[PDF] Small And Medium Enterprise Sme Under Trade Liberalization eBook

Author : Tulus Tahi Hamonangan Tambunan
Publisher :
Page : 0 pages
File Size : 32,47 MB
Release : 2010
Category : Free trade
ISBN : 9781608765027

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In member countries of the Association of Southeast Asian nations (ASEAN), as in other Asian developing countries, the majority of firms are small-and medium-sized enterprises (SMEs). In these countries, SMEs are very important because of their huge employment creation, especially in rural areas, and as the main source of income for poor households. Therefore, these enterprises have been considered as an important element of poverty education, employment creation, economic growth and export promotion policies. Furthermore, it is often stated in literature that the future prospect of SMEs in playing that role would depend on whether they can survive in the long run, in the course of economic modernisation and trade liberalisation. More specifically, it depends on whether SMEs' goods can compete, not only with goods produced by domestic large/modern enterprises (including multinational companies) but also with imported goods and in export markets. During the past few years, especially after the Asian financial crisis in 1997/98, ASEAN countries (especially Indonesia, Thailand, Malaysia, Philippines, and Vietnam) have been undergoing economic reforms, including trade liberalisation. It is generally believed that trade liberalisation should be beneficial for domestic economy as well as the world as a whole. However, not many serious studies have been done on the possible impact of ongoing trade liberalisation on local SMEs in the region. This book is about that particular issue, namely to answer the question of whether the SMEs will be negatively or positively affected by trade liberalisation.

Author : Moha Asri Hj. Abdullah
Publisher : Nova Publishers
Page : 250 pages
File Size : 27,42 MB
Release : 2000
Category : Business & Economics
ISBN : 9781560727965

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These books provides an overall account of small and medium enterprises in selected Asia-Pacific countries such as Singapore, Malaysia, South Korea, Thailand, Philippines, China, Indonesia, Japan, Australia, New Zealand, United Kingdom and Canada. All of these countries have given high policy agenda on the development of small and medium enterprises since SMEs contribute significantly to the respective national economic development. The books therefore provides various experiences on SMEs, issues and challenges, incentive and policies adopted by various governments and, more significantly, prospects for growth and development potential of SMEs in the new millennium.

Author : Kristin Hallberg
Publisher : World Bank Publications
Page : 40 pages
File Size : 46,22 MB
Release : 2000-01-01
Category : Business & Economics
ISBN : 9780821347270

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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 : Gerald I. Susman
Publisher : Edward Elgar Publishing
Page : 359 pages
File Size : 42,9 MB
Release : 2007-01-01
Category : Business & Economics
ISBN : 1847204430

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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 : Ronald L. Parker
Publisher : World Bank Publications
Page : 108 pages
File Size : 22,75 MB
Release : 1995-01-01
Category : Business & Economics
ISBN : 9780821331545

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This study incorporates data from comparable surveys across five African countries - Ghana, Malawi, Mali, Senegal, and Tanzania - to analyze how small and micro enterprises have been positively and negatively affected by policy liberalization schemes. Som

Author : Zoltan J. Acs
Publisher : University of Michigan Press
Page : 192 pages
File Size : 48,88 MB
Release : 2010-08-10
Category : Business & Economics
ISBN : 0472027220

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Entrepreneurship and globalization are two much-examined forces as we enter the new millennium--yet very little has been published on the intersection of small and medium-sized enterprises (SMEs) and the global economy. To close the gap, this volume delves into the intricate roles and consequences of such businesses on both global and domestic economies. The first part of the volume provides an overview of the phenomenon of globalization, arguing that entrepreneurial discovery and technological change lead to globalization, which in turn leads to further opportunity for entrepreneurial discovery--no less for SMEs than for multinational corporations. In part two, the essays examine the role of SMEs in the global economy and why they are thriving. Part three reviews the roles of SMEs and innovators and examines their roles in direct foreign investment. Part four explores the role of technological diversity and knowledge spillovers as a way to explain the superior innovative performance of SMEs. Part five looks at the role of SMEs in technology transfer. Finally, part six examines the theoretical and policy implications of the international activities of SMEs, suggesting that policies should aim to reduce the costs in international expansion for SMEs. This volume will provide the foundation for further study in SMEs and globalization. It will appeal to scholars and students in both international business and economics. Zoltan J. Acs is Professor of Economics and Finance, University of Baltimore. Bernard Yin Yeung is Professor of International Business, University of Michigan.

Author : Brian Levy
Publisher : Springer Science & Business Media
Page : 293 pages
File Size : 13,16 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 1461551692

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Fulfilling the Export Potential of Small and Medium Firms addresses the question, `How can economic policy contribute to a strong export performance by small and medium enterprises (SMEs) in developing countries?' In today's increasingly integrated world economy, such a performance can make a significant difference to the growth, employment creation and income distribution of many developing countries. The study uses information from specifically designed surveys of SME exporters in Japan, Indonesia, Korea and Colombia, together with a range of evidence from other sources, to ascertain what types of support within the areas of technology, marketing and finance are most useful to SME exporters and how such support can best be provided to them. The quality of the support systems is found to vary widely among the four countries. Finally, a number of policy conclusions are put forward.