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A Nation of SMEs: The German Experience By: Siegfried Herzog
Competitiveness and SMEs ,[object Object],[object Object],[object Object]
Competitiveness translates into trade ,[object Object],[object Object],[object Object]
 
Source: World Trade Developments ( http://www.wto.org/english/res_e/statis_e/its2008_e/its08_world_trade_dev_e.pdf)
The role of SMEs ,[object Object],[object Object],[object Object]
Definition of SMEs
 
 
 
Competitiveness by definition ,[object Object],[object Object]
The twelve pillars of competitiveness Source: World Economic Forum: Global Competitiveness Report 2008-2009
Source: World Economic Forum: Global Competitiveness Report 2008-2009
Source: World Economic Forum: Global Competitiveness Report 2008-2009
Institutions: some insights ,[object Object],[object Object],[object Object]
Institutions: some insights ,[object Object],[object Object]
Institutions and SMEs ,[object Object],[object Object]
Infrastructure: some insights ,[object Object],[object Object],[object Object],[object Object]
Infrastructure and SMEs ,[object Object],[object Object],[object Object]
Goods market efficiency: some insights ,[object Object],[object Object],[object Object],[object Object]
Labor market efficiency: some insights ,[object Object],[object Object]
Business Sophistication: some insights ,[object Object],[object Object],[object Object],[object Object]
Higher Education and Training: some insights ,[object Object],[object Object]
What‘s missing: vocational training ,[object Object],[object Object],[object Object],[object Object]
Effects of Vocational Training ,[object Object],[object Object],[object Object]
Flaig Carpenters – an illustration ,[object Object],[object Object],[object Object],[object Object]
Conclusions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Appendix: Details on Germany‘s competitiveness
Source: World Economic Forum: Global Competitiveness Report 2008-2009
Source: World Economic Forum: Global Competitiveness Report 2008-2009
Source: World Economic Forum: Global Competitiveness Report 2008-2009
Source: World Economic Forum: Global Competitiveness Report 2008-2009

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A Nation Of SMEs