Externally-oriented Small and Medium Enterprises: Predicament and Possibilities
AbstractThis paper addresses emerging issues concerning externally-oriented SMEs in India and the nature of important business risks faced by them during the period of global financial crisis. The unimpressive export performance of SMEs during the period of reforms is also a reflection of the limitations of the institutional support as also weak forms of production organization. The state needs to play a proactive role in contributing to enhancing SME competitiveness. Whereas financially well protected Indian SMEs are likely to be more competitive and efficient, a greater recognition of the potential of domestic market and provision of business-facilitating infrastructure holds the key for success of SMEs across board.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 15522.
Date of creation: 17 Mar 2009
Date of revision:
Financial Crisis; SMEs; Exports; Business Risks;
Find related papers by JEL classification:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- F10 - International Economics - - Trade - - - General
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- Martin-Tapia, Inmaculada & Aragon-Correa, Juan Alberto & Senise-Barrio, Maria Eugenia, 2008. "Being green and export intensity of SMEs: The moderating influence of perceived uncertainty," Ecological Economics, Elsevier, Elsevier, vol. 68(1-2), pages 56-67, December.
- Rashid Amjad & Musleh ud Din, 2010.
"Economic and Social Impact of Global Financial Crisis: Implications for Macroeconomic and Development Policies in South Asia,"
PIDE Monograph Series
2010:2, Pakistan Institute of Development Economics.
- Amjad, Rashid & Din, Musleh ud, 2010. "Economic and social impact of global financial crisis: implications for macroeconomic and development policies in South Asia," MPRA Paper 38150, University Library of Munich, Germany.
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