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Historical development of Chinese SMEs

Historical development of Chinese SMEs
Historical development of Chinese SMEs
The importance of the SME is well established in the literature. These account for the majority of economic contribution in many economies. In the case of emerging markets, SMEs make significant contributions to the local income generation, employment support, and innovation development. The aim of this chapter is to provide an overview of how the world's largest emerging economy—China—helps promote its SMEs. This chapter provides a brief history of Chinese SMEs throughout the Great Economic Reform that started in 1978. Next, the SMEs' achievements and current constraints are outlined. Last, this chapter discusses how the SMEs in China upgrade through innovation and branding to embark on future pathways. Through this timeline approach, the experience of Chinese SMEs development will provide some insights for other emerging regions.
86-114
IGI Global
Lin, Fenfang
d2d0fe76-3e6f-488b-94c2-6b0f4c9f08eb
Marshall, Alasdair
93aa95a2-c707-4807-8eaa-1de3b994b616
Wu, Wendy
1cb667ff-4b06-4195-9748-6138a9777d16
Webb, Heather
AL Numairy, Hussain
Lin, Fenfang
d2d0fe76-3e6f-488b-94c2-6b0f4c9f08eb
Marshall, Alasdair
93aa95a2-c707-4807-8eaa-1de3b994b616
Wu, Wendy
1cb667ff-4b06-4195-9748-6138a9777d16
Webb, Heather
AL Numairy, Hussain

Lin, Fenfang, Marshall, Alasdair and Wu, Wendy (2020) Historical development of Chinese SMEs. In, Webb, Heather and AL Numairy, Hussain (eds.) Entrepreneurial Innovation and Economic Development in Dubai and Comparisons to Its Sister Cities. Hershey. IGI Global, pp. 86-114. (doi:10.4018/978-1-5225-9377-5).

Record type: Book Section

Abstract

The importance of the SME is well established in the literature. These account for the majority of economic contribution in many economies. In the case of emerging markets, SMEs make significant contributions to the local income generation, employment support, and innovation development. The aim of this chapter is to provide an overview of how the world's largest emerging economy—China—helps promote its SMEs. This chapter provides a brief history of Chinese SMEs throughout the Great Economic Reform that started in 1978. Next, the SMEs' achievements and current constraints are outlined. Last, this chapter discusses how the SMEs in China upgrade through innovation and branding to embark on future pathways. Through this timeline approach, the experience of Chinese SMEs development will provide some insights for other emerging regions.

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Accepted/In Press date: July 2019
Published date: 2020

Identifiers

Local EPrints ID: 433019
URI: https://eprints.soton.ac.uk/id/eprint/433019
PURE UUID: d34f0579-f5cb-4699-8cf7-bdd34fa4f8cf
ORCID for Fenfang Lin: ORCID iD orcid.org/0000-0003-0807-5931

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Date deposited: 06 Aug 2019 16:30
Last modified: 08 Aug 2019 00:30

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