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Author: Navneet Singh
Publisher: Navneet Singh
ISBN:
Category : Art
Languages : en
Pages : 46
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Book Description
MSME stands for Micro, Small, and Medium Enterprises. These are businesses that fall below certain thresholds of size, turnover, and investment. They play a crucial role in economic development by fostering entrepreneurship, generating employment, and promoting inclusive growth. Here’s how MSMEs and business entrepreneurship intersect: Starting Point for Entrepreneurs: Many MSMEs begin as entrepreneurial ventures. Entrepreneurs often start small and grow their businesses over time. MSMEs provide a platform for budding entrepreneurs to test their ideas, gain experience, and establish themselves in the market. Innovation and Creativity: MSMEs are known for their agility and ability to innovate. Entrepreneurship within these enterprises often drives new ideas, processes, and products. This innovation can lead to competitiveness and growth within the sector. Job Creation: MSMEs are significant job creators, especially in developing economies. Entrepreneurship within MSMEs not only generates employment for the entrepreneurs themselves but also for a multitude of employees hired as these businesses expand. Economic Contribution: MSMEs contribute to the overall economic output of a country or region. Through entrepreneurial activities, these enterprises can contribute to GDP growth, exports, and tax revenues, thereby bolstering the economy. Challenges and Support: Entrepreneurs in the MSME sector face unique challenges such as access to finance, market access, regulatory compliance, and technology adoption. Governments and organizations often provide support through policies, financial aid, training programs, and incubation centres to nurture entrepreneurship within MSMEs. Role in Local Development: MSMEs are often deeply embedded in local communities. Entrepreneurial activities within these enterprises can stimulate local economies, improve infrastructure, and raise living standards by providing goods and services locally. Overall, MSMEs and business entrepreneurship are closely intertwined, with entrepreneurship serving as a driving force behind innovation, economic growth, and social development within the MSME sector.
Author: Navneet Singh
Publisher: Navneet Singh
ISBN:
Category : Art
Languages : en
Pages : 46
Get Book Here
Book Description
MSME stands for Micro, Small, and Medium Enterprises. These are businesses that fall below certain thresholds of size, turnover, and investment. They play a crucial role in economic development by fostering entrepreneurship, generating employment, and promoting inclusive growth. Here’s how MSMEs and business entrepreneurship intersect: Starting Point for Entrepreneurs: Many MSMEs begin as entrepreneurial ventures. Entrepreneurs often start small and grow their businesses over time. MSMEs provide a platform for budding entrepreneurs to test their ideas, gain experience, and establish themselves in the market. Innovation and Creativity: MSMEs are known for their agility and ability to innovate. Entrepreneurship within these enterprises often drives new ideas, processes, and products. This innovation can lead to competitiveness and growth within the sector. Job Creation: MSMEs are significant job creators, especially in developing economies. Entrepreneurship within MSMEs not only generates employment for the entrepreneurs themselves but also for a multitude of employees hired as these businesses expand. Economic Contribution: MSMEs contribute to the overall economic output of a country or region. Through entrepreneurial activities, these enterprises can contribute to GDP growth, exports, and tax revenues, thereby bolstering the economy. Challenges and Support: Entrepreneurs in the MSME sector face unique challenges such as access to finance, market access, regulatory compliance, and technology adoption. Governments and organizations often provide support through policies, financial aid, training programs, and incubation centres to nurture entrepreneurship within MSMEs. Role in Local Development: MSMEs are often deeply embedded in local communities. Entrepreneurial activities within these enterprises can stimulate local economies, improve infrastructure, and raise living standards by providing goods and services locally. Overall, MSMEs and business entrepreneurship are closely intertwined, with entrepreneurship serving as a driving force behind innovation, economic growth, and social development within the MSME sector.
Author: Tashi Tenzin
Publisher: GRIN Verlag
ISBN: 3668704422
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
Research Paper (postgraduate) from the year 2014 in the subject Leadership and Human Resources - Generation Y, Generation Z, Royal University of Bhutan (Royal Institute of Management, Thimphu), course: Post Graduate Diploma in Public Administration (PGDPA), language: English, abstract: The purpose of the study is to examine the role of MSMEs in solving unemployment problem and to find the unemployment trend. The unemployment problem is rising every year and especially youth unemployment is increasing at alarming rate. The study covers Thimphu area whereby a total of 351 samples were determined for the purpose of the study however the response rate was 82.05% with 288 responds qualifying for the analysis. Descriptive analysis was used and the findings reveal that most of the business owned by youth entrepreneurs employed more people though their initial investments were very low. The study also shows that most of the present business owners has plan of expanding their business in future which will create more jobs. From the studies, it shows that unemployment rate in Bhutan fluctuates and is mainly because of change in the supply and demand in the job markets. It also shows that despite high unemployment rate in the country, preferences for job among the youth remain same. They prefer to join civil servants followed by corporations, NGOs and self-employment or entrepreneurship as the last option. From this preferences of job and trend of high unemployment rate in the country, it can conclude that there is no refugee in the country nor can say that there is entrepreneurial effect as the entrepreneurship culture in the country is in the verge of developing, therefore entrepreneurial effect can only be tested after some years when the entrepreneurship culture in the country is fully developed.
Author: Matthias Fink
Publisher: Routledge
ISBN: 1135227594
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
Gathering some of the latest research in the field, this book provides an exciting and timely overview of management in small and medium enterprises and new ventures. This clear and accessible volume also offers practical recommendations on strategic planning, human resource management, entrepreneurial teams, and learning and innovation.
Author: Robert A. Blackburn
Publisher: Routledge
ISBN: 1317125355
Category : Business & Economics
Languages : en
Pages : 341
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Book Description
Recent decades have seen substantial growth in the range of assistance programmes for SMEs and entrepreneurs across the world. Once regarded as peripheral to the economy and public policy, the role of small firms and of entrepreneurship is now recognized as of key importance in the economic growth and development strategies of many nations. The range of interventions and support focused on promoting SMEs and entrepreneurship is substantial and expanding, so Government, SMEs and Entrepreneurship Development asks ’what are some of the main policy instruments being used, and how effective are they?’ It considers policies in different countries, examines key interventions and tools used to promote entrepreneurship and SME development and concludes with contributions on how to best evaluate their effectiveness. The contributor chapters by academics and practitioners from businesses, enterprise development agencies and governments, are empirical or evidence-based and use both quantitative and qualitative approaches. Drawing on experience from a wide range of both developed and emerging countries and economies, the contributions focus on the broad strategies that different governments and communities have adopted to foster entrepreneurship and SMEs; the policy tools and instruments that can be used to promote small business and entrepreneurship; and on the outcomes of policy instruments and the methods used to evaluate interventions. Their findings will help researchers, policy-makers, economic development officers, civil servants, elected officials, and business associations to better understand the issues in this important field.
Author: Ndubisi, Nelson Oly
Publisher: IGI Global
ISBN: 1466629533
Category : Business & Economics
Languages : en
Pages : 508
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Book Description
In order to increase the economic opportunities available, enterprise development plays a crucial role in the progression of socio-economic development for small and medium enterprises. Enterprise Development in SMEs and Entrepreneurial Firms: Dynamic Processes explores the process of enterprise development and its reconstruction of entrepreneurial identities, critical competencies as well as market turnaround for SMEs. This book aims to be a critical resource in the understanding of enterprise strategies adopted and lessons learned for management development. It is a successful resource for students, researchers and professionals interested in the growth SMEs.
Author: Mathew J. Manimala
Publisher: Springer
ISBN: 9811062986
Category : Business & Economics
Languages : en
Pages : 419
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Book Description
This edited volume develops an understanding of the strategies, processes, issues and concerns involved when small and medium-sized enterprises (SMEs) go international with their local products/services and vice versa. It is a compendium of eighteen selected chapters on the subject, supported by an introductory chapter. The contributions are organized in four parts based on the sub-themes they deal with. The first part, containing the introductory chapter, provides different perspectives on transnational entrepreneurship, returnee entrepreneurship and their linkages with the internationalization process. The subsequent parts have chapters dealing with three sub-themes of the subject – the internal factors (individual and firm-level resources), the external factors (entrepreneurial ecosystem), and the process of organizational transformation and change, respectively, in the context of SME internationalization. Special issues and challenges being faced by SME entrepreneurs in emerging economies have been highlighted in this book, discussing key contemporary issues with regard to internationalization in the three dimensions outlined above. Further, the book explains how an entrepreneur can engineer the transformation of his/her organization into an international SME. This book is a very useful resource for entrepreneurs and policy-makers in general, and for academics and researchers in particular, as it provides an overview of the contemporary research in the critical areas of SME internationalization and transnational entrepreneurship by highlighting the linkages between them with special reference to emerging economies.
Author: OECD
Publisher: OECD Publishing
ISBN: 926435882X
Category :
Languages : en
Pages : 396
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Book Description
The new OECD SME and Entrepreneurship Outlook presents the latest trends in performance of small and medium-sized enterprises (SMEs) and provides a comprehensive overview of business conditions and policy frameworks for SMEs and entrepreneurs. This year’s edition provides comparative evidence on business dynamism, productivity growth, wage gaps and export trends by firm size across OECD countries and emerging economies.
Author: Pervez N. Ghauri
Publisher: Edward Elgar Publishing
ISBN: 1783471581
Category : Business & Economics
Languages : en
Pages : 433
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Book Description
This impressive Handbook provides a dynamic perspective on the international entrepreneurial strategies of SMEs, including the role and experience of their founders, as well as the collaboration of these SMEs in networks with larger firms. The expert contributors from all over the world and the editors explore the origin and evolution of internationalizing SMEs, the changing history and the future outlook of this sector. They study the effects of different cultures on the origin and growth of entrepreneurship and SMEs. The Handbook also outlines the various types of Born Globals that emerge from different parts of the world. This book will prove essential reading for researchers and students of international business, entrepreneurship and SMEs. Founders of internationalizing SMEs will also learn about novel management practices, whilst educational institutions and governments will find invaluable insights on how to foster and support SMEs in their internationalization efforts.
Author: William D. Bygrave
Publisher: John Wiley & Sons
ISBN: 1118463803
Category : Business & Economics
Languages : en
Pages : 504
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Book Description
A totally updated and revised new edition of the most comprehensive, reliable guide to modern entrepreneurship For years, the Portable MBA series has tracked the core curriculum of leading business schools to teach you everything you need to know about business-without the cost of earning a traditional MBA degree. The Portable MBA in Entrepreneurship covers all the ins and outs of entrepreneurship, using real-life examples and handy tools to deliver clear, honest, practical advice on starting a successful business. If you're planning to start your own business, you'd best start with the facts. This reliable, information-packed resource shows you how to identify good business opportunities, create a business plan, do financial projections, find financing, and manage taxes. Other topics include marketing, selling, legal issues, intellectual property, franchising, starting a social enterprise, and selling your business. Completely updated with new examples, new topics, and full coverage of topical issues in entrepreneurship Includes customizable, downloadable forms for launching your own business Comes with Portable MBA Online, a new web site that gives readers access to forms, study guides, videos, presentations, and other resources Teaches you virtually everything you'd learn on entrepreneurship in today's best business schools Whether you're thinking of starting your own business or you already have and just need to brush up on entrepreneurial basics, this is the only guide you need.
Author: Baporikar, Neeta
Publisher: IGI Global
ISBN: 1799866343
Category : Business & Economics
Languages : en
Pages : 676
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Book Description
A multidimensional approach to entrepreneurship, especially in the post-COVID-19 era, will have an important influence on the state of business and government, especially when considering the effects of technological development, innovation, glocalization, and nationalization policies that need to be adopted for inclusive sustainable growth, as well as the enhanced and efficient utilization of global resources. That means there is likely to be a shift in how entrepreneurship development and entrepreneurial opportunities will be perceived, developed, and resourced. The question is how to sustain SMEs and entrepreneurial innovation in the post-COVID-19 era. Thus, comprehensive research and knowledge on designing policies and approaches to ensure the sustainability of SMEs and entrepreneurial innovation in post-pandemic times are essential to sustain, stimulate, and foster SMEs, entrepreneurship, and entrepreneurial innovations. The Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era provides research dedicated to entrepreneurship with a special emphasis on the sustainability of SMEs and entrepreneurial innovations in the post-COVID-19 era. It provides discussion and the exchange of information on principles, strategies, models, techniques, methodologies, and applications of entrepreneurship in the post-COVID-19 era in the field of public and private organizations. The chapters communicate the latest developments and thinking on the entrepreneurship subject worldwide by drawing on the latest developments, ideas, research, and best practice to examine the implications of the changes taking place due to COVID-19. This book is ideally intended for entrepreneurs, global organizations, small and medium-sized enterprises, managers, executives, government officials, policymakers, researchers, academicians, and students who are interested in learning about, designing, or implementing policies that are more effective in the post-pandemic era.
