The Role of SMEs and Entrepreneurship in a Globalised Economy

Expert report 34

Expert report 34
Publication date:
08 May 2009

Type:
Reports

Source:
Ministry of Education and Research

Globalisation Council

Author:
Anders Lundström, ed

Summary

What does globalisation mean for small and medium-sized firms, SMEs, innovation and entrepreneurship? One conclusion is that virtually every type of firm could participate on a global market. One reason being the new technology which means that even very small local firms have new possibilities. On the other hand, this also means increased competition. Summing up there are new opportunities as well as new challenges and threats for all companies acting in a globalised world. In "The Role of SMEs and Entrepreneurship in a Globalised Economy" a number of international and national researchers in the field of innovation, entrepreneurship and SMEs give their views on what globalisation mean from different perspectives. Five chapters are mainly describing and analyzing the implications of globalisation from a developed country perspective while the remaining three chapters involve developing countries.