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Smes In An Era Of Globalization
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Book Synopsis SMEs in an Era of Globalization by : Ilan Bijaoui
Download or read book SMEs in an Era of Globalization written by Ilan Bijaoui and published by Springer. This book was released on 2016-11-24 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis SMEs in the Age of Globalization by : David B. Audretsch
Download or read book SMEs in the Age of Globalization written by David B. Audretsch and published by Edward Elgar Publishing. This book was released on 2003 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Bring[s] together the leading scholarly papers about how globalization has impacted the role of SMEs"--Back cover
Book Synopsis Globalization and its opportunities for small- and medium-sized enterprises by : Christoph Lohrmann
Download or read book Globalization and its opportunities for small- and medium-sized enterprises written by Christoph Lohrmann and published by GRIN Verlag. This book was released on 2015-08-18 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Small and Medium-Sized Enterprises in the Global Economy by : Zoltan J. Acs
Download or read book Small and Medium-Sized Enterprises in the Global Economy written by Zoltan J. Acs and published by University of Michigan Press. This book was released on 2010-08-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Book Synopsis Asian Small and Medium Enterprises by : Moha Asri Abdullah
Download or read book Asian Small and Medium Enterprises written by Moha Asri Abdullah and published by . This book was released on 2001 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses and reviews issues and challenges, as well as prospects, on the growth and development potential of small and medium enterprises (SMEs) in the 21st Century. Part one is an introduction that presents the overall scenario of SMEs in the era of globalisation. Part two examines regional perspectives, including: small and medium enterprises in regional development; globalisation and the changing role of East Asia SMEs in the electronic industry; the Asian economic crisis and lesson for SMEs; and government intervention and small industries. Part three refers to the challenges in selected countries including, print advertisements of service firms, the globalised economy and the strategic importance of SMEs in Malaysia; survival in global crisis for small businesses in Indonesia; total productivity in Malaysian SMEs; and quality approaches and human resource practices. BA (Hons-MU), MA (Essex) and Ph.D (London), is the Deputy Director and associate Professor at the Centre for Policy Research, University Science Malaysia, Penang. He teaches on small business management, however, his interest and research focus is mainly on development economics, specifically the development of small and medium enterprises. He has published 12 books and over 20 papers in renowned journals, and presented a number of papers to international conferences. His recent books include: 'Foreign Workers in Malasysia (co-author); 'Foreign Labour in Asia' (co-author); 'Small and Medium Enterprises in Malaysia'; 'Management of Small Enterprises'; 'Small and Medium Enterprises in Asian Pacific Countries' (main editor).
Book Synopsis The Changing Role of SMEs in Global Business by : Alkis Thrassou
Download or read book The Changing Role of SMEs in Global Business written by Alkis Thrassou and published by Springer Nature. This book was released on 2020-11-08 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: SMEs are significant job creators and drivers of innovation and competition in most economic sectors. Furthermore, the traditional constraints of small and medium enterprises, such as geographic operations, are now being dissolved by technological developments. This means that there are new opportunities for SMEs, and their fundamental principles are being redefined: the aims, competencies, strategy, management, practice, and scope of these businesses are changing, with wide-ranging implications. This is the first part of a two volume work that incorporates scientific chapters on SME business theory and practice. Authors provide a balanced perspective of the present and future of SMEs across all business disciplines, including management, strategy, marketing, economics, and finance. While Volume II explores external issues such as contextual forces, the effects of the financial crisis, and macro-economic effects, this first volume focuses on the individual SME and internal issues such as innovation, quality, and digitization.
Book Synopsis The Networked Firm in a Global World by : Eirik Vatne
Download or read book The Networked Firm in a Global World written by Eirik Vatne and published by Routledge. This book was released on 2018-01-18 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000. Illustrated by a wide range of international case studies, this volume elaborates, extends and critiques one of the key models of local growth, which emphasizes learning, networking and 'embeddedness' in relation to the role of small and medium-sized firms (SMEs). In doing so, it provides a comprehensive understanding of the changing role of SMEs in an era of globalization.
Book Synopsis Information and Communication Technologies in the Context of Globalization by : Kaushalesh Lal
Download or read book Information and Communication Technologies in the Context of Globalization written by Kaushalesh Lal and published by Palgrave MacMillan. This book was released on 2007-11-13 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes an important contribution to business, economic growth, and information and communication technologies led technical change literature. Evidence based on primary survey of firms, comes from firms located in three Continents, namely; Asia, Africa, and Latin America. Using advanced statistical and econometric techniques, the studies presented in the book have been able to capture the factors that are impediments in the adoption of new technologies. Findings presented in the book conclude that institutional support is necessary factor for small firms to remain competitive in the era of globalization. Case studies presented in the book suggest that entrepreneurship coupled with enabling technological and institutional environment can make small firms globally competitive. Cohesion of policies has been found essential for sustainability of growth and survival of small firms. We also conclude that degree of effectiveness of same policy instruments is not uniform across countries. Hence countries need to evolve their own country-specific policies for small firms so that they can survive in the globally integrated world.
Download or read book A New Blue Ocean written by Yihai Li and published by Springer Nature. This book was released on 2021-01-18 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the achievements and obstacles confronting China and major Latin American countries in developing small- and medium-sized enterprises (SMEs) in the context of new changes in “The Belt and Road” Initiative. In the first three chapters, the Chinese authors elaborate on the relationship between “The Belt and Road” Initiative and globalization, as well as strategies towards forming an increasingly close bond between China and Latin America. The book ends with chapters dedicated to analyzing the BRI conditions and effects on SMEs of Latin-American countries. These country specific chapters will show the specific opportunities and challenges the countries conditions, be they political, geological, etc. may have on the development of SMEs under the BRI. The book will be useful not only to industry leaders looking to better understand how they can potentially benefit from the BRI but also by the general public, as the book will explain what this new era of globalization, and more specifically the BRI, will mean for the world’s industries and society.
Book Synopsis SMEs in a Globalised World by : Helena Lenihan
Download or read book SMEs in a Globalised World written by Helena Lenihan and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This insightful book shows how small and medium enterprises (SMEs) from some of the traditionally less dynamic peripheral economies of the old EU namely Ireland, Italy, Portugal and Spain have responded to the twin challenges of globalisation and industrial restructuring. Through a series of unique case studies the contributing authors discuss how these economies, and in particular the SME sector, can be transformed. The book begins by examining the key drivers of the globally competitive SME sector in the EU, before moving on to explore the relationship between multinational enterprises (MNEs), SMEs and industrial development. The authors investigate important policy implications and provide lessons for SME development and growth. With empirical and theoretical contributions on SMEs in both the manufacturing and the services sectors, this essential book will be invaluable for researchers and policymakers in small business economics and management. Postgraduate students of entrepreneurship, business economics, industrial economics and European studies will appreciate this unique set of insights.
Book Synopsis Global Opportunities for Entrepreneurial Growth by : Stavros Sindakis
Download or read book Global Opportunities for Entrepreneurial Growth written by Stavros Sindakis and published by Emerald Group Publishing. This book was released on 2017-12-07 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates, compares, and contrasts the theoretical and practical elements of business concepts and models that are acclimated to the dynamic changes of our modern era. Furthermore, it describes and analyzes the current cooperative interactions among firms, and evaluates the contribution of knowledge dynamics in coopetition.
Book Synopsis Trading Places--SMEs in the Global Economy by : Lester Lloyd-Reason
Download or read book Trading Places--SMEs in the Global Economy written by Lester Lloyd-Reason and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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.
Book Synopsis Small and Medium Enterprises Across the Globe by : Meghana Ayyagari
Download or read book Small and Medium Enterprises Across the Globe written by Meghana Ayyagari and published by World Bank Publications. This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes a new cross-country database on the importance of small and medium enterprises (SMEs). This database is unique in that it presents consistent and comparable information on the contribution of the SME sector to total employment and GDP across different countries. The dataset improves on existing publicly available datasets on several grounds. First, it extends coverage to a broader set of developing and industrial economies. Second, it provides information on the contribution of the SME sector using a uniform definition of SMEs across different countries, allowing for consistent cross-country comparisons. Third, while we follow the traditional definition of the SME sector as being part of the formal sector, the new database also includes the size of the SME sector relative to the informal sector. This paper describes the sources and the construction of the different indicators, presents descriptive statistics, and explores correlations with other socioeconomic variables. This paper--a product of Finance, Development Research Group--is part of a larger effort in the group to study SME-related issues.
Book Synopsis Resources, Efficiency and Globalization by : P. Dimitratos
Download or read book Resources, Efficiency and Globalization written by P. Dimitratos and published by Palgrave Macmillan. This book was released on 2010-02-12 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: International business for the modern firm has to compromise the need to use limited resources and achieve efficiency in the global marketplace. This book examines these issues from the viewpoint of the internationalized SME, the big multinational and the local subsidiary drawing on research conducted in different countries.
Book Synopsis Globalization and Entrepreneurship by : Hamid Etemad
Download or read book Globalization and Entrepreneurship written by Hamid Etemad and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization has begun to dismantle the barriers that traditionally segregated local business opportunities and local firms from their international counterparts. The works in this collection provide new insights on both traditional and emerging aspects of small and medium sized enterprises.
