Download or read book The Changing Role of SMEs in Global Business written by Alkis Thrassou and published by Springer Nature. This book was released on 2020-11-08 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book European SME s and Global Business written by Henry Langseth and published by Cambridge Scholars Publishing. This book was released on 2009-05-05 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalisation has instigated huge changes in the competitive environment for business entrepreneurs, and both large and small firms now frequently operate in similar conditions. Most research studies in international business have tended to focus on the market growth and internationalisation of large-scale and multinational companies as opposed to the experiences of more small-scale enterprises. The research outlined in this volume is radical and different in this regard. Employing cases studies from a range of Norwegian-based SMEs (Small-to-Medium-based enterprises), this volume explores the diverse factors which influence the speed of entrepreneurial internationalisation and the significance of this development for both the entrepreneur and the government bodies which provide support to such businesses. Market advantage frequently accrues to those who enterprises who internationalise quickly and who are quicker than others to embrace both foreign markets and a more internationally-focussed signature brand or identity. This research outlined here is an important addition to the growing body of literature which analyses the forces influencing modern-day market internationalisation.

Download or read book The role of small and medium sized enterprises SMEs in Europe s economy written by Svetlana Shirobakina and published by GRIN Verlag. This book was released on 2006-07-18 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2004 in the subject Business economics - Miscellaneous, grade: 1,3, University of Lincoln, course: B.A. European Business, language: English, abstract: The Lisbon European Council of March 2000 set the European Union a new strategic objective for the coming years:to become the most competitive and dynamic knowledge-based economy in the world, capable of sustained economic growth with more and better jobs and greater social cohesion. It is considered that Europe’s competitiveness and economic progress is strong dependent on its small and medium-sized enterprises, which are the key-source for job creating as well as for searching for new business ideas and innovative solutions, its main driver for entrepreneurship. For this reason, the European Council endorsed the “think small first” principle as one way to progress towards the Lisbon objectives. The idea of the small business has captured the imagination of the public and politicians over past years. They agree in the point that to meet the challenge of new integrated Europe requires a better business environment within the Internal Market, including the lightest possible administrative and regulatory burdens for small businesses and a better access to finance resources as well as creating of simple and effective legislation. It also requires a revolution in attitudes to entrepreneurship and to risk-taking processes, which will allow viewing failure as a part of experience, as an “opportunity to learn” from mistakes. They also emphasise the fact that small enterprises are normally more sensitive to changes in the business environment than large firms. They are the first to suffer if weighed down with excessive bureaucracy and creating new administrative burdens. And they are the first to flourish from initiatives such as decrease in taxation rate and promotion. My essay aims to answer the question to what extent the EU’s main market integration initiatives address the needs of SME’s and what should be done on the way to developing strong, competitive SMEs which would use all benefits from the Single European Market. It is important to define what we mean by SMEs before proceeding to answer these questions. For the purpose of this essay, SMEs are defined as non-subsidiary, independent firms, which employ less than 250 employees. We have to take into account the fact that this number may vary across national statistical systems. [...]

Download or read book The Changing Role of SMEs in Global Business written by Alkis Thrassou and published by Springer Nature. This book was released on 2020-11-13 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 second 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, for example management, strategy, marketing, economics and finance. While Volume I focuses on the individual SME and internal issues such as innovation, quality, and digitization, this second volume explores external issues such as contextual forces, the effects of the financial crisis, and macro-economic effects.

Download or read book The Consequences of the International Crisis for European SMEs written by Bruno Dallago and published by Routledge. This book was released on 2012-12-07 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explores how, to what extent and with what consequences the international crisis of 2007-2008 and the recession which followed have affected European SMEs (small and medium enterprises) in both the well established market economies of the old member countries and in the post-transformation new member countries, and what can be done at the institutional and political level to uphold them.

Download or read book Doing Business in Europe written by Gabriele Suder and published by SAGE. This book was released on 2011-12-31 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electronic Inspection Copy available for instructors here This new edition of Doing Business in Europe covers all of the key topics covered on European Business courses at both undergraduate and postgraduate level, making it a must-have for students and practitioners alike. Written in a clear and accessible way, this new textbook has been fully revised and updated to take into account recent developments in Europe, changing European Union policies and the resulting business implications. This new edition draws a stronger link between the European business environment and the real business implications facing companies operating in Europe. This easy-to-follow text addresses the challenges and opportunities facing those doing business in Europe, while setting these in a global context. New to this edition: - Expanded coverage of lobbying, SMEs and globalization - New real-life case studies using a wide range of examples from across Europe - Extensive pedagogical features including a glossary, revised discussion questions and more mini case studies An accompanying comprehensive companion website www.sagepub.co.uk/suder2e provides you with full-text journal articles, an Instructor′s Manual, PowerPoint slides and a country-by-country study. The website also provides additional case studies, video material, and a multiple choice testbank for lecturers.

Download or read book A Road Map to the Development of European SME Networks written by Agostino Villa and published by Springer Science & Business Media. This book was released on 2008-10-03 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent European Commission studies recall the urgency of promoting new and more robust Small and Medium-sized Enterprises (SMEs), due to the rise of enormous global markets and the emergence of a new industrial system originating from the distinctly different business culture of the Far East. A “road map” for the survival of SMEs in Europe must be based on an accurate analysis of the most significant causes behind the weaknesses of SMEs. Several research projects conclude that SMEs must join together to create “networks”. Yet the majority of the existing networks suffer from a lack of real coordination: it is clear that a method for analyzing the governance of the network and its collaboration efficiency is essential for assuring effective performance. “A Road Map to the Development of European SME Networks” addresses this task: describing the method of analysis, allowing comparisons to be made between SME networks in different European countries, and providing information on a supporting web site.

Download or read book Enhancing the Role of SMEs in Global Value Chains written by OECD and published by OECD Publishing. This book was released on 2008-10-23 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies the ways in which governments, the business community, and international organisations can facilitate SMEs’ gainful participation in global value chains through policies, practices and targeted support programmes.

Download or read book New Models of Financing and Financial Reporting for European SMEs written by Eva Kaili and published by Springer. This book was released on 2019-02-28 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the 23 million registered Small and Medium Enterprises (SMEs) that make up 98 per cent of the EU economy. Addressing the high end of SMEs in terms of new models for SME funding and financial reporting, this merged way of looking at SMEs reveals a ‘myopic’ thinking in terms of net present value and (future) cash flows generating short-termism and low risk appetite for business. This is not an accounting issue, but rather a preference toward certain financial tools. A segment of SMEs, the ones that seek new ways of funding possibilities, as well as modern technologies (MTFs listing, blockchain, ICOs, etc.) do require, even without knowing, IFRS for SMEs. This book reveals how market conditions impact the financial performance and sustainability of SMEs and also generate innovative policy interventions and financing strategies for SME integrity and efficiency. The authors frame their arguments in the context of the Capital Markets Union, looking at the Innovation Triangle, SME growth ecosystem and business models. They conclude by advocating for closing the circle of financing and financial reporting for SMEs, while considering if new financial models of financing and financial reporting are good for all the SMEs or only for some. The economy is being shaped by new models of financing and financial reporting. Read this practitioners’ view to understand the current changes and challenges.

Download or read book Global Perspectives on Small and Medium Enterprises and Strategic Information Systems International Approaches written by Bharati, Pratyush and published by IGI Global. This book was released on 2010-04-30 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium-sized enterprises (SMEs) play a critical role in rejuvenating and sustaining the modern economy, generating substantial employment and serving as important innovation engines for the global economy. Global Perspectives on Small and Medium Enterprises and Strategic Information Systems: International Approaches aims to spread research conducted on SMEs internationally and place it at the disposal of academics, practitioners, consultants, the vendor community, and policymakers. The goal of this book is to highlight the challenges faced by SMEs and how they are coping with the adverse environment through skillful use of IT and technologies such as Web 2.0, Enterprise Resource Planning (ERP), e-commerce, open source software, Business Process Digitization (BPD), and other emerging technologies.

Download or read book European Business written by Debra Johnson and published by Routledge. This book was released on 2015-10-06 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third edition of European Business is published at a time of turbulence in Europe. This uncertainty puts Europe's unique business environment at risk. Key features of the new edition include: assessments of how individual member states affect the integration process and bring diversity to European business; new material on the links between Europe and the World’s other main regions, including emerging economies; new case studies on topics such as the rise of the BRICs, the energy crisis, enlargement and the Euro. The book retains popular pedagogical features to help students make sense of a confusing and complex environment. A unique and accessible text, the book is ideal reading for students of European and International Business and important additional reading for those interested in European politics and economics.

Download or read book Key Success Factors of SME Internationalisation written by Noémie Dominguez and published by Emerald Group Publishing. This book was released on 2018-08-22 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collective book offers a cross-country perspective on the internationalisation of small and medium-sized enterprises (SMEs). Scholars from prestigious institutions in Europe, North America, Australia and China provide new insights on how SMEs develop and perform their international activities.

Download or read book Handbook of Research on International Entrepreneurship Strategy written by Pervez N. Ghauri and published by Edward Elgar Publishing. This book was released on 2015-11-27 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Motivating SMEs to Cooperate and Internationalize written by George Tesar and published by Routledge. This book was released on 2017-09-18 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in generally expanding the understanding of small and medium-sized enterprises, especially understanding their strategies and operations to enter international markets, is growing rapidly among researchers and academics globally. Government officials, regional and economic specialists, and international trade advisers are directly involved in assisting small and medium-sized enterprises in developing their international marketing expertise. Motivating SMEs to Cooperate and Internationalize consists of research studies, cases, and experiences obtained by researchers and academics from managers of small and medium-sized enterprises in Northern Europe as they worked closely with managers on issues and problems leading to internationalization of enterprises. This book will map not only the attempts of small and medium-sized enterprises in Northern Europe to enter foreign markets, but also to understand how researchers and academics can help small and medium-sized Northern European enterprisers achieve their objectives. This compilation of approaches, perspectives, and experiences will serve as a resource tool for researchers and academics active in international management training programs worldwide and help illustrate how to close the gap between publishing results of their findings and efforts to disseminate their findings among managers of small and medium-sized enterprises in their domains. This book is the first attempt to integrate results of research studies and practices as an illustration of how knowledge of small and medium-sized enterprises has evolved since the 1980s with the contributions of individual researchers and academics in Northern Europe. It will be of relevance to academics and researchers interested in working closely with small and medium-sized enterprises to meet their goals in entering international markets.

Download or read book European Business written by Simon Mercado and published by Pearson Education. This book was released on 2001 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Course names: European Business. Degrees: BABS; European BABS; Politics; Economics. The module is usually an elective except on specialised European Business degrees. Also used commonly as secondary reading. This text examines the question of how the future of the European Union will affect organisations operating in member states. The business environment in Europe continues to change as the moves toward integration gathers pace. It is inevitable that this new environment will present new challenges to key players and businesses operating in Europe. This text therefore provides a comprehensive and general overview of the key topics for students who need to understand the complexities of the EU. In addition to addressing the present and likely future issues, each chapter contains discussion questions, a case study and questions on the case to test the students' understanding of the topics covered.

Download or read book European Born Globals written by Irene Mandl and published by Routledge. This book was released on 2017-09-22 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the global recession, job creation is a policy priority. While it is a well-accepted fact that the majority of jobs are created by small and medium-sized enterprises, not all SMEs are rapidly growing, or even intend to expand. With limited public budgets, business models within the SME population that do show high job creation potential become very attractive. One of the business types identified as major engines of job creation are ‘born globals’ characterised as firms which engage intensively in internationalisation activities shortly after start-up. They are high on the entrepreneurship research agenda but so far little attention has been devoted to their potential as job creators, the processes they apply when hiring and the barriers they face. Through a combination of secondary data analysis, literature reviews and international case studies, European Born Globals sheds new light on the motivations and processes of job creation in born global firms. It will contribute to understanding the ‘why’ and ‘how’ of job creation in born globals, essential not only for policy makers, but also for academic research and management education.

Download or read book A Road Map to the Development of European SME Networks written by Agostino Villa and published by Springer. This book was released on 2009-08-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent European Commission studies recall the urgency of promoting new and more robust Small and Medium-sized Enterprises (SMEs), due to the rise of enormous global markets and the emergence of a new industrial system originating from the distinctly different business culture of the Far East. A “road map” for the survival of SMEs in Europe must be based on an accurate analysis of the most significant causes behind the weaknesses of SMEs. Several research projects conclude that SMEs must join together to create “networks”. Yet the majority of the existing networks suffer from a lack of real coordination: it is clear that a method for analyzing the governance of the network and its collaboration efficiency is essential for assuring effective performance. “A Road Map to the Development of European SME Networks” addresses this task: describing the method of analysis, allowing comparisons to be made between SME networks in different European countries, and providing information on a supporting web site.