Sustainable management in the global economy – An innovative approach to improve small and medium sized enterprises (SME)
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چکیده
Though without any vital significance in the economic literature and the media smalland medium-sized enterprises (SME) represent the sector of real economic power and the largest employer both in Germany and Europe. The official statistics are self-explaining (IfM Bonn 2005, DSGV 2005): • More than 3.3 million SME exist in Germany at present. • These enterprises provide about 70 per cent of the jobs in the private sector, almost 20 million employees work for SME. • Compared to more than three million SME there are only around 7.000 major enterprises. • While major enterprises reduced the number of jobs in the recent years, SME managed to expand their workforce. • 41 per cent of all turnovers are generated in SME. • Even without declaration of R&D-Units, most innovations have been developed by SME.
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