Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in Malaysia

In most economies, small and medium-sized enterprises (SMEs) consitute a variety of different firms encom­passing a wide range of industries. SMEs are heterogeneous: they differ at least in terms of their capabilities, stage of development, resources as well as requirements. The heterogeineity ofSME...

Full description

Bibliographic Details
Main Authors: Mohd Khairuddin Hashim, Mat Saad Abdullah
Format: Article
Language:English
Published: UUM Press 2020-01-01
Series:Malaysian Management Journal
Online Access:https://www.scienceopen.com/document?vid=dcfeeb01-c6fa-4051-bcb9-d1b6d3cc5897
_version_ 1828005859632873472
author Mohd Khairuddin Hashim
Mat Saad Abdullah
author_facet Mohd Khairuddin Hashim
Mat Saad Abdullah
author_sort Mohd Khairuddin Hashim
collection DOAJ
description In most economies, small and medium-sized enterprises (SMEs) consitute a variety of different firms encom­passing a wide range of industries. SMEs are heterogeneous: they differ at least in terms of their capabilities, stage of development, resources as well as requirements. The heterogeineity ofSMEs suggests that any systematic and rigorous attempt. to understand, explain and predict their behaviour should begin with the development of a taxonomy for them. A taxonomy provides a means for grouping and defining heterogenous SMEs - understand­ing their similarities and differences, their strengths and weaknesses. In the literature, several attempts to develop SMEs taxonomies have been made. Upon examining three of these taxonomies, it is found that SMEs can be classified in a number of different ways. Nonetheless, whilst this review of taxonomies literature is insightful in developing our own SMEs taxonomy, a careful study of the various features of SMEs is awaited if we were to develop a comprehensive taxonomy for the Malaysian SMEs.  
first_indexed 2024-04-10T07:48:26Z
format Article
id doaj.art-0ec9d901fce94ef488d33ad93514572d
institution Directory Open Access Journal
issn 0128-6226
2289-6651
language English
last_indexed 2024-04-10T07:48:26Z
publishDate 2020-01-01
publisher UUM Press
record_format Article
series Malaysian Management Journal
spelling doaj.art-0ec9d901fce94ef488d33ad93514572d2023-02-23T10:21:53ZengUUM PressMalaysian Management Journal0128-62262289-66512020-01-0110.32890/mmj.4.1-2.2000.8577Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in MalaysiaMohd Khairuddin HashimMat Saad AbdullahIn most economies, small and medium-sized enterprises (SMEs) consitute a variety of different firms encom­passing a wide range of industries. SMEs are heterogeneous: they differ at least in terms of their capabilities, stage of development, resources as well as requirements. The heterogeineity ofSMEs suggests that any systematic and rigorous attempt. to understand, explain and predict their behaviour should begin with the development of a taxonomy for them. A taxonomy provides a means for grouping and defining heterogenous SMEs - understand­ing their similarities and differences, their strengths and weaknesses. In the literature, several attempts to develop SMEs taxonomies have been made. Upon examining three of these taxonomies, it is found that SMEs can be classified in a number of different ways. Nonetheless, whilst this review of taxonomies literature is insightful in developing our own SMEs taxonomy, a careful study of the various features of SMEs is awaited if we were to develop a comprehensive taxonomy for the Malaysian SMEs.  https://www.scienceopen.com/document?vid=dcfeeb01-c6fa-4051-bcb9-d1b6d3cc5897
spellingShingle Mohd Khairuddin Hashim
Mat Saad Abdullah
Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in Malaysia
Malaysian Management Journal
title Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in Malaysia
title_full Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in Malaysia
title_fullStr Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in Malaysia
title_full_unstemmed Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in Malaysia
title_short Developing Small and Medium-Sized Enterprises (SMEs) Taxonomy in Malaysia
title_sort developing small and medium sized enterprises smes taxonomy in malaysia
url https://www.scienceopen.com/document?vid=dcfeeb01-c6fa-4051-bcb9-d1b6d3cc5897
work_keys_str_mv AT mohdkhairuddinhashim developingsmallandmediumsizedenterprisessmestaxonomyinmalaysia
AT matsaadabdullah developingsmallandmediumsizedenterprisessmestaxonomyinmalaysia