Lester Lloyd-Reason and Leigh Sear bring together leading researchers and thinkers in this critical guide to the ongoing, worldwide research shaping the role played by SMEs within today's global economy.
The expert contributors contend that the past twenty years have seen an explosion in research into international SMEs, resulting in a considerable body of academic literature and thinking. This research, they argue, may merely serve to increase our lack of understanding in this area, and often results in myths and misconceptions upon which SME policies and support programmes have been developed and introduced. They go on to suggest that academic models are often poorly suited to the problems faced by SMEs within the international trading environment. In many instances, the contributors find SMEs at the vanguard of the challenge to accepted business practices: it is these challenges that underpin the text.
Illustrating that today's SMEs are faced with the critical issue of how to create and maintain a sustainable competitive advantage in light of the increased complexity of international trade and global business linkages, this Handbook will prove invaluable to both academics and practitioners involved in business and management and entrepreneurship.
Edited by Lester Lloyd-Reason, Emeritus Professor of Enterprise Strategy, Anglia Ruskin University and Leigh Sear, SFEDI, UK
Contents: Preface 1. Introduction: The Role of SMEs in the Global Economy Lester Lloyd-Reason and Leigh Sear PART I: PROCESSES AND PRACTICES OF SMEs AND GLOBAL TRADING 2. Doing Business: The Nature of Global Trading Alan Griffiths, Stuart Wall, Carsten Zimmermann and Ronald Klingebiel 3. Traditional and Emergent Forms of Global Trading Leo-Paul Dana, Hamid Etemad and Richard Wright 4. Trade Trends in Transatlantica: A Profile of SMEs in the United States and Europe Leslie E. Palich and D. Ray Bagby PART II: MANAGEMENT, LEADERSHIP AND STRATEGY IN GLOBAL SMEs 5. Entrepreneurs and their Personal and Business Relations: Shaping Manufacturing SMEs' Global Strategy Telma Barbosa and Ted Fuller 6. Managing with Complexity, Uncertainty and Ambiguity Keith Herrmann 7. Managing the Global Operation Tim Mazzarol PART III: LEARNING, SKILLS AND KNOWLEDGE IN DOING GLOBAL BUSINESS 8. Skills and Knowledge Needs of the Global SME Terry Mughan and Lester Lloyd-Reason 9. Competitive Intelligence and the Global SME Jonathan Calof and Paul Dishman 10. The Choreography of Internationalisation: Innovative Forms of Learning and Activities of Small and Medium-sized Enterprises in International Markets Jay Mitra PART IV: SMEs IN THE GLOBAL ECONOMY: POLICY PERSPECTIVES 11. Foresights, Futures and Scenarios for the Global SME Stuart Smith 12. SMEs in the Global Economy: Policy Perspectives Leigh Sear and Lester Lloyd-Reason Index