Why SMEs Should Aim at Becoming Exporters

Author

Hian Teck HOON, Singapore Management UniversityFollow

Publication Type

News Article

Version

publishedVersion

Publication Date

7-2012

Abstract

In the fortnightly series entitled 'Engage SMU profs', Professor Hoon Hian Teck, Associate Dean of the School of Economics, answers the questions: Should SMEs aim to become exporters rather than serve only the domestic market? What are the benefits to SMEs in doing so? Does the smallness in size limit their productivity growth? Are there any channels for SMEs to get assistance from the authorities, and what are these? He commented that if more of our local SMEs look towards the international marketplace and sell to foreign markets, not only will Singapore's GDP be boosted, local businessmen will also get to enjoy higher profits and more Singaporean workers can expect to find good jobs that pay a premium.

Discipline

Asian Studies | Economics | Entrepreneurial and Small Business Operations | International Economics

Research Areas

Applied Microeconomics

Publication

Business Times

First Page

10

Last Page

10

ISSN

7446-1869

Publisher

Singapore Press Holdings

Citation

HOON, Hian Teck. Why SMEs Should Aim at Becoming Exporters. (2012). Business Times. 10-10.
Available at: https://ink.library.smu.edu.sg/soe_research/1462

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.