Charting a Future for SMEs: Revolution or Evolution?

• Published in: Small Enterprise Research: The Journal of SEAANZ Vol. 12; no. 1; pp. 2 - 4
• Main Authors: Lowe, Julian, Harman, Jessie
• Format: Journal Article Conference Proceeding
• Language: English
• Published: Wellington Routledge 01.01.2004; Taylor & Francis Ltd
• Subjects: 21st century; Age differences; Business conditions; Changes; Conferences; Entrepreneurs; Entrepreneurship; Family owned businesses; Generational differences; Globalization; Interpersonal communication; Small & medium sized enterprises-SME; Small business; Australia; Ballarat Victoria Australia
• DOI: 10.5172/ser.12.1.2
• ISSN: 1321-5906

A number of significant changes in the environment of SMEs occurred towards the end of the twentieth century that have the potential to greatly influence this sector as the new millennium unfolds. Connectivity, globalization, changing demographics deregulation and even the 'new terrorism' have all been identified as important influences on the future structure and performance of the sector. SEAANZ Ballarat, 2003 examined the changing nature of the small firm and tried to answer the questions whether it's time for a new perspective and whether a new paradigm required. This conference issue maps out some key research findings as they were considered in SEAANZ 2003 at Ballarat. They demonstrate the important role of SMEs in our future, both in the provision of market and non - market goods and services. The need for their education systems, the legal framework and government to more fully recognize the contributions of the sector to the future health and well-being of society is as critical as ever.