Small And Medium Sized Enterprises In The Global Economy

Author : Gerald I. Susman
Publisher : Edward Elgar Publishing
Page : 359 pages
File Size : 41,6 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781847204431

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Small and Medium-sized Enterprises and the Global Economy by Gerald I. Susman Pdf

Globalization has jarred the traditional role and competitiveness of small- and medium-sized enterprises. This masterful volume comprises leading scholars, policy makers and business leaders who have new insights and strategies for SMEs creating opportunities rather than being victims of globalization. The result is a breakthrough in our understanding of entrepreneurship in the global context. David B. Audretsch, Indiana University, Bloomington, US and WHU, Germany Small and medium-sized enterprises (SMEs) often have difficulty competing in the global economy unless they collaborate with domestic or foreign partners or with public sector organizations. This book addresses the resource leverage and innovation challenges that increased global trade represents for SMEs. In doing so, it explores how SMEs can become more competitive at home and in foreign markets as stand-alone firms or as members of supplier and customer networks. SMEs are turning increasingly to innovation as a source of competitive advantage in order to protect their home markets and participate in expanding foreign markets. The contributors to this volume leading experts in entrepreneurship, innovation, and international business provide in-depth coverage of the most compelling issues facing SMEs. These include: innovation as a competitive strategy, network dynamics, ways to leverage technology, internationalization, and the role of the public sector in helping SMEs to overcome resource deficiencies. This comprehensive look at SMEs in the global marketplace will be of great interest to academics who study entrepreneurship, innovation, or international business, officials from public sector agencies with responsibility for helping SMEs to internationalize and become more innovative, and senior executives of SMEs or executives of larger companies who are considering collaboration with SMEs.

Author : Zoltan J. Acs,Bernard Yeung
Publisher : University of Michigan Press
Page : 192 pages
File Size : 55,9 Mb
Release : 1999-04-28
Category : Business & Economics
ISBN : 9780472110018

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Small and Medium-Sized Enterprises in the Global Economy by Zoltan J. Acs,Bernard Yeung Pdf

DIVExplores how and why small and medium-sized businesses are flourishing in the global marketplace /div

Author : Bharati, Pratyush,Lee, In,Chaudhury, Abhijit
Publisher : IGI Global
Page : 410 pages
File Size : 49,8 Mb
Release : 2010-04-30
Category : Computers
ISBN : 9781615206285

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Global Perspectives on Small and Medium Enterprises and Strategic Information Systems: International Approaches by Bharati, Pratyush,Lee, In,Chaudhury, Abhijit Pdf

Small and medium-sized enterprises (SMEs) play a critical role in rejuvenating and sustaining the modern economy, generating substantial employment and serving as important innovation engines for the global economy. Global Perspectives on Small and Medium Enterprises and Strategic Information Systems: International Approaches aims to spread research conducted on SMEs internationally and place it at the disposal of academics, practitioners, consultants, the vendor community, and policymakers. The goal of this book is to highlight the challenges faced by SMEs and how they are coping with the adverse environment through skillful use of IT and technologies such as Web 2.0, Enterprise Resource Planning (ERP), e-commerce, open source software, Business Process Digitization (BPD), and other emerging technologies.

Author : Christoph Lohrmann
Publisher : GRIN Verlag
Page : 7 pages
File Size : 43,6 Mb
Release : 2015-08-18
Category : Business & Economics
ISBN : 9783668032279

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Globalization and its opportunities for small- and medium-sized enterprises by Christoph Lohrmann Pdf

Essay from the year 2013 in the subject Economics - International Economic Relations, grade: 100%, University of Sussex, language: English, abstract: Small- and medium-sized companies (SMEs) represent about 95% of enterprises in Europe, with a high amount of small companies ranging between 22% - 66% as well as high importance all over the globe. Nevertheless, the sector of SMEs has been ignored and poorly understood for many decades. Eventually, a research conducted by the economist David Birch published in 1979 revealed that especially SMEs are responsible for economic growth in general and are the prime source for job creation, accounting for up to 60% of the overall employment. As a result, the OECD considers them to be the core for economic growth and the dominant form of businesses worldwide in the future, acknowledging the importance of SMEs within global economy. Knowledge about small- and medium-sized enterprises has become even more important due to the fact that the interest of small firms to operate on foreign markets increased in the last decades. This essay depicts the characteristics of small- and medium-sized companies, compares it to multinational companies (MNCs) to determine advantages as well as disadvantages and, finally, examines certain opportunities for SMEs offered by globalization and internationalisation.

Author : OECD
Publisher : OECD Publishing
Page : 44 pages
File Size : 46,9 Mb
Release : 2008-01-03
Category : Electronic
ISBN : 9789264044357

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Promoting Entrepreneurship and Innovative SMEs in a Global Economy by OECD Pdf

Author : Hamid Etemad,Stefano Denicolai,Birgit Hagen,Antonella Zucchella
Publisher : Edward Elgar Publishing
Page : 336 pages
File Size : 49,6 Mb
Release : 2016-05-27
Category : Business & Economics
ISBN : 9781783479849

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The Changing Global Economy and its Impact on International Entrepreneurship by Hamid Etemad,Stefano Denicolai,Birgit Hagen,Antonella Zucchella Pdf

The Changing Global Economy and its Impact on International Entrepreneurship addresses different changes and challenges which small and medium sized enterprises (SMEs) face in an economy where they need to compete at home and cannot refrain from participating in international markets. This volume presents a collection of 12 carefully selected chapters that highlight challenging real-world cases to illustrate a variety of difficult problems. The book presents an analytical framework with three levels of analysis - entrepreneurial level, firm level, and institutional level - to document comprehensive, realistic and experientially-based entrepreneurial initiatives, potent firm and public policy strategies with solid results.

Author : Charles Harvie,Boon-Chye Lee
Publisher : Edward Elgar Publishing
Page : 432 pages
File Size : 53,8 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 1781959552

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The Role of SMEs in National Economies in East Asia by Charles Harvie,Boon-Chye Lee Pdf

'The book deserves to be read by those who take an interest in industrial development and SMEs in the region. It provides good basic reading before executing more in-depth study into a particular country or sector.' - Henry Sandee, ASEAN Economic Bulletin This volume presents detailed analyses of the role and significance of Small and Medium sized Enterprises (SMEs) in the economies of East Asia. Various aspects of SME operations are studied, including: * the role and significance of networking in the conduct of business * the contribution of culture to business acumen and entrepreneurialism * human resource development constraints and issues * technology transfer processes * the utilisation and application of information technology by SMEs * the impact of electronic commerce * the policy framework needed to stimulate the growth of the SME sector.

Author : Lester Lloyd-Reason,Leigh Sear
Publisher : Edward Elgar Publishing
Page : 267 pages
File Size : 44,9 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781847207098

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Trading Places--SMEs in the Global Economy by Lester Lloyd-Reason,Leigh Sear Pdf

There are 18 contributions in the book; all of whom are very highly regarded in the fields of entrepreneurship and international management. . . the book is well researched and edited. The book provides an excellent discussion on the importance of SMEs in the global economy. Through a number of different case study examples and discussion of various elements of the internationalization process, this book provides an outstanding resource for the study of SMEs that operate in the international market. Vanessa Ratten, Journal of International Entrepreneurship This book is most timely. It arrives at a time when globalisation and new technologies present major opportunities and challenges to the role of the independent small and medium sized business in economies. . . The book s strength in dealing with many of the emerging issues is underpinned by a truly international range of contributors with a strong mix of practical as well as academic experience. From the preface by Allan Gibb, Professor Emeritus, Durham University, UK Lester Lloyd-Reason and Leigh Sear bring together leading researchers and thinkers in this critical guide to the ongoing, worldwide research shaping the role played by SMEs within today s global economy. The expert contributors contend that the past twenty years have seen an explosion in research into international SMEs, resulting in a considerable body of academic literature and thinking. This research, they argue, may merely serve to increase our lack of understanding in this area, and often results in myths and misconceptions upon which SME policies and support programmes have been developed and introduced. They go on to suggest that academic models are often poorly suited to the problems faced by SMEs within the international trading environment. In many instances, the contributors find SMEs at the vanguard of the challenge to accepted business practices: it is these challenges that underpin the text. Illustrating that today s SMEs are faced with the critical issue of how to create and maintain a sustainable competitive advantage in light of the increased complexity of international trade and global business linkages, this Handbook will prove invaluable to both academics and practitioners involved in business and management and entrepreneurship.

Author : Kristin Hallberg
Publisher : World Bank Publications
Page : 40 pages
File Size : 46,8 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 0821347276

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A Market-oriented Strategy for Small and Medium Scale Enterprises by Kristin Hallberg Pdf

This paper investigates the economic rationale for intervention in support of small and medium scale enterprises, on both theoretical and empirical grounds. It argues that the justification for SME interventions lies in market and institutional failures that bias the size distribution of firms, rather than on any inherent economic benefits provided by small firms. The role of the state is mainly to provide an enabling business environment that opens access to markets and reduces policy-induced biases against small firms. Governments can accelerate the development of markets for financial and non-financial services suited to SMEs by promoting innovation in products and delivery mechanisms, and by building institutional capacity. Improving the development impact of SME strategies will require much more attention to the monitoring and evaluation of intervention outcomes.

Author : Hubert Schmitz
Publisher : Edward Elgar Pub
Page : 392 pages
File Size : 45,5 Mb
Release : 2004
Category : Business & Economics
ISBN : 1845421922

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Local Enterprises in the Global Economy by Hubert Schmitz Pdf

This book opens a fresh chapter in the debate on local enterprise clusters and their strategies for upgrading in the global economy. The authors employ a novel conceptual framework in their research on industrial clusters in Europe, Latin America and Asia and provide new perspectives and insights for researchers and policymakers alike.The debate on local upgrading capacity is torn between two lines of thinking: those who believe that local relationships between enterprises and institutions are key to upgrading, and those who argue that the spaces for upgrading are defined by the sourcing strategies of global buyers. From this debate a number of important questions arise: how feasible is it to develop local upgrading strategies? Can local policy networks make a difference, or do global forces undermine them? Do global quality and labour standards marginalise developing country producers or do they help them to upgrade? To answer these questions, the book brings together theoretical and empirical research on local and regional clusters, global value chains and global standards, using case studies from developed and developing countries. The authors provide a new understanding of how global and local governance interact, highlighting power and inequality in global chains but also identifying scope for local action.By showing how and why insertion in global value chains can accelerate or inhibit local upgrading, this book represents a significant contribution to the academic and political debate on globalization. It will be essential reading for all students, academics and researchers interested in global political economy, global and local governance structures, economic geography and innovation studies.

Author : Niina Nummela
Publisher : Routledge
Page : 326 pages
File Size : 54,5 Mb
Release : 2010-10-04
Category : Business & Economics
ISBN : 9781136906428

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International Growth of Small and Medium Enterprises by Niina Nummela Pdf

The majority of SMEs are operating in a networked business environment, and these networks extend beyond national and cultural boundaries. Within these networks, growth takes various routes and forms. Instead of linear, positive growth, international growth is often more cyclical, including periods of stagnation and withdrawal, even exits. International Growth of Small and Medium Enterprises focuses on international growth, such as how companies expand their operations across national borders through opportunity exploration and exploitation, and identification and development of innovations, i.e. on international entrepreneurship. The book provides a comprehensive overview of international growth of small and medium-sized enterprises from diverse points of view. It verifies that SMEs in all parts of the globe share similar characteristics, but also differ significantly. New explanations emerge, such as ownership, steering of the company, or the negative consequences of international growth. It discusses how the changing external environment of SMEs pushes them to create innovative solutions in order to survive and succeed. This collection of new and international perspectives sheds much-needed light on how founders and management teams of SMEs can succeed in fostering the growth process, and what specific characteristics are instrumental in initiating and maintaining international growth.

Author : Svetlana Shirobakina
Publisher : GRIN Verlag
Page : 18 pages
File Size : 45,5 Mb
Release : 2006-07-18
Category : Business & Economics
ISBN : 9783638521864

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The role of small and medium-sized enterprises (SMEs) in Europe's economy by Svetlana Shirobakina Pdf

Essay from the year 2004 in the subject Business economics - Miscellaneous, grade: 1,3, University of Lincoln, course: B.A. European Business, language: English, abstract: The Lisbon European Council of March 2000 set the European Union a new strategic objective for the coming years:to become the most competitive and dynamic knowledge-based economy in the world, capable of sustained economic growth with more and better jobs and greater social cohesion. It is considered that Europe’s competitiveness and economic progress is strong dependent on its small and medium-sized enterprises, which are the key-source for job creating as well as for searching for new business ideas and innovative solutions, its main driver for entrepreneurship. For this reason, the European Council endorsed the “think small first” principle as one way to progress towards the Lisbon objectives. The idea of the small business has captured the imagination of the public and politicians over past years. They agree in the point that to meet the challenge of new integrated Europe requires a better business environment within the Internal Market, including the lightest possible administrative and regulatory burdens for small businesses and a better access to finance resources as well as creating of simple and effective legislation. It also requires a revolution in attitudes to entrepreneurship and to risk-taking processes, which will allow viewing failure as a part of experience, as an “opportunity to learn” from mistakes. They also emphasise the fact that small enterprises are normally more sensitive to changes in the business environment than large firms. They are the first to suffer if weighed down with excessive bureaucracy and creating new administrative burdens. And they are the first to flourish from initiatives such as decrease in taxation rate and promotion. My essay aims to answer the question to what extent the EU’s main market integration initiatives address the needs of SME’s and what should be done on the way to developing strong, competitive SMEs which would use all benefits from the Single European Market. It is important to define what we mean by SMEs before proceeding to answer these questions. For the purpose of this essay, SMEs are defined as non-subsidiary, independent firms, which employ less than 250 employees. We have to take into account the fact that this number may vary across national statistical systems. [...]

Author : Ilan Bijaoui
Publisher : Springer
Page : 138 pages
File Size : 55,8 Mb
Release : 2016-11-24
Category : Business & Economics
ISBN : 9781137564733

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SMEs in an Era of Globalization by Ilan Bijaoui Pdf

This book identifies the driving forces behind globalization and proposes innovative ways for small and medium-enterprises (SMEs) to confront them. More than ever, sustainable competitive advantage requires SMEs to continually adapt their strategy and confront new and current competition in the international market. SMEs working with multinational companies could also benefit from winning strategies based on a sensible analysis of rational and irrational phenomena at the micro- and macro-economic levels. This book uses different models developed and established through international business experiences to determine the relevant strategy in the global market. It illustrates each model through real, successful case studies of globalization of factor, efficiency, and innovation-driven SMEs. It will benefit scholars of entrepreneurship, international business, regional development as well as managers, governmental institutions, and regional development, and consultants to SMEs.

Author : Sidney Winter
Publisher : Unknown
Page : 128 pages
File Size : 42,5 Mb
Release : 1999
Category : Electronic
ISBN : OCLC:847805838

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Small and Medium-Size Enterprises in Economic Development Possibilities for Research and Policy by Sidney Winter Pdf

September 1995 How (if at all) can the World Bank promote economic development by mobilizing resources organized as small and medium-size enterprises in developing countries? What lines of research about small and medium-size enterprises would help support the Bank's policymaking in this area? The World Bank's most important long-term advantage in promoting development, says Winter, may lie in opportunities to address related obstacles simultaneously. It could mount concurrent efforts to address the problems of small and medium-size enterprises in a particular sector, region, or economy, for example. It could address the conditions of founding new firms, providing finance or technical assistance, developing mutual support institutions, resolving disputes, and perhaps reducing counterproductive government interventions. Were the Bank to follow such a coordinated approach, programs could be designed to generate data to illuminate the impacts and interactions of various elements of policy. These data could be exploited, then, in research designs, or even the design of management information systems, shaped by program evaluation. Winter proposes four general issues for research (plus a series of topics for each issue): * Can Bank initiatives involving small and medium-size enterprises in developing countries facilitate the entry of these enterprises into similar learning relationships with other firms -- foreign firms, larger firms in their own countries, or each other? (Topics/actionable items: Identify large firms noted for their willingness to help improve their suppliers' operations; survey these firms' practices and the criteria they use to identify possible suppliers not currently in their system; consider how these and other sources define prevailing standards for small and medium-size enterprises.) * The economic significance of high turbulence (entry and exit rates) in small-firm populations is poorly understood. The fact of high turbulence is well-documented in industrial countries; it is not for developing countries, but available data suggest a broadly similar pattern. Are high failure rates for small businesses symptomatic of an important shortcoming in the system of economic organization itself? Or should the unit of analysis be the enterprise, the entrepreneur, or the entrepreneur's family? * Is the apparent trend favoring a larger economic role for smaller production units autonomous rather than induced by other changes? Does it depend on general operating factors such as the declining costs of communication and computation? * The rate of learning by a small firm may depend on the nature of its transacting partner. Certain multinational enterprises make good teachers, for example, but certain local labor markets or markets for consumer goods and services may not be well-positioned for relevant learning. They may learn well how to adjust to local circumstances but not to the international diffusion of technology and ways of organizing (the main source of hope for developing countries). Perhaps Bank policy should be more concerned with transaction patterns. This paper -- a product of the Finance and Private Sector Development Division, Policy Research Department -- is part of a larger effort in the department to study small and medium-size enterprises and their role in development.

Author : Meghana Ayyagari,Thorsten Beck,Aslı Demirgüç-Kunt
Publisher : World Bank Publications
Page : 40 pages
File Size : 47,6 Mb
Release : 2003
Category : Pequeą y mediana empresa (PYME)
ISBN : UCSD:31822033631565

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Small and Medium Enterprises Across the Globe by Meghana Ayyagari,Thorsten Beck,Aslı Demirgüç-Kunt Pdf