A TAXONOMY OF SME DEVELOPMENT SCHEMES

Thian Ser Toh
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Thian Ser Toh: Singapore Management University, Singapore

Journal of Enterprising Culture (JEC), 1998, vol. 06, issue 03, 323-332

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."

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:jecxxx:v:06:y:1998:i:03:n:s0218495898000187

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DOI: 10.1142/S0218495898000187

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