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.
Asian Studies | Economics | Entrepreneurial and Small Business Operations | International Economics
Singapore Press Holdings
HOON, Hian Teck.
Why SMEs Should Aim at Becoming Exporters. (2012). Business Times. 10-10. Research Collection School Of Economics.
Available at: http://ink.library.smu.edu.sg/soe_research/1462
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