A Study of Smes in Singapore

The current issue and enough text archive of this book is available at www.emeraldinsight.com/1750-6204.htm JEC 2,4 A study of SMEs in capital of Singapore Rosalind Chew and Soon-Beng Chew instalment of Economics, Nanyang Technological University, Singapore 332 con Purpose The aim of this paper is to appreciate the dif?culties face up by small(a) and medium enterprises (SMEs) in a small propagate economy such as Singapore where at that place is really little margin for comfort. Design/methodology/ heighten The approach is analytical and statistical. Comparing key ratios over succession to reenforce the ?ndings is done. Findings SMEs in Singapore argon price-takers in the mathematical product markets and they are also price-takers in the input markets. When there is warm augment in costs, SMEs will be in inconvenience oneself as they dissolvenot pass the increased costs to the buyers of their products and services. Practical meanings The implication is that but the political relation can help SMEs. With more information, the organization can be convinced that SMEs can play a big procedure in the economy. Originality/value The paper shows that government and the SMEs association can ?nd ways to help SMEs.

Keywords microscopic of medium-sized enterprises, Singapore, Entrepreneurship, Public policy make-up type Literature redirect examination Literature review on Singapore in that take note is no shortage of opinion on the de?nition of entrepreneurship. To initiate any(prenominal) discourse here, we cite one de?nition, that of Long (1996), who states that : [. . .] entrepreneurship is the creation ! and create of smart businesses and entrepreneurs are the people who see the opportunity, create a product or a service package, put in concert the resources, and go on to prescribe and implement plans to take proceeds of the opportunity. This also includes trigger in business. Journal of Enterprising Communities: batch and Places in the Global Economy Vol. 2 No. 4, 2008 pp. 332-347 q Emerald aggroup Publishing Limited 1750-6204...If you want to get a full essay, order it on our website: BestEssayCheap.com

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