How Small and Medium-sized Enterprises (SMEs) can be competitive

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Author :
Publisher : LIT Verlag Münster
ISBN 13 : 3643909691
Total Pages : 202 pages
Book Rating : 4.6/5 (439 download)

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Book Synopsis How Small and Medium-sized Enterprises (SMEs) can be competitive by : M. Sebnem Ensari

Download or read book How Small and Medium-sized Enterprises (SMEs) can be competitive written by M. Sebnem Ensari and published by LIT Verlag Münster. This book was released on 2017-12-21 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The environmental analysis is an important instrument for the SMEs, and it can contribute to their success through the globalization process. This book mainly focuses on the environmental analysis of the SMEs by analyzing three layers of environment under eight sub-categories: macro; potential competitors; substitutes; customers; competitors; suppliers; assets; and competencies. This book explains the relationship of the SMEs with their environments under this perspective, and gives sectoral examples for clarification. Each part is written by different academicians to reflect different points of view. (Series: International Economics, Vol. 5) [Subject: International Economics, Business Studies]

Competitive Strategies for Small and Medium Enterprises

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Publisher : Springer
ISBN 13 : 3319273035
Total Pages : 281 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Competitive Strategies for Small and Medium Enterprises by : Klaus North

Download or read book Competitive Strategies for Small and Medium Enterprises written by Klaus North and published by Springer. This book was released on 2016-02-19 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a timely guide for Small and Medium Enterprise (SME) researchers, policy makers and strategists. SMEs are the most important sources of job creation and local development especially in knowledge-based economies. As turbulence in the globalized economies expands SMEs will have to learn to sustain competitiveness by developing their ‘dynamic capabilities’. Based on the findings of a 4-year European and Latin American research project, this book provides a theoretical framework, practical instruments and cases on how SMEs in diverse economic, social and cultural contexts can develop crisis resilience, increase agility, innovate and thus successfully compete in turbulent times.

SME Competitiveness Outlook 2021

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Author :
Publisher : United Nations
ISBN 13 : 921005766X
Total Pages : pages
Book Rating : 4.2/5 (1 download)

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Book Synopsis SME Competitiveness Outlook 2021 by : International Trade Centre

Download or read book SME Competitiveness Outlook 2021 written by International Trade Centre and published by United Nations. This book was released on 2021-06-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The SME Competitiveness Outlook 2021 analyses how small businesses can rebuild from the COVID-19 (coronavirus) pandemic so they are better prepared to face the looming crisis of climate change. It provides a 20-point Green Recovery Plan to foster competitive, resilient and environmentally sustainable small and medium-sized enterprises (SMEs). The report finds that firms owned by women and young people were hurt more by the pandemic and are more vulnerable to future shocks, such those brought by a changing climate. It shows how business support organizations, governments, lead firms in value chains and international organizations can enable SMEs to strengthen competitiveness, build resilience to climate hazards, and contribute to safeguarding the planet.

Surviving Supply Chain Integration

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Publisher : National Academies Press
ISBN 13 : 0309173418
Total Pages : 162 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Surviving Supply Chain Integration by : National Research Council

Download or read book Surviving Supply Chain Integration written by National Research Council and published by National Academies Press. This book was released on 2000-03-23 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The managed flow of goods and information from raw material to final sale also known as a "supply chain" affects everythingâ€"from the U.S. gross domestic product to where you can buy your jeans. The nature of a company's supply chain has a significant effect on its success or failureâ€"as in the success of Dell Computer's make-to-order system and the failure of General Motor's vertical integration during the 1998 United Auto Workers strike. Supply Chain Integration looks at this crucial component of business at a time when product design, manufacture, and delivery are changing radically and globally. This book explores the benefits of continuously improving the relationship between the firm, its suppliers, and its customers to ensure the highest added value. This book identifies the state-of-the-art developments that contribute to the success of vertical tiers of suppliers and relates these developments to the capabilities that small and medium-sized manufacturers must have to be viable participants in this system. Strategies for attaining these capabilities through manufacturing extension centers and other technical assistance providers at the national, state, and local level are suggested. This book identifies action steps for small and medium-sized manufacturersâ€"the "seed corn" of business start-up and developmentâ€"to improve supply chain management. The book examines supply chain models from consultant firms, universities, manufacturers, and associations. Topics include the roles of suppliers and other supply chain participants, the rise of outsourcing, the importance of information management, the natural tension between buyer and seller, sources of assistance to small and medium-sized firms, and a host of other issues. Supply Chain Integration will be of interest to industry policymakers, economists, researchers, business leaders, and forward-thinking executives.

Small and Medium-sized Enterprises and the Global Economy

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1847204430
Total Pages : 359 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis Small and Medium-sized Enterprises and the Global Economy by : Gerald I. Susman

Download or read book Small and Medium-sized Enterprises and the Global Economy written by Gerald I. Susman and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Competitive Advantage in SMEs

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Author :
Publisher :
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Competitive Advantage in SMEs by : Oswald Jones

Download or read book Competitive Advantage in SMEs written by Oswald Jones and published by . This book was released on 2003 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on how small- and medium-sized enterprises (SMEs) can improve their performance and create and sustain long-term competitive advantage, this text draws upon empirical evidence to illustrate how SMEs can become more innovative through the introduction of new products and services.

Innovative Intelligence

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Publisher : John Wiley & Sons
ISBN 13 : 0470964081
Total Pages : 304 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis Innovative Intelligence by : David S. Weiss

Download or read book Innovative Intelligence written by David S. Weiss and published by John Wiley & Sons. This book was released on 2011-02-11 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is a key source of competitive advantage, but it remains frustratingly elusive for many organizations. This book shows you how to close the innovation gap by making individuals and organizations systematically and sustainably innovative. You will learn how to embrace a culture of innovation and make it permeate every level of the organization. You will find a clear road map and practical tools to redefine your workplace's culture, identify and tap into the existing innovative intelligence, and develop leaders who can close the innovation gap for greater business success.

International Entrepreneurship in Small and Medium Size Enterprises

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Publisher : Edward Elgar Publishing
ISBN 13 : 1845421558
Total Pages : 276 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis International Entrepreneurship in Small and Medium Size Enterprises by : Hamid Etemad

Download or read book International Entrepreneurship in Small and Medium Size Enterprises written by Hamid Etemad and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The drivers of globalization are removing the barriers that segregated the competitive space of the small and large firms in the past. It is becoming increasingly difficult for independent small firms to thrive in their traditional markets unless they are globally competitive. Managing an enterprise's commercial, industrial and political relations well, regardless of size and location, is the essence of the entrepreneurial challenge in this competitive arena. Small and medium size enterprises (SMEs) often face very different issues than large multinational enterprises do when confronting internationalization. This volume provides an in-depth discussion of these challenges. The contributors to this volume explore the emerging patterns of SME growth and international expansion in response to the evolving competitive environment, dynamics of competitive behavior, entrepreneurial processes and formulation of strategy. They examine the basis and requirements of growth and expansion from three perspectives: the rapidly-changing environment in which business is conducted, entrepreneurial characteristics, and the evolving strategic and competitive response to this changing business environment. Business leaders, scholars and students interested in international business and entrepreneurship will welcome this volume.

Research Anthology on Small Business Strategies for Success and Survival

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Author :
Publisher : IGI Global
ISBN 13 : 1799891569
Total Pages : 1496 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Research Anthology on Small Business Strategies for Success and Survival by : Management Association, Information Resources

Download or read book Research Anthology on Small Business Strategies for Success and Survival written by Management Association, Information Resources and published by IGI Global. This book was released on 2021-06-25 with total page 1496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Running a small business provides opportunity for greater success, increased growth, and potentially the chance to move to the global business arena, yet also much more risk. Small businesses not only have less employment, but also less annual revenue than a regular-sized business. With the growth of large corporations and chain businesses, it has become harder to maintain the survival of a small business. The COVID-19 pandemic has also brought more pressure onto the already unsteady survival of small businesses, due to forced closures, decreased agility, fewer technological innovations, and smaller customer bases. The Research Anthology on Small Business Strategies for Success and Survival offers current strategies for small businesses that can be utilized in order to maintain equal footing during challenging times. With the proper strategies available to small business owners, small businesses could not only survive, but also excel despite the environment that surrounds them. Covering topics including decision management, new supportive technologies, sustainable development, and micro-financing, this text is ideal for small business owners, entrepreneurs, startup companies, family-owned and operated businesses, restaurateurs, local retailers, managers, executives, academicians, researchers, and students.

Competitive Information in Small Businesses

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9401703558
Total Pages : 180 pages
Book Rating : 4.4/5 (17 download)

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Book Synopsis Competitive Information in Small Businesses by : T. Chesney

Download or read book Competitive Information in Small Businesses written by T. Chesney and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about using information in small businesses to compete; it is about strategy and information systems. It examines problems that these businesses face and suggests some solutions. It looks at how strategie planning takes place and how information systems should be designed and developed in line with strategy, from a business rather than a purely technical point ofview. The main contribution made is proposing an approach to crafting strategy, designing new business processes and information systems planning that could realistically be used by the average small business, that is one without great knowledge of strategy or information systems, and one that cannot afford to buy in this knowledge. The approach differs from others suggested in the literature in that it emphasises the important role of creativity in the process of creating strategy and in information system design and illustrates where this creativity may come from, it emphasises the importance of getting staff involved and it attempts to lessen the communication problems that exists between business people and information system developers, something that historically has caused problems.

Small and Medium Enterprises

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Publisher : IGI Global
ISBN 13 : 1466638877
Total Pages : 2031 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Small and Medium Enterprises by : Information Resources Management Association

Download or read book Small and Medium Enterprises written by Information Resources Management Association and published by IGI Global. This book was released on 2013-04-30 with total page 2031 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book provides a comprehensive collection of research on current technological developments and organizational perspectives on the scale of small and medium enterprises"--Provided by publisher.

Productivity and Innovation in SMEs

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Author :
Publisher : Routledge
ISBN 13 : 0429950306
Total Pages : 114 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Productivity and Innovation in SMEs by : Azad Bali

Download or read book Productivity and Innovation in SMEs written by Azad Bali and published by Routledge. This book was released on 2018-10-26 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the determining factors behind productivity and innovation amongst Small and Medium Enterprises (SMEs) in Singapore, and within the context of South East Asia, in order to offer recommendations for increasing productivity and aiding economic growth. SME firms are an influential driver of economic growth in advanced world economies like the USA, Germany, Japan and South Korea. Throughout the 2000s, Singapore experienced a decline in economic growth which was linked to decreasing productivity in its SMEs. The decline triggered a transformational policy by a Government intent on forging a ‘high skill–high productivity’ future. Given substantial evidence that low productivity growth occurred in sectors where immigrants dominated the workforce, the seeds of recovery focused on improving productivity and innovation amongst SMEs in those sectors. Hence, this book investigates the factors determining productivity amongst SMEs across the manufacturing sector. It utilises personal interviews with global experts and CEOs, combined with primary data collected from a major international Delphi survey, and interviews with 215 SME owners and managers in Singapore. This data helps us to better understand how these productivity-enhancing factors can be used to increase performance amongst SMEs. By investigating the nature and process of total factor productivity in Singapore’s SMEs, this book tells the policy story behind the revolution. To provide a comparative analysis, Singapore’s story is placed within a South East Asian context. The unfolding narrative contains important lessons for policy makers and industry globally, as they assess the strategic choices available to them for improving productivity and innovation. This book will be of great interest to students and scholars of innovation and productivity, as well as economic development officers, government policy advisors, SME business managers and sustainable businesses.

E-Business Issues, Challenges and Opportunities for SMEs: Driving Competitiveness

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Author :
Publisher : IGI Global
ISBN 13 : 1616928824
Total Pages : 490 pages
Book Rating : 4.6/5 (169 download)

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Book Synopsis E-Business Issues, Challenges and Opportunities for SMEs: Driving Competitiveness by : Cruz-Cunha, Maria Manuela

Download or read book E-Business Issues, Challenges and Opportunities for SMEs: Driving Competitiveness written by Cruz-Cunha, Maria Manuela and published by IGI Global. This book was released on 2010-09-30 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electronic business plays a central role in the economy, facilitating the exchange of information, goods, services, and payments. It propels productivity and competitiveness and is accessible to all enterprises, and as such, represents an opportunity also for SME competitiveness. E-Business Issues, Challenges and Opportunities for SMEs: Driving Competitiveness discusses the main issues, challenges, opportunities, and solutions related to electronic business adoption, with a special focus on SMEs. Addressing technological, organizational, and legal perspectives in a very comprehensive way, this text aims to disseminate current developments, case studies, new integrated approaches, and practical solutions and applications for SMEs.

Productivity and Innovation in SMEs

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Author :
Publisher : Routledge
ISBN 13 : 0429950292
Total Pages : 114 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Productivity and Innovation in SMEs by : Azad Bali

Download or read book Productivity and Innovation in SMEs written by Azad Bali and published by Routledge. This book was released on 2018-10-26 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the determining factors behind productivity and innovation amongst Small and Medium Enterprises (SMEs) in Singapore, and within the context of South East Asia, in order to offer recommendations for increasing productivity and aiding economic growth. SME firms are an influential driver of economic growth in advanced world economies like the USA, Germany, Japan and South Korea. Throughout the 2000s, Singapore experienced a decline in economic growth which was linked to decreasing productivity in its SMEs. The decline triggered a transformational policy by a Government intent on forging a ‘high skill–high productivity’ future. Given substantial evidence that low productivity growth occurred in sectors where immigrants dominated the workforce, the seeds of recovery focused on improving productivity and innovation amongst SMEs in those sectors. Hence, this book investigates the factors determining productivity amongst SMEs across the manufacturing sector. It utilises personal interviews with global experts and CEOs, combined with primary data collected from a major international Delphi survey, and interviews with 215 SME owners and managers in Singapore. This data helps us to better understand how these productivity-enhancing factors can be used to increase performance amongst SMEs. By investigating the nature and process of total factor productivity in Singapore’s SMEs, this book tells the policy story behind the revolution. To provide a comparative analysis, Singapore’s story is placed within a South East Asian context. The unfolding narrative contains important lessons for policy makers and industry globally, as they assess the strategic choices available to them for improving productivity and innovation. This book will be of great interest to students and scholars of innovation and productivity, as well as economic development officers, government policy advisors, SME business managers and sustainable businesses.

Entrepreneurship in Small and Medium-Sized Enterprises

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Author :
Publisher :
ISBN 13 : 9781536159226
Total Pages : 326 pages
Book Rating : 4.1/5 (592 download)

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Book Synopsis Entrepreneurship in Small and Medium-Sized Enterprises by : Andreas Masouras

Download or read book Entrepreneurship in Small and Medium-Sized Enterprises written by Andreas Masouras and published by . This book was released on 2019-08-27 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on three key questions and three assumptions, which tackle entrepreneurship and competitiveness through the pillars of young entrepreneurship and innovation in SMEs, always under the lens of the institutional approach. More specifically, the research questions of this study are the following: How do institutions and, in general, institutional processes affect entrepreneurship on the SME level and, hence, competitiveness on the country level, how can the analysis of young entrepreneurship promote our understanding of the overall web of entrepreneurship from an institutional point of view and to what degree do SMEs respond to innovative applications and activities? Moreover, the study takes on the following three research assumptions: The quality of institutions affects the development of entrepreneurship and, hence, a country's competitive position, small- and medium-sized enterprises are affected by the quality of institutions and institutional inefficiency leads to innovation fatigue. The methodology is based on specific data collection techniques that will answer the questions and assumptions of this study by using both qualitative and quantitative approaches.

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

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3638521869
Total Pages : 18 pages
Book Rating : 4.6/5 (385 download)

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

Download or read book The role of small and medium-sized enterprises (SMEs) in Europe's economy written by Svetlana Shirobakina and published by GRIN Verlag. This book was released on 2006-07-18 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. [...]

Michael Porter's Competitive Advantage Theory

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Author :
Publisher : GRIN Verlag
ISBN 13 : 364090916X
Total Pages : 41 pages
Book Rating : 4.6/5 (49 download)

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Book Synopsis Michael Porter's Competitive Advantage Theory by : Max Zapf

Download or read book Michael Porter's Competitive Advantage Theory written by Max Zapf and published by GRIN Verlag. This book was released on 2011-05 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2008 in the subject Business economics - Business Management, Corporate Governance, grade: A, University of Applied Sciences Chur, course: MSc Entrepreneurship, language: English, abstract: This report was commissioned to examine whether small and medium enterprises (SMEs) that target only a few market segments will promote their products and services more effectively than SMEs that target the mass market. The research draws attention to Porter's generic theory of competitive advantage by mainly concentrating on the third of his competitive advantage strategies, the focus strategy. Theory as well as a practical survey was used in order to falsify or approve the research question. Theory revealed Porter's focus strategy to have several key advantages over a mass market strategy which make firms pursuing such a strategy more effective in their product promotion efforts. First, a focused firm does not have to devote substantial resources into being all things to all people entailing less expenditure of time and money in comparison to a mass market strategy. Second, empirical evidence was found that customers do value specialized firms due to their focused capabilities. Third, a focused firm is less likely to be overwhelmed by great amount of different customer request and is more likely to identify and adapt to market changes in a quick time manner. Besides the advantages of a focus strategy, the research question is only supported when the SME makes bigger rivals to accommodate their existence in the segment(s) by creating circumstances in which the cost for the bigger rival in fighting the SME exceeds the cost of accommodating the SME. 27 SMEs from South Germany have returned completed questionnaires which were used to find practical evidence for answering the research question. Results revealed several tendencies which partly support theory. First, SMEs that pursue a focus strategy are more likely to do this with a differ