Matches in SemOpenAlex for { <https://semopenalex.org/work/W2183438554> ?p ?o ?g. }
Showing items 1 to 79 of
79
with 100 items per page.
- W2183438554 abstract "Japanese small and medium enterprises (SMEs) have stood at the crossroads since 1991. After the Japanese yen was appreciated under the Plaza agreement in 1985, many large enterprises (LEs) shifted their labour-intensive processes from Japan to Asian countries, mainly China, to take advantage of local resources like cheap labour. Japanese LEs began not only to procure components and parts from the local market but also to import them to Japan from Asian countries. While some SMEs set up their factories in Asian countries, some SMEs lost their business chance to supply products to LEs. Long-term recession forced LEs of machinery industries to review their procurement strategy. Manufacturers of automobile and electrical equipment changed their procurement strategy in three ways: by procuring components from companies under different groups, by reducing items of components, and by raising the share of components and parts produced in house. This rationalization of procurement by LEs led to the selection of only the efficient subcontractors and the termination of transaction with the inefficient ones. This change in procurement policy by LEs might have caused the bipolarization among SMEs in the four machinery industries. SME policies in Japan have promoted the modernization and diversification of business of SMEs to keep up with changes in the industrial structure. In the 1960s, the government imposed several strict conditions on the modernization scheme of SMEs. In the 1980s, the government paid attention to initiatives of SMEs for diversification. The paper offers four policy recommendations based on the review of SME policies in the different periods. First, SME policies can facilitate private sector initiatives. The government should not force business models like modernization policies. SMEs have the ability to adjust to new economic environment. Second, the entry of SMEs should be encouraged by providing special privileges such as subsidies, low interest loan, and tax concession as these can contribute to employment creation and entry of new industries. Third, local governments should play an active role in stimulating the local economy by promoting the growth and entry of new SMEs through relevant SME policies. Fourth, the law should regulate unfair trade. Under recession, many subcontractors have been unfairly treated in business transactions." @default.
- W2183438554 created "2016-06-24" @default.
- W2183438554 creator A5028429222 @default.
- W2183438554 date "2008-01-01" @default.
- W2183438554 modified "2023-09-26" @default.
- W2183438554 title "SMEs Under Recession in Japan" @default.
- W2183438554 hasPublicationYear "2008" @default.
- W2183438554 type Work @default.
- W2183438554 sameAs 2183438554 @default.
- W2183438554 citedByCount "0" @default.
- W2183438554 crossrefType "journal-article" @default.
- W2183438554 hasAuthorship W2183438554A5028429222 @default.
- W2183438554 hasConcept C144133560 @default.
- W2183438554 hasConcept C155202549 @default.
- W2183438554 hasConcept C162324750 @default.
- W2183438554 hasConcept C162853370 @default.
- W2183438554 hasConcept C165556158 @default.
- W2183438554 hasConcept C17744445 @default.
- W2183438554 hasConcept C180916674 @default.
- W2183438554 hasConcept C191935318 @default.
- W2183438554 hasConcept C195742910 @default.
- W2183438554 hasConcept C199360897 @default.
- W2183438554 hasConcept C199539241 @default.
- W2183438554 hasConcept C201650216 @default.
- W2183438554 hasConcept C34447519 @default.
- W2183438554 hasConcept C40700 @default.
- W2183438554 hasConcept C41008148 @default.
- W2183438554 hasConcept C50522688 @default.
- W2183438554 hasConcept C53844881 @default.
- W2183438554 hasConcept C54750564 @default.
- W2183438554 hasConcept C75949130 @default.
- W2183438554 hasConcept C87980944 @default.
- W2183438554 hasConceptScore W2183438554C144133560 @default.
- W2183438554 hasConceptScore W2183438554C155202549 @default.
- W2183438554 hasConceptScore W2183438554C162324750 @default.
- W2183438554 hasConceptScore W2183438554C162853370 @default.
- W2183438554 hasConceptScore W2183438554C165556158 @default.
- W2183438554 hasConceptScore W2183438554C17744445 @default.
- W2183438554 hasConceptScore W2183438554C180916674 @default.
- W2183438554 hasConceptScore W2183438554C191935318 @default.
- W2183438554 hasConceptScore W2183438554C195742910 @default.
- W2183438554 hasConceptScore W2183438554C199360897 @default.
- W2183438554 hasConceptScore W2183438554C199539241 @default.
- W2183438554 hasConceptScore W2183438554C201650216 @default.
- W2183438554 hasConceptScore W2183438554C34447519 @default.
- W2183438554 hasConceptScore W2183438554C40700 @default.
- W2183438554 hasConceptScore W2183438554C41008148 @default.
- W2183438554 hasConceptScore W2183438554C50522688 @default.
- W2183438554 hasConceptScore W2183438554C53844881 @default.
- W2183438554 hasConceptScore W2183438554C54750564 @default.
- W2183438554 hasConceptScore W2183438554C75949130 @default.
- W2183438554 hasConceptScore W2183438554C87980944 @default.
- W2183438554 hasLocation W21834385541 @default.
- W2183438554 hasOpenAccess W2183438554 @default.
- W2183438554 hasPrimaryLocation W21834385541 @default.
- W2183438554 hasRelatedWork W1534113885 @default.
- W2183438554 hasRelatedWork W1557488452 @default.
- W2183438554 hasRelatedWork W2019101751 @default.
- W2183438554 hasRelatedWork W2099834450 @default.
- W2183438554 hasRelatedWork W2244564153 @default.
- W2183438554 hasRelatedWork W2317343443 @default.
- W2183438554 hasRelatedWork W2392532777 @default.
- W2183438554 hasRelatedWork W2600078168 @default.
- W2183438554 hasRelatedWork W261356363 @default.
- W2183438554 hasRelatedWork W2809458354 @default.
- W2183438554 hasRelatedWork W2892691632 @default.
- W2183438554 hasRelatedWork W2897012262 @default.
- W2183438554 hasRelatedWork W3029067137 @default.
- W2183438554 hasRelatedWork W3124205836 @default.
- W2183438554 hasRelatedWork W3139986383 @default.
- W2183438554 hasRelatedWork W3193663316 @default.
- W2183438554 hasRelatedWork W3194162172 @default.
- W2183438554 hasRelatedWork W2404678681 @default.
- W2183438554 hasRelatedWork W2576599644 @default.
- W2183438554 hasRelatedWork W3139927468 @default.
- W2183438554 isParatext "false" @default.
- W2183438554 isRetracted "false" @default.
- W2183438554 magId "2183438554" @default.
- W2183438554 workType "article" @default.