We all know that a great deal of jobs are created by SMEs and still many governments believe that large enterprises, together with public organizations, are the base for employment. In South Korea an article in the Korea Herald gives us some interesting perspectives on the situation there - not only for the enterprises themselves but also for the individuals working in them.
"In 2014, small and midsized enterprises accounted for 99.9 percent of the total number of local businesses, hiring nearly 88 percent of workers, showed figures from the Korea Federation of SMEs."
If you are an Entrepreneur with some experience you have probably already faced several of the challenges that Dan Western, founder of the Wealthy Gorilla, mentions in this article posted by David Seagraves.
If you are working with entrepreneurs and individuals on their way to become entrepreneurs - these are 8 challenges that you need to prepare them for. To the article...
Open Innovation + Digital Infrastructure = Entrepreneurs able to solve real problems for Citizens all over the World
In this article from Arabian Business.Com you will find an interesting activity going on to make Dubai a startup hub for international businesses. You can find a number of key activities and key resources that it takes to support the growth of international startups and the effort to bring the competences and knowledge required.
This attempt to put DUbai on the global map of entrepreneurship and startups includes "Intrapreneurship" as a strategy to bring more ideas and innovative services to existing businesses and public organizations
Read the full article here...
Links to the Articles
The Internet of Things might seem like it only benefits large corporations with massive budgets, but the IoT has already started to bear fruit for small businesses, too. In fact, approximately 57% of small business think the IoT will have a significant effect on their bottom line, according to an AVG survey.
BI Intelligence expects that from 2015 to 2020, business investments in the IoT will grow from $215 billion to $832 billion. This is just one slice of the overall pie, as compounded, we project more than $6 trillion will be spent on IoT solutions between 2015 and 2020 among businesses, consumers, and governments.
Read the full article here
SME Academy 2017