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Success factors of small- and medium-sized enterprises in Taiwan: an analysis of cases. Small- and medium-sized enterprises exert a strong influence on the economies of all countries, particularly in the fast-changing and increasingly competitive global market (Anaroni 1994; Drilhon and Estime 1993). They tolerate been a major engine of economic growth and technological elevate (Mulhern, 1995; Thornburg 1993). Carrier (1994) said that SMEs are often more copious than larger firms in terms of innovation. The features of SMEs such as flexibility, innovativeness, and problem-solving operation orientation are now being considered as brisk for success in the 1990s. Even large companies have attempt to implement entrepreneurship and have learned to think like a small trading (Chittipeddi and Wallett 1991). Simon (1996) investigated cholecalciferol SME champions in Germany and commented that they have very much to teach companies of all sizes and all regions about commercial success. SMEs have been the primary source of employment creation worldwide oer the last decade (Mulhern 1995). In the United States, firms with fewer than 500 employees account for more than 99 share of all business establishments and employ over 80 percent of the work jam (Aharoni 1994).

In Holland, 95 percent of firms are SMEs (Bijmolt and Zwart 1994); SMEs also follow 95 percent of the total establishments in the Philippines (De la Pena 1995). In Taiwan, SMEs constitute 96.5 percent of the approximately 935,000 business establishments and employ 78.6 percent of the total work force (Taiwan Medium and Small military control Administration 1995). The success of SMEs in Taiwan has been well declare (Hannon 1996; Hiebert 1993; Huang 1990; Kao and Lee 1991; Liu, Liu, and Wu 1995). They have played a vital position in promoting rapid growth during Taiwans economic diversity (Hannon 1996; Liu, Liu, and Wu 1995). The scale, scope, organization, and management of SMEs have changed over time in answer to evolving... If you want to get a full essay, order it on our website: Orderessay

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