An empirical investigation on factors influencing on exporting medicinal plants

• Main Authors: Hoda Nosouzi, Naser Azad, Abdollah Naami
• Format: Article
• Language: English
• Published: Growing Science 2013-06-01
• Series: Management Science Letters
• Subjects: Medicinal plant; Factor analysis; Export development
• Online Access: http://www.growingscience.com/msl/Vol3/msl_2013_159.pdf

During the past few years, there have been growing interests on developing medicinal plant industry. This paper presents an empirical study on important factors influencing medicinal plant for developing exports in Iran. The proposed study of this paper designs a questionnaire and distributes it among 310 regular customers who are involved in this industry in city of Tehran, Iran. Cronbach alpha has been calculated as 0.802. In addition, Kaiser-Meyer-Olkin Measure of Samplng =KMO test was also computed and it was about 0.66, which is above the minimum acceptable limit of 0.5. The study uses Scree plot to determine important factors and there are eight factors including environmental issues, export supportive issues, potentials for export, business plan, export plan, structural barriers, competition capability and strategy.