Study On Sustained Growth Of The Small And Medium-sized Enterprises In China

With the development of the market economy and deepening of the economic system reform in China. The position and function of Small and Medium-sized Enterprises(SMEs) in national economy are outstanding day by day. Since 20 years of reforming and opening up to the world, there has been a tide that undertaking and the SMEs in China grew up fast, some star enterprises emerged. However, there were many just transient SMEs, bankruptcies because of all sorts of reasons to certain stage. So, research and explore the decisive factors and regularity of the sustained growth of SMEs in China, put forward effectual countermeasures, promote healthy sustained growth of the SMEs in China, are important issues that need research and solve urgently in 21st century. This paper stands angle in microcosmic to expound the sustained growth of SMEs, probing into the inside factors to promote SMEs to grow up continuously. The structure of this paper is divided into six chapters: Chapter one carries on the summary to the SMEs in China, mainly discuss the definition standards of SMEs in China and some other countries, and the status and functions of the SMEs in China, point out the stress function in promoting the economic growth, solve employment, promote competition, enliven market, accelerate technological innovation, expand export and optimizing the economic structure etc. Chapter two describes the theoretical foundation of SMEs growth, mainly discuss the meaning of enterprises growth and the theory of enterprises growth, establish the theoretical foundation for SMEs growth, enterprises growth is the combination of quantity growth and quality growth, impelling resource appreciation and pursuing the sustainable development of enterprise; enterprises growth theory mainly include enterprise growth theory, strategic growth theory, operation growth theory and management growth theory, these four kinds of theories explain the key factors that influence enterprises growth from different angles. Chapter three focuses on analyzing the states of sustained growth of the SMEs in China, through some questions existing in the SMEs in China while growing up, and the cases of Jv Ren Group,Tai Yang Shen Group, Bai Xin Shoes Group, analyses the main reasons to difficult to grow up continuously, combine the theory model that normative analysis of the SMEs performance of Sandbag and the summaries of enterprises growth theory of David Storey, summarize three key inside factors influencing SMEs to grow up continuously, namely the entrepreneur , development strategy and resource distribution. Chapter four focuses on describing development strategy and the sustained growth of SMEs, describes the intension of development strategy and the importance to SMEs growth, points out development strategy is the overall plan to enterprise's development, clear development strategy can avoid the blindness of management, concentrate on utilizing one's own resources, it is essential to SMEs growth. Also explains the problems and reasons to strategic consciousness, the unidentified intention, falling strategy and indifferent strategy, consider the chance and threat of external environment condition and the advantage and inferior position inside enterprises through SWOT analysis, expound seven kinds of main types of the development strategy suitable for SMEs. Chapter five describes the entrepreneurs that promotes the SMEs growth, describes three factors that the entrepreneur should possess to promote SMEs to grow up, namely the undertaking motive of devoted to enterprise long-term development, with necessity qualities and abilities, can appropriate to give play to collective strength and make individuals incorporate the organization.. Chapter six describes resource distribution in the SMEs growth, describes the institutional framework in conformity with the development strategy, set up modernenterprise's system, strengthen financial management and raise fund for development, enhance technology exploit ability, recommend talents resources and improve marketing ability. Thr...