Business model innovation and entrepreneurial orientation relationships in SMES: international performance

Abstract

This study looks at how business model innovation (BMI) and entrepreneurial orientation (EO) impact the international success of small and medium-sized enterprises (SMEs) in Malaysia. SMEs play a key role in the economy, and this research explores how their ability to adapt and innovate helps them succeed globally. Using both surveys and interviews, the study found that BMI, such as customer-focused innovations, boosts competitiveness, while EO traits like risk-taking are crucial for expanding into new markets. Internal factors like team flexibility and external influences, such as government support, also play a big role in performance. The findings highlight the need for SMEs to blend innovation and entrepreneurial drive to tackle global challenges, offering practical advice for business leaders and policymakers.