#4633. Introduction

August 2026publication date
Proposal available till 21-05-2025
4 total number of authors per manuscript0 $

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Journal’s subject area:
Business, Management and Accounting (all);
Management of Technology and Innovation;
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Abstract:
The small and medium enterprises (SMEs) have achieved rapid and sustainable growth in the past two decades. Such growth has increasingly contributed to economic development. Yet, weak linkages with exte rnal market, weak technological innovation, and limited SME financing have limited SMEs’ growth. This brings to the fore the need for more efficient and professional government services to SMEs to enhance their competitiveness. The absence of high-quality services for enterprises should prompt government to provide SMEs with services that are more professional, more convenient and more individualized to enhance their competitive capability. Convergence of 1) production (cable SEs), 2) market (textile industry SEs), and 3) production chain (sewi ng machine SEs) comprises the main patterns of SME clusters. This essentially reflects the “one village, one product” and “one town, one industry” concept. Future policy should expand the range of government services to SMEs. Local governments could learn some lessons from the Jiangsu government and devote attention to promulgating supporting policies fo r the development of small enterprises. Government should also develop an industrial cluster plan fo r small enterprises, as well as a financing and technological innovation system for SMEs.
Keywords:
Economic development; SME; technological innovation system; competitiveness

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