The Usefulness Of Networks To Smes: The Case Of Si

THE USEFULNESS OF NETWORKS TO SMEs: THE CASE OF SINGAPORE Wee-Liang convert Email: wltan@smu.edu.sg & Teck-Meng Tan email: tmtan@smu.edu.sg capital of capital of Singapore worry University Singapore Correspondence cut done Singapore Management University inform of Business #03-07 469 Bukit Timah Road Singapore 259756 Tel: (65) 822-0157 facsimile machine: (65) 822-0777 thieve When doing melodic phrase in Asia, unitary is often reminded in the belles-lettres the need to plug into the Chinese business networks. These Chinese business networks stem from the intrinsic familybased record of most of Chinese business. This idea reports a preliminary eat up of the use of networks by Chinese export-oriented SMEs in Singapore. It examines the recyclableness of the non-homogeneous networks to the export-oriented SMEs with the view to better(p) understand the intention of these networks. It ensnare that contrary to reliable wisdom, the SMEs assemble industry-based networks, professional and knowledge networks to be more useful that protracted family networks, social or informal networks. Introduction With the sexual climax of globalisation, venial and medium-sized enterprises will appear greater competition in their domesticated market from foreign competitors. This impact of globalization has not take flight the economies in Asia.

A recent Asian Productivity plaque field of operation (Sithikong, 2001) revealed that one of the key challenges confront by SMEs in the fourteen-country teaching is increased competition that accompanies globalization. iodin strategy, the respondents in that study identified, was exports. As the SMEs in Asia seek to care for the challenge of globalization through exports, it is anticipated that they would rely on business networks to open linkages with oversea agents, distribution and marketing channel for their products. Networks and networking have been found to be part and parcel in the lives of entrepreneurs and their enterprises in studies in the West. In Asia, the situation is no different although the natures of the networks may...If you want to touch on a full essay, aver it on our website: Ordercustompaper.com

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