Wealth and small business ownership in Australian households: what rewards for business proprietors?

Meeting the Globalisation Challenge: Smart and Innovative SMEs in a Globally Competitive Environment is the first of a series of annual publications from the Small Enterprise Association of Australia and New Zealand (SEAANZ) targeted at those with an interest in the small to medium enterprise (SME) sector. SEAANZ has launched this work in order to provide a more accessible source of information for readers than is possible with traditional academic journals. This book brings together authors who represent a cross-section of the ‘four pillars’ that comprise the SEAANZ community – academic researchers, educators, public policy specialists and practitioners from the small business sector. Many SME owners are doing it tough in an uncertain environment where margins are squeezed and returns reduced. More than ever, Australasian SMEs are facing a unique combination of global, structural and cyclical forces than threaten their ability to take advantage of emerging opportunities. These threats – including rapid technological change, intense global competition, and unfavourable trading conditions – cumulatively create significant environmental uncertainty for SMEs. Meeting the Globalisation Challenge: Smart and Innovative SMEs in a Globally Competitive Environment identifies ways SMEs can tackle these challenges. The book comprises twelve chapters, organised into three parts. Readers are introduced to the sources of innovation in SMEs, proposal to reduce the regulatory burden for the sector, and systems that support innovation in SMEs in times of change. By helping SMEs build relationships, SEAANZ hopes that this book will help readers to better understand the issues, and to identify ways in which supportive partnerships and alliances can be built and improved upon in the future