Do Malaysia and Pakistan are suitable for a comparative study of SMEs: an intellectual capital perspective?
Intellectual capital appears as the most important and vital component of a knowledge-based economy. Present economy is known as a knowledge-based economy where, knowledge, information and soft assets have more importance rather than the physical assets. The role and importance of SMEs in a knowledg...
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Format: | E-Article |
Language: | English |
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Interdisciplinary Journal of Contemporary Research
2011
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Online Access: | http://ir.unimas.my/id/eprint/1276/1/Do%20malaysia%20and%20pakistan.pdf http://ir.unimas.my/id/eprint/1276/ |
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Summary: | Intellectual capital appears as the most important and vital component of a knowledge-based economy. Present economy is known as a knowledge-based economy where, knowledge, information and soft assets have more importance rather than the physical assets. The role and importance of SMEs in a knowledge-based economy has been highly appreciated and acknowledged. Moreover, in the present economy, SMEs are facing tremendous challenges and threats to survive in a competitive environment. In a competitive environment the hightech SMEs need to upgrade their intellectual capital including knowledge, database, technological advancement and innovation in order to stay in a competitive environment. Therefore, SMEs need to focus on the exploitation and application of their intellectual capital. |
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