Small and medium enterprises (SMEs) have been recognized as a priority area in the Asian economies. This study aims to identify the problems and prospects in strengthening the competitiveness of SMEs in different countries in this region. Prior research have helped us to identify variables which act as barriers, hindering the growth and development of SMEs. They can be grouped under internal and external barriers. The variables related to internal barriers are: inadequate resources of entrepreneurs, limited possibilities to identify business opportunities, lack of market economy experience, understanding of modern business and ability to cope up with risky and unpredictable market environment etc.
However, in this study we are interested in the research of the external barriers, which are outside the economic and business system. Some identified variables are as follows: taxation, legislation, property rights, finance and credit, bureaucracy, business security, difficulties in accessing information, lack of business training etc. We believe that in different countries different variables act as barriers. Identifying them and relating them to the success of SMEs in the countries will go a long way in providing policy prescription in different countries.
So the present study will consider following objectives. First, to compare growth and progress of SMEs across the Asian countries. Second, to find the constraints and hurdles for SME creation along with an evaluation of the intensity of capital constraint and comparing these factors across the countries in the Asia. Third objective is to find the factors responsible for the success or failure of SMEs. Final objective is to suggest appropriate policies and procedural guidelines at regional level to encourage SME startups, enhance their competitiveness and the sustained growth across the countries in the Asian region.
The current study will use a data set based on a survey of SME firms across Asia. The survey will be conducted through a structured questionnaire, which will be around three pages. This will be sent to the concerned firms which are associated with the Asian Association of Management Organizations. The selection of the sample will be used by using a sample frame work. Sample size would be arrived by classifying the associated member countries in to three levels based on the size of the economy (large, medium and small).The number of firms, for the study, for a country belonging to a particular level will be 75 if a country is in level one. If the country will be from second level then 50 firms will be selected and if the country is from third level, 30 firms will be considered for the study. After the data collection the data will be analyzed using appropriate statistical and econometric tools like regression analysis.
Time frame for the study will be one year. During this period 3 months will be for background research to help in formulating hypothesis, one month for the development of survey instruments, the next 4 months for data collection and the remaining time will be used for analysis and report writing.
For details please contact Head - Operational Office - AAMO