The Role of SMEs in National Economies in East Asia

The Role of SMEs in National Economies in East Asia PDF Author: Charles Harvie
Publisher: Edward Elgar Publishing
ISBN: 9781781959558
Category : Business & Economics
Languages : en
Pages : 432

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Book Description
'The book deserves to be read by those who take an interest in industrial development and SMEs in the region. It provides good basic reading before executing more in-depth study into a particular country or sector.' - Henry Sandee, ASEAN Economic Bulletin This volume presents detailed analyses of the role and significance of Small and Medium sized Enterprises (SMEs) in the economies of East Asia. Various aspects of SME operations are studied, including: * the role and significance of networking in the conduct of business * the contribution of culture to business acumen and entrepreneurialism * human resource development constraints and issues * technology transfer processes * the utilisation and application of information technology by SMEs * the impact of electronic commerce * the policy framework needed to stimulate the growth of the SME sector.

The Role of SMEs in National Economies in East Asia

The Role of SMEs in National Economies in East Asia PDF Author: Charles Harvie
Publisher: Edward Elgar Publishing
ISBN: 9781781959558
Category : Business & Economics
Languages : en
Pages : 432

Get Book Here

Book Description
'The book deserves to be read by those who take an interest in industrial development and SMEs in the region. It provides good basic reading before executing more in-depth study into a particular country or sector.' - Henry Sandee, ASEAN Economic Bulletin This volume presents detailed analyses of the role and significance of Small and Medium sized Enterprises (SMEs) in the economies of East Asia. Various aspects of SME operations are studied, including: * the role and significance of networking in the conduct of business * the contribution of culture to business acumen and entrepreneurialism * human resource development constraints and issues * technology transfer processes * the utilisation and application of information technology by SMEs * the impact of electronic commerce * the policy framework needed to stimulate the growth of the SME sector.

SMEs in Developing Asia

SMEs in Developing Asia PDF Author: Paul Vandenberg
Publisher:
ISBN: 9784899740674
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
A vibrant stratum of small and medium-sized enterprises (SMEs) is critical for the growth and development of Asian economies. These enterprises generate employment, contribute to investment, participate in value chains, and support innovation. SMEs that seek to sustain and grow their operations, however, face a variety of constraints, many of which are directly related to size. These so-called "size-induced market failures" create a role for public policy interventions by governments throughout the region. This book focuses on the market failures encountered by enterprises in the key areas of technology and innovation, credit and finance, education and skills, and market access. Obstacles to participation in the rapidly expanding regional and global value chains are also examined. Among a variety of issues, the book explores the "missing middle" in credit facilities for enterprises that are beyond microcredit but not yet able to secure regular loans from banks. The book investigates the barriers to innovation and how best to combine internal and external research and development. It also looks at the hiring versus training options to build human capital. The various chapter authors examine national and multicountry experiences in South and East Asia, ranging from those in Pakistan to Japan.

SMEs and Economic Integration in Southeast Asia

SMEs and Economic Integration in Southeast Asia PDF Author: Cassey Lee
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 981481878X
Category : Business & Economics
Languages : en
Pages : 659

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Book Description
Small and medium-sized enterprises (SMEs) account for about 97–99 per cent of total enterprises and 60–80 per cent of total employment in ASEAN countries. The participation of SMEs is thus crucial for achieving greater regional economic integration amongst ASEAN countries. SMEs are, however, often constrained by many disadvantages that limit their abilities to become importers and exporters. This is well documented in the research literature on trade and firm size. This volume contains selected ASEAN country studies on the participation of SMEs in regional economic integration based on primary microdata. This is supplemented by empirical studies on the role played by East Asian multinational enterprises in the region. "The editors and authors of SMEs and Economic Integration in Southeast Asia are to be congratulated for this major contribution to the scholarly and policy literature on a subject of much public discussion but limited analytical research. The emphasis on economic integration highlights the importance of these firms in Southeast Asia’s growing regional and global engagement. The thirteen chapters, by leading authors in the field, comprise both insightful country analyses and careful examination of the links between SMEs and foreign investment." Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, Australian National University

SME Policy Index: ASEAN 2018

SME Policy Index: ASEAN 2018 PDF Author: Collectif
Publisher: OECD
ISBN: 9264306978
Category : Business & Economics
Languages : en
Pages : 484

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Book Description
The SME Policy Index is a benchmarking tool for emerging economies to monitor and evaluate progress in policies that support small and medium-sized enterprises. The ASEAN SME Policy Index 2018 is a joint effort between the Economic Research Institute for ASEAN and East-Asia (ERIA), the Organisation for Economic Co-operation and Development (OECD) and the ASEAN Coordinating Committee on Micro, Small and Medium Enterprises (ACCMSME). The report is the outcome of work conducted by the ten ASEAN Member States (Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam). Divided into eight policy dimensions, it builds on the previous edition of the ASEAN SME Policy Index 2014. The current edition presents an updated methodology which makes this document a powerful tool to assess the strengths and weaknesses that exist in policy design, implementation, and monitoring and evaluation for SMEs, and allows for a benchmarking of the level to which the ASEAN Strategic Action Plan for SME Development (SAP SMED) 2016-2025 has been implemented. Its objective is to enhance the capacity of policy makers to identify policy areas for future reform, as well as implement reforms in accordance with international good practices. The report provides a regional perspective on recent developments in SME-related policies in Southeast Asia as well as in individual ASEAN Member States. Based on this analysis the report provides a menu of concrete policy options for the region and for the individual countries.

Sustaining Growth and Performance in East Asia

Sustaining Growth and Performance in East Asia PDF Author: Charles Harvie
Publisher: Edward Elgar Publishing
ISBN: 9781845425630
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
This third book in the series focuses on how small and medium sized enterprises (SMEs) contribute to achieving and sustaining growth and performance in their economies, as well as the ways in which governments can assist and enhance that contribution. This is of particular concern given the trauma suffered by East Asian economies in the wake of the financial and economic crisis of 1997-98. Faced with the need to restructure and reform their economies and thereby achieve a firm foundation for future sustainable growth, many East Asian countries actively pursued SME growth, focusing on the encouragement of entrepreneurialism in the private sector. Drawing on the insights of a wide range of SME experts, the book provides a broad coverage of important aspects of SMEs, including: the contribution of micro-enterprises to economic recovery and poverty alleviation measurement and evaluation issues managing knowledge development ethical values in SMEs the internationalisation process entry mode decisions in export markets technological sourcing and use of the Internet. Presenting a contemporary analysis of SME developments in East Asia, both academics and policymakers will find Sustaining Growth and Performance in East Asia of great interest.

Policy Guidebook for SME Development in Asia and the Pacific

Policy Guidebook for SME Development in Asia and the Pacific PDF Author: Masato Abe
Publisher: UN
ISBN: 9789211206364
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Small and medium-sized enterprises (SMEs), including start-ups and microenterprises, have emerged as an engine of growth for most of the countries in Asia and the Pacific. Their contributions are well-known; they increase production and exports, generate employment and facilitate income growth amongst the population. SMEs serve as a seedbed for enterprise development. Each country has evolved its own policies, institutional framework and support mechanisms for SMEs according to its needs, stage of economic development and culture. The experience of each one of them is unique. Developing a policy guidebook for SME development in the developing countries of the Asia-Pacific region has been a daunting task, when the variety of experiences and the varied policies and programmes of each country are taken into consideration. This book documents specific policy guidelines based on various countries' strategies, their best practices and their applicability in the context of development of SMEs in Asia and the Pacific in addition to the vast experience and expertise of the contributors, researchers and authors of the publication. Many countries as well as various multilateral and bilateral development agencies have implemented a variety of interventions in Asia and the Pacific in line with their SME development strategies, typically in the following key areas: (a) Business environment, including policy and regulatory framework and infrastructure development; (b) Entrepreneurship; (c) Financing; (d) Business development services; (e) Innovation and technology; and (f) Market access. Their interventions typically use several modalities to address the key issues, including policy advocacy, institutional capacity building, human resource development and direct support to enterprises. This comprehensive review of the SME policies and programmes in Asia and the Pacific demonstrates that the nations of the region appreciate the importance of SME development. The SME sector in many countries in the region suffers from numerous threats and challenges that necessitate a proactive approach from policymakers. National governments and various stakeholders in charge of policy planning would do well to recognize not only the threats and challenges, but also the changing needs of SMEs. In this regard, the following useful guidelines are identified for effective policymaking: (a) The reduction of entry barriers (and thus costs) for new businesses; (b) The importance of cash flow to SMEs -- the major reason most new and small businesses fail is not a lack of profits but a lack of cash; (c) The strengthening of entrepreneurship through training and education; and (d) The strengthening of networking and information dissemination, given the fact that a lack of networks and information hinders effective deployment of technology and business development services as well as collaboration with other firms. This publication should provide the basis for deliberations on policy formulation for SME development in Asia and the Pacific, developing and refining the institutional framework based on intercountry experiences. Implementation of policy options and their appropriate selection, based on key factors, is highlighted. The book may also serve as a training manual for entrepreneurs, educators and business associations, such as chambers of commerce and industry, for building up the capacity of SMEs.

Financial Inclusion of Small and Medium-Sized Enterprises in the Middle East and Central Asia

Financial Inclusion of Small and Medium-Sized Enterprises in the Middle East and Central Asia PDF Author: Mr.Nicolas R Blancher
Publisher: International Monetary Fund
ISBN: 1484398173
Category : Business & Economics
Languages : en
Pages : 73

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Book Description
The importance of financial inclusion is increasingly recognized by policymakers around the world. Small and medium-sized enterprise (SME) financial inclusion, in particular, is at the core of the economic diversification and growth challenges many countries are facing. In the Middle East and Central Asia (MENAP and CCA) regions, SMEs represent an important share of firms, but the regions lag most others in terms of SME access to financing.

East Asian Economies

East Asian Economies PDF Author: Toshihiko Kawagoe
Publisher: Institute of Southeast Asian Studies
ISBN: 9813016973
Category : Political Science
Languages : en
Pages : 435

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Book Description
East Asia is regarded as growth center in the world today, even as political tension in that region remains high. Economic growth has spilled over from Japan to the Asian newly industrialized economies, as well as to the middle-income countries of the Association of Southeast Asian Nation (ASEAN) through foreign trade and investment. Despite economic growth, an East Asian multilateral security scheme was never created. Will this situation change in the new international environment? With these trends in mind, the collection of articles in this volume sheds light on economic and political issues of natural in East Asia. The articles discuss a comprehensive range of topics:Macroeconomic performance,foreign direct investment, trade policies, financial markets, security arrangements, surveys of recent developments in South Korea, People's Republic of China, and Taiwan.Integration within ASEAN focusing on AFTA and sub-regional co-operation. Integration of Indochinese economies in to greater Southeast Asian markets.

Entrepreneurship and SMEs in Southeast Asia

Entrepreneurship and SMEs in Southeast Asia PDF Author: Denis Hew Wei-Yen
Publisher: Institute of Southeast Asian Studies
ISBN: 9812302514
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
This study looks at the increasingly important role of entrepreneurship and small and medium enterprises (SMEs) as agents of development. The book also focuses on the new policy initiatives by the different governments as they address the issues affecting the development of SMEs themselves.

Production Networks and Enterprises in East Asia

Production Networks and Enterprises in East Asia PDF Author: Ganeshan Wignaraja
Publisher: Springer
ISBN: 9784431566595
Category : Business & Economics
Languages : en
Pages : 326

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Book Description
The book provides a comprehensive examination of patterns and determinants of production networks in East Asia, a key driver in the region’s global success. It provides the reader with an accessible understanding of the theoretical literature on production networks and recent developments in empirical analysis at the industry and firm-levels. The topics covered in the book include: gross trade in parts and components and gravity models, trade in value added, industry case studies, and micro data econometric studies of firm heterogeneity in production networks. The micro data econometric studies explore key aspects of the heterogeneity of firms in East Asian production networks such as technological capability, the entry of small and medium enterprises into production networks, business use of free trade agreements, and access to credit. Blending new sources of data, empirical tools and econometric methods this book is highly recommended for readers who seek to understand the workings of the complex web of production networks in East Asia.