Management: Global SMEs?
Globalization will, I argue, be better embraced by the world public opinion when small and medium size companies (SMEs) in the WTO member countries feel that they have a reasonable chance to grow and prosper in it.
I think that what the world needs is many, many, more "globally active SMEs".
Note: Of course "globalization", "capitalism" and "liberalism" mean different things to different people not only around the world but also within specific countries. In the presence of such absence of commonly agreed definitions of these and other terms, these terms and the notions and systems they stand for will continue to "suffer". Globalization, capitalism and liberalism as well as market economics are thought to be the systemics "in power" in most of the WTO countries today! Are they? How "global", "capitalist", "liberal" or "market economy based" are for example the United States today? France? Germany? The UK? The EU?
Original written: February 15, 2007
Updated: May 30, 2009