Research on Thai Small-Medium Enterprise Industry Analysis From Asean Economic Integration-Taking Manufacturing as an Example

Last modified: October 26, 2019
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Project Title  : Research on Thai Small-Medium Enterprise Industry Analysis From Asean Economic Integration-Taking Manufacturing as an Example
By                    :  Wang Qian Yu
Advisor          :  Associate Professor Li Chiao-Ming
Degree           :  International Master in Business Administration
Major             :  Business Administration
Faculty          :  Graduate School
Academic year   :  2017


Abstract

At present, Small and Medium Enterprises (SMEs) have become the most active factor and indispensable part of the national economy and social economy in all countries of the world. It is an important driving force for the sustained development and prosperity of the social economy. The improvement of the level of science and technology, as well as the increasingly detailed social division of labor, the socialization of economic activities, globalization, virtualization, networking, and electronics. It will inevitably bring unprecedented opportunities for the development of SMEs. However, due to the limited size of SMEs, Shortage of funds, financing difficulties, and channel restrictions, it is difficult for SMEs to obtain substantial development. In the face of the monopoly of large companies, SMEs are often struggling to obtain higher profits and long-term sustainable development. There are many difficulties faced in front of us. This paper uses Thai SMEs as research objects, focusing on the development of ASEAN’s SMEs, existing strengths and weaknesses, analyzing the importance of SMEs to the ASEAN economy, and the major obstacles faced by SMEs in Thailand. And then introduce solution. It also analyzes the opportunities and challenges brought by ASEAN economic integration and the Belt and Road Initiative and to proposes corresponding development strategies for SMEs.

Keywords: SMEs, Thailand, Development, Strategy, ASEAN Economies.

 


Research on Thai Small-Medium Enterprise Industry Analysis From Asean Economic Integration-Taking Manufacturing as an Example

International Master of Business Administration (IMBA), Siam University, Thailand

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