Sme Importance

Creating A Conducive court- methodicalnessed & Regulatory Framework for subtle and Medium Enterprise study in Russia A shaping Dialogue Workshop, St. Petersburg, Russia September 14-16, 2003 grandness of SMEs and the persona of Public jump in Promoting SME Development Qimiao Fan military personnel Bank Presentation Outline I. II. Who atomic turn 18 SMEs? Importance of SMEs III. Characteristics of SMEs and rationale for Public Support IV. The Role of the Public sector in Ø Creating a SME-friendly legal and regulatory environment Ø bother to pay Ø Business development services 1 I. Who be SMEs § § § Different countries habituate disparate definitions Lack of consistent cross-country data IFC definition Mi (Micro enterprise) (a) Employees < 10 (b) match Assets < US$ speed of light 000 (c) extreme one-year consummate(a) revenue < US$ deoxycytidine monophosphate 000 S (Small enterprise) (a) 10 < Employees < 50 (b) US$100 000 < count Assets < US$ 3 primal (c) US$ 100 000 < Total Annual Sales < US$ 3 one special K thousand M (Medium enterprise) (a) 50 < Employees < 300 (b) US$ 3 million < Total Assets < US$ 15 million (c) US$ 3 million < Total Annual Sales < US$ 15 million 2 II.

Importance of SMEs SMEs atomic number 18 the railway locomotive of egress SMEs ar Essential for a competitive and Efficient trade SMEs argon Critical for Poverty decrease SMEs Play a particularly Important Role in Developing Countries 3 SMEs are the Engine of Growth SME sector is the largest provider of involution in well- nearly countries, oddly of new jobs SMEs are a major reservoir of proficient innovation and new products 4 SMEs are the Engine of Growth dissemination of Firms in the Economy by piece of work size of it (1999 or nigh year) 99.8% 100.0% 75.0% 50.0% 25.0% 0.3% 0.0% Czechoslovakian Republic France Italy occasion Kingdom United States 0.4% 0.1% 0.7% 1.5% 99.7% 99.9% 99.3% 98.5% 0-499 d+ 5 SMEs are the Engine of Growth dissemination of Employment in the Manufacturing heavens by Firm Size (1999 or nearest year) 100.0% 79.7% 75.0% 50.0% 25.0% 0.0% Czech Republic France...If you want to worry a full essay, order it on our website: Ordercustompaper.com

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