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The Role of Training and Skilled Labour in the Success of SMEs in Developing Economies
journal contributionposted on 2023-05-16, 20:14 authored by Robertson, P
The ability of small and medium-sized enterprises in developing nations to evolve technologically is frequently constrained by a variety of environmental factors that are beyond their control. In many cases, it is necessary for the strategy of SMEs to be aligned with the international supply chain strategies of multinational firms, who can provide the expertise needed for technological upgrading by SMEs, and with the development strategies of their own nations. If SMEs are to attract business as original equipment manufacturers or component suppliers for MNCs, they generally need to possess access to skills before they can get contracts. As SMEs often lack the knowledge and resources to engage in training programs, however, their success in upgrading themselves technologically may depend crucially on subsidised educational and training infrastructure provided by their governments.
Publication titleEducation + Training
PublisherEmerald Group Publishing Limited
Place of publicationUK
Rights statementCopyright 2003 Emerald Group. Reproduced in accordance with the publishers policy. The definitive published version is available online at: http://www.emeraldinsight.com/info/journals/et/et.jsp