| dc.description.abstract | The purpose of this research is to explore the effects of certain factors on the success of globalization of U.S. minority and women owned small businesses. Research in this area to date has addressed minorities and women in international business. However, it has merely explored human resource management issues such as expatriate adjustment, cultural distance and the acceptance of women in business in male dominated societies (Castillo, 2005; Hofstede, 1999; Gray and Finley, 2005). Further, the studies on small businesses in the international arena have generally focused on the different entrepreneurial characteristics across culture (Ahmed, Mahajar, and Lon, 2004) and problems of capitalization for small businesses globally (Haj, Hassan, and Bashir, 2001).
In general, research has shown that a global focus for a company gains greater returns than merely a domestic focus (Dunning, 1993; Guisinger, 1985). The importance of this research is to help minority and women owned businesses achieve greater success overall and better performance in international markets. I hypothesize that those small businesses that go global achieve greater success, technology effects the performance of a small business, small businesses that “go global” at a faster rate perform better. The results show that small businesses that globalize achieve greater success, technology has no bearing on the success of minority and women owned small businesses, and small businesses should globalize within 2-5 years of existence to achieve maximum success. This knowledge will enhance their performance in their international transactions and encourage better success of minority and women owned businesses. | en |
