EFFECTIVE POLICIES FOR SMALL BUSINESS: A GUIDE FOR THE POLICY REVIEW PROCESS AND STRATEGIC PLANS FOR MICRO, SMALL AND MEDIUM ENTERPRISE DEVELOPMENT

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EFFECTIVE POLICIES FOR SMALL BUSINESS: A GUIDE FOR THE POLICY REVIEW PROCESS AND STRATEGIC PLANS FOR MICRO, SMALL AND MEDIUM ENTERPRISE DEVELOPMENT

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The Tesla plant in Lanskroun, Czech Republic, was the only producer of capacitors in Czechoslovakia, and of machinery for that purpose. After central planning was abolished, AVX Kyocera gradually took over the plant and a process of selective restructuring took place. The combination of gradual change and a positive outlook for the long-term viability of operations encouraged many former employees (the average qualification level was high) to set up their own small supplier firms for AVX Kyocera. After a few years, these local suppliers were able to compete with Japanese suppliers. The institutional and regulatory structure is often based upon large company norms. Informal businesses or...

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