Study in developed markets can make SMEs 'Zero to Hero''

SMEs that send their employees to study in developed markets can grow from "zero to hero" in a short time, says the study, adding that studying competitors and networking with other firms are some other key factors that can make a big difference in small business success. Companies from India and other emerging economies have little opportunity to learn directly from their own so-far limited experience in developed markets. So the knowledge gained from learning indirectly from business leaders, rival firms and networks in mature markets "plays a crucial role" in explaining why some developing-country firms grow faster in developed markets, found the research.


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