Introduction
In an era where the Thai economy is crossing over and entering the global market, small and medium enterprises (SMEs) play an ever-important role in strengthening the country’s economy. This article will create an understanding of the role and importance of SMEs in the growth of the Thai economy.
1. Ability to create work
SMEs are the main muscle that creates jobs and supports local areas. The fact that SMEs are flexible and can adapt to the market allows for the creation of many jobs that promote employment and reduce the unemployment rate.
2. Distribute income and reduce inequality
SMEs play a role in distributing income in society. Working at the local level creates new business opportunities and helps reduce economic inequality.
3. Supporting innovation and technology
SMEs are an important tool in supporting innovation and technology in the country. Governments and various agencies often receive support in research and development from SMEs that have the ability to do innovation.
4. General economic impact
SMEs have a general economic impact. both in increasing the value of production and services and be a guide in creating added value for the country’s products and services.
5. Create business system connections
SMEs play a role in building connections between domestic business systems. and abroad. The ability to do business with local and international companies makes SMEs an important agent in connecting with global markets.
summarize
SMEs play an important role in the growth of the Thai economy. in terms of creating jobs, distributing income, supporting innovation, economic impact, and connecting business systems. Their flexibility and ability to adapt according to the situation makes SMEs an important driving force in creating economic movement in Thailand.