A Quote by Park Geun-hye
We should change the current economic system dominated by big business groups to a one where small and medium-sized enterprises develop together.
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From a business perspective, we are trying to propose some suggestions to the government. Not only to benefit Fosun, but to benefit all private enterprises, especially proposals to help small to medium-sized companies.
First, we will focus on the privatization of small and medium sized enterprises, followed by the medium size industry and then we will move on to the heavy industry.
I believe many people - especially small- and medium-sized enterprises across the European Union - are disenchanted with Europe because we haven't delivered the goods.
Obviously we don't have 300 million people. We haven't got a big army. We don't have Hollywood. We're a medium small-sized country. We have to do what medium small-sized countries do, which-even though we're not smarter than other people-is to make ourselves seem to be smarter. We have to work harder and know more than other people.
China's economy became more complex. By now there is a large number of small- and medium-sized companies that work quite differently from big, state-owned enterprises. They don't follow any long-term business plan and don't rent office space for years to come. They start out and need an office right away, for a week, a month or half a year, and they want to be among other entrepreneurs like themselves.
What you need if you want jobs are small and medium sized enterprises, local initiatives, labour intensive work, community development, service providers and the like.
The solution is to change the cake recipe, and that's the way it is with government. We can start adopting policies that work and that encourage economic growth. If you got incentives for encouraging big business development but not small or medium business development, it's not going to work. It needs to work for all three.
We've been in the business of regional banking, and we understand what it is to make loans, and that's the engine of growth to small and medium sized business.
India is a very, very old country with a history, culture and tradition like Italy. And we can use the English language to be in touch. Then India's industrial situation is similar to us. Both have big companies but are dominated by small and medium-sized companies. It is extremely important for both to do joint ventures.
On the Internet, companies are scale businesses, characterized by high fixed costs and relatively low variable costs. You can be two sizes: You can be big, or you can be small. It's very hard to be medium. A lot of medium-sized companies had the financing rug pulled out from under them before they could get big.
In fact, 80 percent of our domestic job growth comes from the small- and medium-sized business community.
Sustainable production and consumption matter immensely to the people I meet every day as head of the International Trade Centre, which works with small and medium-sized enterprises (SMEs) to help them boost growth and job creation by improving their competitiveness and connecting to international markets.
The US needs military/defense, economic, and social strategies. A medium-sized business, by contrast, is normally best off focusing its efforts on a single crucial objective.
Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the system will not change the rules, we are going to have to change the system.
The future of publishing lies with the small and medium-sized presses, because the big publishers in New York are all part of huge conglomerates.
I am not a creature of giant business and I think that small- and medium-sized businesses will derive the most benefit from the removal of bureaucratic obstacles to trade.
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