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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Dot-Coming SMEs in Singapore for the New Economy

Dot-Coming SMEs in Singapore for the New Economy
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Author(s): Leo Tan Wee Hin (Singapore National Academy of Science, Singapore and Nanyang Technological University, Singapore) and Ramesh Subramaniam (Singapore National Academy of Science, Singapore and Nanyang Technological University, Singapore)
Copyright: 2005
Pages: 6
Source title: Encyclopedia of Information Science and Technology, First Edition
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59140-553-5.ch160

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Abstract

Small- and medium-sized enterprises (SMEs) play a very significant role in the economies of all countries. They outnumber big corporations, and are conspicuous by their ubiquity in all sectors of society. The contribution of SMEs to a country’s Gross Domestic Product is high by virtue of the large number of people they employ and the diversity of services that they offer (Unctad Secretariat, 2002). SMEs also offer a starting platform for entrepreneurs to realize their aspirations.

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