Ebook: Small Firm Dynamism in East Asia

Indonesia experienced strong economic growth at greatest risk, that too would be useful for strategy formulation purposes, especially in cases in the 1970s with the help of high oil prices, a where employment protection is an important period of stagnation in the 1980s when oil prices declined and another period of strong economic objective. Finally, to the extent that policies can growth after 1986 when substantial trade and alter the probability ofsuccess or failure in coping investment liberalization enabled a dramatic with shocks, it would be useful to know which of policies is most effective and under what surge in labor-intensive manufacturing export set production. Recently, the regional financial crisis conditions. of 1997-1998 dealt Indonesia a severe shock The recent crisis in East Asia provides an from which it has not yet fully recovered. How opportunity to examine the link between industrial structure and economic resilience. The relative have its SMEs done through the twists and turns of the economy in the past quarter century? impact of the crisis by size of firm can be judged Unfortunately, the data needed to track the per­ in part by the effects on capacity utilization and formance of the SME sector are not as good for employment. The table below summarizes some Indonesia as for many of the other countries in results from a survey sponsored by the World East Asia.

---

This book presents a collection of papers which examine the evolution of small and medium enterprises (hereafter SMEs) in East Asia over the past quarter century or so. East Asia is of interest because this region has experienced, on average, the highest economic growth rates in the world during this period. This has been accompanied by dramatic transformations in sectoral output and employment, in patterns of domestic and international trade and in demographic flows within countries. It is of interest to see to what extent these transformations have affected, or have been influenced in turn by, industrial structure as reflected in the evolution of small firms. At the same time, not all countries in East Asia have grown at similar rates nor has there been uniformity in public policies across the region. So there is a background of diversity in both performance and policy. How smaller firms have coped with the different policy environments and patterns of economic transformation that have characterized the region in the recent past could be potential importance to the formulation of public policy in other developing countries.
Small firms are important instruments for economic development. This book examines the factors that influence their evolution and performance.

---

This book presents a collection of papers which examine the evolution of small and medium enterprises (hereafter SMEs) in East Asia over the past quarter century or so. East Asia is of interest because this region has experienced, on average, the highest economic growth rates in the world during this period. This has been accompanied by dramatic transformations in sectoral output and employment, in patterns of domestic and international trade and in demographic flows within countries. It is of interest to see to what extent these transformations have affected, or have been influenced in turn by, industrial structure as reflected in the evolution of small firms. At the same time, not all countries in East Asia have grown at similar rates nor has there been uniformity in public policies across the region. So there is a background of diversity in both performance and policy. How smaller firms have coped with the different policy environments and patterns of economic transformation that have characterized the region in the recent past could be potential importance to the formulation of public policy in other developing countries.
Small firms are important instruments for economic development. This book examines the factors that influence their evolution and performance.
Content:
Front Matter....Pages i-iii
Small Firm Dynamism in East Asia: An Introductory Overview....Pages 1-12
The Dynamic Role of Small Firms: Evidence from the U.S.....Pages 13-40
Entry of Small and Medium Enterprises and Economic Dynamism in Japan....Pages 41-51
Technological Progress by Small and Medium Enterprises in Japan....Pages 53-67
Productivity Dynamics of Small and Medium Enterprises in Taiwan....Pages 69-84
Small and Medium Enterprises in Korea: Achievements, Constraints and Policy Issues....Pages 85-119
The Evolution and Structure of Industrial Clusters in Japan....Pages 121-140
Firm and Group Dynamics in the Small and Medium Enterprise Sector in Indonesia....Pages 141-161
Subcontracting and the Performance of Small and Medium Firms in Japan....Pages 163-175
Government-Business Coordination and Small Enterprise Performance in the Machine Tools Sector in Malaysia....Pages 177-195
Market Reforms, Technological Capabilities and the Performance of Small Enterprises in China....Pages 197-211
Small and Medium Enterprises in Thailand: Recent Trends....Pages 213-226
Small Firm Dynamics: Evidence from Africa and Latin America....Pages 227-242

---

This book presents a collection of papers which examine the evolution of small and medium enterprises (hereafter SMEs) in East Asia over the past quarter century or so. East Asia is of interest because this region has experienced, on average, the highest economic growth rates in the world during this period. This has been accompanied by dramatic transformations in sectoral output and employment, in patterns of domestic and international trade and in demographic flows within countries. It is of interest to see to what extent these transformations have affected, or have been influenced in turn by, industrial structure as reflected in the evolution of small firms. At the same time, not all countries in East Asia have grown at similar rates nor has there been uniformity in public policies across the region. So there is a background of diversity in both performance and policy. How smaller firms have coped with the different policy environments and patterns of economic transformation that have characterized the region in the recent past could be potential importance to the formulation of public policy in other developing countries.
Small firms are important instruments for economic development. This book examines the factors that influence their evolution and performance.
Content:
Front Matter....Pages i-iii
Small Firm Dynamism in East Asia: An Introductory Overview....Pages 1-12
The Dynamic Role of Small Firms: Evidence from the U.S.....Pages 13-40
Entry of Small and Medium Enterprises and Economic Dynamism in Japan....Pages 41-51
Technological Progress by Small and Medium Enterprises in Japan....Pages 53-67
Productivity Dynamics of Small and Medium Enterprises in Taiwan....Pages 69-84
Small and Medium Enterprises in Korea: Achievements, Constraints and Policy Issues....Pages 85-119
The Evolution and Structure of Industrial Clusters in Japan....Pages 121-140
Firm and Group Dynamics in the Small and Medium Enterprise Sector in Indonesia....Pages 141-161
Subcontracting and the Performance of Small and Medium Firms in Japan....Pages 163-175
Government-Business Coordination and Small Enterprise Performance in the Machine Tools Sector in Malaysia....Pages 177-195
Market Reforms, Technological Capabilities and the Performance of Small Enterprises in China....Pages 197-211
Small and Medium Enterprises in Thailand: Recent Trends....Pages 213-226
Small Firm Dynamics: Evidence from Africa and Latin America....Pages 227-242
....