thapar University, India
Kalyan K De, Thapar University, India

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Abstract

Emerging markets’ small and medium sized enterprises (SMEs), despite having enormous growth potential and significance in the economy, have not been able to harness the advantages of internationalisation and subsequently have fallen short in facing the challenges of globalised competition. The purpose of this study was to review and explore the importance of the resource capabilities, building on the literature from the resource based view (RBV), (core) competency and dynamic capabilities theory, as the main rationale behind their significance in the SME internationalisation. This study intends to provide conceptual clarity about the resource capabilities and their importance in providing the SMEs in the emerging economies, the competitive edge to sustain themselves in today’s business environment. The study concludes with an agenda for future research.



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