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Business Commons

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Entrepreneurial and Small Business Operations

PDF

Journal

2009

Business success

Articles 1 - 1 of 1

Full-Text Articles in Business

Factors Affecting Business Success Of Small And Medium Enterprises (Smes) In Bangladesh, Muhammad Aminul Islam, Ejaz Ahmad Mian, Muhammad Hasmat Ali Jan 2009

Factors Affecting Business Success Of Small And Medium Enterprises (Smes) In Bangladesh, Muhammad Aminul Islam, Ejaz Ahmad Mian, Muhammad Hasmat Ali

Business Review

The concepts of cluster and networking emerged in 1960s in Small and Medium Scale Enterprises (SMEs) literature but the formation of SME clusters and networking is a very new strategy for Sri Lanka started in 2001 and Pakistan started in 2003. But it shows some positive sign of growth by increasing competitiveness of SMEs by opening-up new opportunities due to good innovative networking, common facility usage and collective efficiency of economies of scale, scopes and synergies, etc. The problem of many SMEs in both countries is not their size, but being isolated and working in enclave nature, therefore SMEs individually …