Synchonizing U.S. States' Strategic Plans to Increase Exports To Emerging Markets

Authors

Jayati Ghosh, Barowsky School of Business, Dominican University of CaliforniaFollow
Denise M. Lucy, Barowsky School of Business, Dominican University of CaliforniaFollow
Françoise O. Lepage, Barowsky School of Business, Dominican University of CaliforniaFollow

Document Type

Article

Source

Journal of International Business and Economy

ISSN

1527-8603

Volume

17

Issue

1

First Page

1

Last Page

20

Publication Date

Spring 2016

Department

Barowsky School of Business

Abstract

The United States seeks to increase and expand exports to emerging markets. The majority of U.S. firms (98 percent) are small to medium sized enterprises (SMEs) with only 1 percent engaging in exporting. The Federal and State Governments encourage SMEs to expand exporting through the National Export Initiative (NEI) and NEI/NEXT initiatives. This paper examines NEI’s progress and strategies by leading U.S. exporting states, export activity to BRICSA, states’ alignment with NEI and the extent to which NEI has facilitated federal and state collaboration. Further, it reviews NEI/NEXT objectives and strategies to internationalize U.S. business practices.