A Study of Smes in Singapore

The current issue and skillful text archive of this leger 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 defraud Purpose The aim of this paper is to appreciate the dif?culties face up by lilliputian and medium enterprises (SMEs) in a small propagate economy such as Singapore where in that location is really little margin for comfort. Design/methodology/ heighten The approach is analytical and statistical. Comparing key ratios over meter to reenforce the ?ndings is done. Findings SMEs in Singapore argon price-takers in the overlap markets and they are also price-takers in the input markets. When there is firm augment in costs, SMEs will be in hold out as they dissolvenot pass the increased costs to the buyers of their products and services. Practical synthesiss The implication is that but the political science can help SMEs. With more information, the government 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 wasted of medium-sized enterprises, Singapore, Entrepreneurship, Public policy make-up type Literature look backward Literature review on Singapore in that see is no shortage of opinion on the de?nition of entrepreneurship. To initiate about discourse here, we cite one de?nition, that of Long (1996), who states that: [. . .] entrepreneurship is the creation and grammatical construction of smart businesses and entrepreneurs are the people who see the o! pportunity, create a product or a service package, put in concert the resources, and go on to prescribe and implement plans to take receipts of the opportunity. This also includes trigger in business. Journal of Enterprising Communities: community and Places in the Global Economy Vol. 2 No. 4, 2008 pp. 332-347 q Emerald sort Publishing Limited 1750-6204...If you want to get a full essay, order it on our website: OrderEssay.net

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