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What is Micro, Small, and Medium Enterprises (MSMEs)

Chapter 15
Handbook of Research on Ethics, Entrepreneurship, and Governance in Higher Education
Firms with 1 to 199 employees, as well as companies that generate annual revenue between 0.002 and 2,697 million Chilean pesos.
Published in Chapter:
University Social Responsibility and Its Effects on the Promotion of Entrepreneurship and Growth: Small and Medium Enterprises in Chile
Alejandro Vega-Muñoz (Autonomous University of Chile, Chile), Claudia Martínez-Villanueva (University of Chile, Chile), and Guido Salazar-Sepúlveda (The Catholic University of the Most Holy Conception of the Virgin Mary, Chile)
Copyright: © 2019 |Pages: 20
DOI: 10.4018/978-1-5225-5837-8.ch015
Abstract
From a descriptive-functional paradigm, this study explores how universities contribute to the promotion of entrepreneurship and the growth of small and medium enterprises in Chile. This fact constitutes the first approximation to the phenomenon of installing a national network of business development centers driven by the Technical Cooperation Service (SERCOTEC, for its acronym in Spanish), a private law corporation and a body dependent on the Ministry of Economy, Development, and Tourism of Chile. The study uses a qualitative methodology of phenomenological order, and it concludes as of diverse experiences about the achievements evidenced by a group of sixteen business owners advised by these centers from different locations of Chile.
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Chapter 24
Sustainability of MSMEs in Indonesia: Learnings From COVID-19 Impact
Are small companies owned and managed by a person or owned by a small group of people with a certain amount of wealth and income. The law that regulates SMEs is Law of The Republic of Indonesia Number 20 of 2008.
Published in Chapter: Sustainability of MSMEs in Indonesia: Learnings From COVID-19 Impact; From: Handbook of Research on Sustaining SMEs and Entrepreneurial Innovation in the Post-COVID-19 Era
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Chapter 5
Symbiosis of Innovation-Oriented Leadership and Start-Ups: Focused on India
Micro, Small and Medium-Sized Enterprises (MSMEs) play a significant role in the corporate landscape in many economies. These businesses are often grouped according to size, asset investment, and yearly turnover. The smallest of these, micro firms, are distinguished by their very small workforces and little capital expenditures on machinery or equipment. On the other hand, small businesses are bigger, more diverse, have higher investments, and a broader market reach. The middle ground is occupied by medium-sized businesses, who make more significant investments and have more complicated business models. MSMEs may have different definitions and requirements in different nations, but their importance as generators of jobs and economic activity is universal.
Published in Chapter: Symbiosis of Innovation-Oriented Leadership and Start-Ups: Focused on India; From: Innovation and Resource Management Strategies for Startups Development
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