Other less than 300 employees or JPY 300 million assets – Malaysia Manufacturing less than MYR 25 million or 150 Shareholders, – employees Funds and Services less than MYR 5 million or 50 employees Employment – Different for Bumiputra enterprises Philippines Less than 200 employees or PHP 60 million assets Employment and assets Republic of Manufacturing less than 300 employees, or KRW 8 Employment, – billion assets assets and Sales Revenue Wholesale less than 100 employees or KRW 10 billion – annual revenue Singapore Manufacturing assets worth SGD 15 million or less Employment and – Assets Services less than 200 employees – Taiwan Manufacturing less than TWD 80 million of paid-in Sales Revenue – capital or less than 200 employees and Employment Other less than TWD 100 million annual sales revenue – or less than 50 employees Thailand Manufacturing and services less than 200 employees or Employment and – THB 200 million assets Assets Wholesale less than 50 employees or THB 100 million – assets Retail less than 30 employees or THB 60 million assets – Source: White Paper on Small and Medium Enterprises in Taiwan, 2006. http://www.moeasmea.gov.tw/eng/2006whitepaper/2006white.asp Why are SMEs important? only way to reduce poverty in a sustainable way is to promote economic growth, “The through wealth and employment creation. In developing countries, SMEs are the major source of income, a breeding ground for entrepreneurs and a provider of employment.” UNIDO, WSIS Report, 2003 SMEs are important because on average, they comprise over 95 percent of the economy. Figure 2 illustrates the importance of SMEs to the national economy in a sample of countries from the Asia-Pacific region. The contributions of SMEs to employment and the countries’ domestic product (GDP) are by no means trivial. As of July 2006, close to 140 million SMEs in 130 countries employed 65 percent of the total labour force. Figure 2: Comparison of the Composition of SMEs in the Asia-Pacific Region Source: White Paper on Small and Medium Enterprises in Taiwan, 2006. http://www.moeasmea.gov.tw/eng/2006whitepaper/2006white.asp
Other – less than 300 employees or JPY 300 million assets Malaysia Manufacturing – less than MYR 25 million or 150 employees Services – less than MYR 5 million or 50 employees Different for Bumiputra enterprises Shareholders, Funds and Employment Philippines Less than 200 employees or PHP 60 million assets Employment and assets Republic of Manufacturing – less than 300 employees, or KRW 8 billion assets Wholesale – less than 100 employees or KRW 10 billion annual revenue Employment, assets and Sales Revenue Singapore Manufacturing – assets worth SGD 15 million or less Services – less than 200 employees Employment and Assets Taiwan Manufacturing – less than TWD 80 million of paid-in capital or less than 200 employees Other – less than TWD 100 million annual sales revenue or less than 50 employees Sales Revenue and Employment Thailand Manufacturing and services – less than 200 employees or THB 200 million assets Wholesale – less than 50 employees or THB 100 million assets Retail – less than 30 employees or THB 60 million assets Employment and Assets Source: White Paper on Small and Medium Enterprises in Taiwan, 2006. http://www.moeasmea.gov.tw/eng/2006whitepaper/2006white.asp Why are SMEs important? “The only way to reduce poverty in a sustainable way is to promote economic growth, through wealth and employment creation. In developing countries, SMEs are the major source of income, a breeding ground for entrepreneurs and a provider of employment.” UNIDO, WSIS Report, 2003 SMEs are important because on average, they comprise over 95 percent of the economy. Figure 2 illustrates the importance of SMEs to the national economy in a sample of countries from the Asia-Pacific region. The contributions of SMEs to employment and the countries’ domestic product (GDP) are by no means trivial. As of July 2006, close to 140 million SMEs in 130 countries employed 65 percent of the total labour force. Figure 2: Comparison of the Composition of SMEs in the Asia-Pacific Region Source: White Paper on Small and Medium Enterprises in Taiwan, 2006. http://www.moeasmea.gov.tw/eng/2006whitepaper/2006white.asp
The-Impact-of-ICTs-on-SMEs.docx