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Key Factors of SMEs Development

Related Document
Frame of Image e — A Surge of Major Technology Breakthroughs — Increasing Globalization Increasing — Even More Incentive to Innovate while Cutting Even
Costs
Four Major Issues in Small Business
— What are the barriers to entry,
inhibitors to growth, and detriments to the health of small business and entrepreneurship today?
— The identification of the major forces
that will be responsible for the changes in the environment for small business and entrepreneurship
— The vision of the environment for small business The
and entrepreneurship in the future and
— What changes in government policy, programs and
processes are needed to address the needs of small business and entrepreneurship ?
Four Major Changing Trends for Small Business
Trend 1: Rapid change will continue and a sense of impermanence will grow.
Trend 1
1) Downsizing signals restructuring 1) Downsizing 2) Globalization will increasingly inf luence how small businesses operate. 3) Advances in technology will affect competitiveness of small business.
4) Customization and Individualization
of products and services will become more common. 5) New patterns of connectivity will develop among f irms. 6) Society and small business will be changed by impermanence and individualism.
Trend 2: Heterogeneity, diversity, and complexity will continue to be hallmarks of the small business sector.
Trend 2
1) Heterogeneous small businesses will continue to be challenged by the variety of their differences. 2) The nature and form of small businesses


Full Text
Title Key Factors of SMEs Development
Similar Titles
Material Type Proceedings
Author(English)

Yoon, Heon-Deak

Author(Korean)

윤현덕

Date 2014-03
Event

Economic Development Strategy for CIS Countries

Pages 23
Language English
File Type Documents
Original Format pdf
Subject Economy < General
Economy < Macroeconomics
Economy < Economic Administration
Industry and Technology < Entrepreneurship
Holding KDI School of Public Policy and Management