An Investigation of the Barriers Faced by SME Exporters in Sri Lanka: with Special Reference to Manufacturing Sector

dc.contributor.authorWijerathne, J.M.D.S.
dc.contributor.authorPerera, M.P.S.R.
dc.contributor.authorJayarathna, R.M.G.S.
dc.date.accessioned2021-12-21T09:37:26Z
dc.date.available2021-12-21T09:37:26Z
dc.date.issued2016
dc.description.abstractThe export sector of a country plays an important role in promoting economic growth and development. Each and every nation uses Small and Medium Enterprises (SMEs) as a strategic tool to develop their export sector. The barriers existing in the export market hamper the maximum contribution of SMEs to the development of export sector. This study involved an investigation on the export barriers faced by SMEs in the Sri Lankan export market with special reference to manufacturing sector. The main purpose of this study is to identify major export barriers faced by SME exporters in the Sri Lankan export market. Further, this study attempts to identify the top ten barriers fall under the major export barriers. This study was quantitative in nature and personally administered questionnaire was used to gather data. Parametric tests of ANOVA, Test of Equality of Measure, Test of Homogeneity, Robust Test of Equality, Games Howell Test of Equality were performed to achieve the objectives of the study. In line with the literature, this study found that financial barriers, governmental barriers and economic barriers as the major export barriers while high cost of capital to finance exports, lack of government incentives, lack of new technology, complexity of export documentation procedure, lack of financing sources, high tariff and nontariff barriers, currency fluctuations, lack of competitive prices to foreign customers, high insurance cost and inadequate institutional support as the top ten export barriers fall the major export barriers faced by SME exporters in the Sri Lankan export market. The findings of the study might be useful to policy makers in formulating suitable export assistance programs for SMEs. Keywords: Small and Medium enterprises, Internationalization, Export barriersen_US
dc.identifier.isbn9789550481095
dc.identifier.urihttp://www.erepo.lib.uwu.ac.lk/bitstream/handle/123456789/8101/144-20~1.pdf?sequence=1&isAllowed=y
dc.language.isoenen_US
dc.publisherUva Wellassa University of Sri Lankaen_US
dc.subjectEnterprisesen_US
dc.subjectEntrepreneurshipen_US
dc.subjectManagementen_US
dc.subjectMarketingen_US
dc.subjectCommerce and Tradeen_US
dc.titleAn Investigation of the Barriers Faced by SME Exporters in Sri Lanka: with Special Reference to Manufacturing Sectoren_US
dc.title.alternativeResearch Symposium 2016en_US
dc.typeOtheren_US
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