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A Taxonomy Of Sme Development Schemes

Author

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  • THIAN SER TOH

    (Singapore Management University, Singapore)

Abstract

"Small and medium enterprises (SMEs) form the largest pool of enterprises in most countries. Asian governments have developed a plethora of SME assistance schemes but not many do not appear to be effective. One reason for this may be a potential clash in policy objectives. This paper develops a taxonomy for classifying SME assistance schemes based on four broad policy orientations - welfare, efficiency, building champions and transactioncost-reduction. This taxonomy may be used as a basis for the development of propositions which can be tested so that a tool can be developed for evaluating the effectiveness of government initiatives in the development of SMEs."

Suggested Citation

  • Thian Ser Toh, 1998. "A Taxonomy Of Sme Development Schemes," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 6(03), pages 323-332.
    • Handle: RePEc:wsi:jecxxx:v:06:y:1998:i:03:n:s0218495898000187
    DOI: 10.1142/S0218495898000187
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