SMEs in the Age of Globalization


Book Description

"Bring[s] together the leading scholarly papers about how globalization has impacted the role of SMEs"--Back cover




SMEs in the Age of Globalization


Book Description

"Bring[s] together the leading scholarly papers about how globalization has impacted the role of SMEs"--Back cover







SMEs in an Era of Globalization


Book Description

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.







Innovation and Market Globalization


Book Description

Fourteen papers, presented at a NATO-sponsored workshop held in September 1998 in Samarkand, address development trends in the transition countries of Central Asia. Workshop goals were to stimulate industry RandD for "small medium enterprises" and foster cooperation between East and West; participants included researchers from the science, technology, and business sectors in Europe, Georgia, Kazakhstan, Turkey, Ukraine, the US, and Uzbekistan. The papers are in English, sometimes to their detriment as a result of inexpert translation. c. Book News Inc.




Globalization and Entrepreneurship


Book Description

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.




The Changing Role of SMEs in Global Business


Book Description

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.




The Information Society in Europe


Book Description

This text offers an examination of a range of technological issues at stake in the European Union. It discerns social trends but finds there is considerable room to use the technologies as a force for social change.




Globalization and its opportunities for small- and medium-sized enterprises


Book Description

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.