Small and Medium Enterprises in Asian Pacific Countries: Development prospects

Small and Medium Enterprises in Asian Pacific Countries: Development prospects PDF Author: Moha Asri Hj. Abdullah
Publisher: Nova Publishers
ISBN: 9781560727989
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
These books provides an overall account of small and medium enterprises in selected Asia-Pacific countries such as Singapore, Malaysia, South Korea, Thailand, Philippines, China, Indonesia, Japan, Australia, New Zealand, United Kingdom and Canada. All of these countries have given high policy agenda on the development of small and medium enterprises since SMEs contribute significantly to the respective national economic development. The books therefore provides various experiences on SMEs, issues and challenges, incentive and policies adopted by various governments and, more significantly, prospects for growth and development potential of SMEs in the new millennium.

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.

Small and Medium Enterprises in Asian Pacific Countries: Roles and issues

Small and Medium Enterprises in Asian Pacific Countries: Roles and issues PDF Author: Moha Asri Hj. Abdullah
Publisher: Nova Publishers
ISBN: 9781560727965
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
These books provides an overall account of small and medium enterprises in selected Asia-Pacific countries such as Singapore, Malaysia, South Korea, Thailand, Philippines, China, Indonesia, Japan, Australia, New Zealand, United Kingdom and Canada. All of these countries have given high policy agenda on the development of small and medium enterprises since SMEs contribute significantly to the respective national economic development. The books therefore provides various experiences on SMEs, issues and challenges, incentive and policies adopted by various governments and, more significantly, prospects for growth and development potential of SMEs in the new millennium.

Small and Medium Enterprises in Asian Pacific Countries: Linkages and policy support

Small and Medium Enterprises in Asian Pacific Countries: Linkages and policy support PDF Author: Moha Asri Hj. Abdullah
Publisher: Nova Biomedical Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Presents selected papers from a September 1999 conference organized by the Center for Policy Research, University Science Malaysia, focusing on linkages and clusters in SMEs. Discusses building of business relationships and possible supply linkages through SMEs, and looks at efforts towards industrial development through linkages and reorganization of industrial clustering for SMEs with respect to the Japanese experience. Discusses policy in supporting SMEs in the UK with some lessons for Asian countries, and describes programs for financial support, policy reform, and business training. The editors are affiliated with University Science Malaysia. Annotation copyrighted by Book News, Inc., Portland, OR

Development of Small & Medium Enterprises in Asean Countries

Development of Small & Medium Enterprises in Asean Countries PDF Author: Tulus Tambunan
Publisher: Readworthy
ISBN: 9350181053
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
In developing countries, small and medium enterprises (SMEs) have a crucial role to play because of their potential contributions to employment generation, improvement of income distribution, poverty reduction, export growth, and development of rural economy. It is in this context that the present book makes a comprehensive in ASEAN countries Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Myanmar, of SMEs is studied with special focus on growth in out put and number of units, export growth, subcontracting and supporting industries, and development of clusters. The major constraints in the development of SMEs have also been dealt with.

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 in Asian Developing Countries

SMEs in Asian Developing Countries PDF Author: Tulus Tahi Hamonangan Tambunan
Publisher: Springer
ISBN: 0230250947
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
Analyzing the development of small and medium enterprises (SMEs) in Asian developing countries, the book is based on a survey of key literature and data on SMEs with the focus on; recent development, export performance, main constraints, competitiveness, innovation and technology transfer, and female entrepreneurs.

The Innovation Imperative for Developing East Asia

The Innovation Imperative for Developing East Asia PDF Author: Xavier Cirera
Publisher: World Bank Publications
ISBN: 1464816565
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
After a half century of transformative economic progress that moved hundreds of millions of people out of poverty, countries in developing East Asia are facing an array of challenges to their future development. Slowed productivity growth, increased fragility of the global trading system,and rapid changes in technology are all threatening export-oriented, labor-intensive manufacturing—the region’s engine of growth. Significant global challenges—such as climate change and the COVID-19 pandemic—are exacerbating economic vulnerability. These developments raise questions about whether the region’s past model of development can continue to deliver rapid growth and poverty reduction.Against this background, The Innovation Imperative in Developing East Asia aims to deepen understanding of the role of innovation in future development. The report examines the state of innovation in the region and analyzes the main constraints that firms and countries face to innovating. It assesses current policies and institutions, and lays out an agenda for action to spur more innovation-led growth.A key finding of the report is that countries’ current innovation policies are not aligned with their capabilities and needs. Policies need to strengthen the capacity of firms to innovate and support technological diffusion rather than just invention. Policy makers also need to eliminate policy biases against innovation in services, a sector that is growing in economic importance. Moreover, countries need to strengthen key complementary factors for innovation, including firms’ managerial quality, workers’ skills, and finance for innovation.Countries in developing East Asia would also do well to deepen their tradition of international openness, which could foster openness in other parts of the world. Doing so would help sustain the flows of ideas, trade, investment, and people that facilitate the creation and diffusion of knowledge for innovation.

Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies

Insolvency Prospects Among Small-and-Medium-Sized Enterprises in Advanced Economies PDF Author: Mr.Federico J Diez
Publisher: International Monetary Fund
ISBN: 1513574566
Category : Business & Economics
Languages : en
Pages : 29

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Book Description
The COVID-19 pandemic has increased insolvency risks, especially among small and medium enterprises (SMEs), which are vastly overrepresented in hard-hit sectors. Without government intervention, even firms that are viable a priori could end up being liquidated—particularly in sectors characterized by labor-intensive technologies, threatening both macroeconomic and social stability. This staff discussion note assesses the impact of the pandemic on SME insolvency risks and policy options to address them. It quantifies the impact of weaker aggregate demand, changes in sectoral consumption patterns, and lockdowns on firm balance sheets and estimates the impact of a range of policy options, for a large sample of SMEs in (mostly) advanced economies.

Growing Smarter

Growing Smarter PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464812691
Category : Education
Languages : en
Pages : 472

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Book Description
One-quarter of the world’s school-age children live in East Asia and Pacific. During the past 50 years, some economies in the region have successfully transformed themselves by investing in the continuous upgrading of the knowledge, skills, and abilities of their workforce. Through policy foresight, they have produced graduates with new levels of knowledge and skills almost as fast as industries have increased their demand for skilled workers.Yet the success of these high-performing systems has not been replicated throughout the region. Tens of millions of students are in school but not learning, and as many as 60 percent of students remain in school systems that are struggling to escape from the global learning crisis or in systems where performance is likely poor. Many students in these systems fail to reach basic levels of proficiency in key subjects and are greatly disadvantaged because of it.Growing Smarter: Learning and Equitable Development in East Asia and Pacific focuses on the experiences of economies in the region that have been able to expand schooling and learning and showcases those that have managed to pursue successful education reforms at scale. By examining these experiences, the report provides both diagnoses and detailed recommendations for improvement not only for education systems within East Asia and Pacific but also for countries across the globe. In East Asia and Pacific, the impressive record of success in education in some low- and middle-income countries is proof of concept that schooling in resource-constrained contexts can lead to learning for all. This report identifies the policies and practices necessary to ensure that students learn and suggests how countries can improve learning outcomes.