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Micro-, Small- and Medium-Sized Enterprises (MSMEs): Challenges, Opportunities and Sustainability in East Asia

Chapter


Abstract


  • The potential contribution of micro-, small- and medium-sized enterprises (MSMEs) to sustainable, broad-based and inclusive growth in both developed and developing economies is widely recognised in both the academic and policy literature. MSMEs contribute significantly to employment, output, exports, poverty alleviation, economic empowerment and the wider distribution of wealth1 (Harvie, 2002, 2008; Harvie and Lee, 2002, 2005; Asasen et al., 2003). Despite this they face many difficulties, most of which stem from their small size and limited resources and capacity. Intensification of competition in domestic and international markets arising from the process of globalisation, regional economic integration, domestic reforms and competition from large domestic and multinational enterprises combine to create a challenging market environment.

Publication Date


  • 2019

Citation


  • Harvie, C. (2019). Micro-, Small- and Medium-Sized Enterprises (MSMEs): Challenges, Opportunities and Sustainability in East Asia. In K. Jayanthakumaran, N. Shukla, C. Harvie & O. Erdenetsogt (Eds.), Trade Logistics in Landlocked and Resource Cursed Asian Countries (pp. 155-173). Singapore: Palgrave Macmillan. https://www.palgrave.com/gp/book/9789811368134

International Standard Book Number (isbn) 13


  • 9789811368141

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/1580

Book Title


  • Trade Logistics in Landlocked and Resource Cursed Asian Countries

Start Page


  • 155

End Page


  • 173

Place Of Publication


  • Singapore

Abstract


  • The potential contribution of micro-, small- and medium-sized enterprises (MSMEs) to sustainable, broad-based and inclusive growth in both developed and developing economies is widely recognised in both the academic and policy literature. MSMEs contribute significantly to employment, output, exports, poverty alleviation, economic empowerment and the wider distribution of wealth1 (Harvie, 2002, 2008; Harvie and Lee, 2002, 2005; Asasen et al., 2003). Despite this they face many difficulties, most of which stem from their small size and limited resources and capacity. Intensification of competition in domestic and international markets arising from the process of globalisation, regional economic integration, domestic reforms and competition from large domestic and multinational enterprises combine to create a challenging market environment.

Publication Date


  • 2019

Citation


  • Harvie, C. (2019). Micro-, Small- and Medium-Sized Enterprises (MSMEs): Challenges, Opportunities and Sustainability in East Asia. In K. Jayanthakumaran, N. Shukla, C. Harvie & O. Erdenetsogt (Eds.), Trade Logistics in Landlocked and Resource Cursed Asian Countries (pp. 155-173). Singapore: Palgrave Macmillan. https://www.palgrave.com/gp/book/9789811368134

International Standard Book Number (isbn) 13


  • 9789811368141

Ro Metadata Url


  • http://ro.uow.edu.au/buspapers/1580

Book Title


  • Trade Logistics in Landlocked and Resource Cursed Asian Countries

Start Page


  • 155

End Page


  • 173

Place Of Publication


  • Singapore