and the Pacific, as well as
the entire world,
small-and medium-sized enterprises (SMEs) play a vital role in their economies, often
acting as the primary drivers of
Strengths and Weaknesses of SMEs
SMEs, both in size and
shape, are not uniform across Asia and the Pacific.
Understanding the similarities and differences of
various approaches facilitates deeper insights. The
maximum number of employees is the most often used
SME criteria. This number, however, varies across
countries. The following table shows the differences
in definitions of SMEs in various countries.