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Many SMEs aim for business development by diversifying their offerings to fit global markets. However … model challenges, the recent development of digital technology is a key enabler of resource-efficient internationalization … and business development, an innovation that SMEs find accommodating. Thus, the purpose of this paper is to analyze how …
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Small and medium-sized enterprises face several challenges mainly related with lack of access to Finance frequently due to a lack of formal Accounting system and financial management, which leads to weaknesses in their internal financial capabilities. Moreover, from the supply side traditional...
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The lack of financial literacy in SMEs is one of the main obstacles to SMEs finance (Zavatta, 2008). This problem is even greater in developing countries where the informal economy, the low levels of education and the low bancarization rates are known to be high in this region. One of the...
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The report investigates the role of government programmes in strengthening SMEs’ resilience to external shocks, by focusing on SME digitalisation policies implemented in Korea during the COVID-19 outbreak. The report examines how digital tools and services have made SMEs more resilient during...
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