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Developments and Solutions to the International Predicament for Small-to-Medium-Sized Enterprises

In: Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises

Author

Listed:
  • Steve Hsu

    (TXA Private Board of Directors)

Abstract

The new economy based on internet has changed the way of doing business. The impacts of the US-China trade war are even more far-reaching. On top of it, the threat of corona virus has totally changed the horizon of all business. This chapter uses Taiwanese SMEs as examples to extract several useful strategies to concur the challenges, including leveraging Japan’s resources, putting more emphasis on ASEAN markets, taking advantage of One Belt and One Road Initiative, and introducing peer advisory board to enhance the quality of decision making.

Suggested Citation

  • Steve Hsu, 2021. "Developments and Solutions to the International Predicament for Small-to-Medium-Sized Enterprises," Springer Books, in: Hsi-Mei Chung & Kevin Au (ed.), Succession and Innovation in Asia’s Small-and-Medium-Sized Enterprises, chapter 0, pages 323-347, Springer.
    • Handle: RePEc:spr:sprchp:978-981-15-9015-3_12
    DOI: 10.1007/978-981-15-9015-3_12
    as

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