Crossing the Valley of Death for SMEs: Management Practices From China

The purpose of this article is to explain and solve the early stage High-tech small medium-sized enterprises (SMEs) development issue in Tianjin, specifically so-called Valley Death. Death used as a metaphor describe relative lack resources expertise area development. In article, mainly refer financing loans required by high-tech SMEs stage. Through analysis actual situation developing illustrates organizations can bridge through coordination institutional support. literature review normative methodology study gathered data from second-hand materials with extensive experience construct framework model Tianjin SMEs. Results indicate that support has been very effective addressing Implications these findings suggest local government must understand challenges valley, facilitate skills for SMEs, supply