Istanbul Gelisim University

Gelisim News

“SMEs conditions of competition should be improved”

Finance Specialist Hakan Yıldırım said that improving the competitiveness conditions of SMEs and eliminating the cost-related problems will be important steps for the national economy.

Finance Specialist Assist. Prof. Dr. Hakan Yıldırım, pointing out that the support for SME contributing the manufacturing sector in Turkey will cause a significant increase on the export figures, said: “If the SMEs, which make up the majority of exports, are not supported, employment rates will decline. Improving the competitiveness conditions of SMEs and eliminating the cost-related problems will be important steps for the national economy.”

Stating that medium and small enterprises, which are essential in social and economic development, also contribute to the production activities of public companies carrying on businesses in different sectors, Yıldırım continued his speech as follows:

“In today's world, where both developed and developing economies are emphasized and where medium and small scale enterprises are mobilized to create high added value, our country should maximize the support and contribution provided to these enterprises. On the other hand, focusing on one of the most important issues, the dependence of exports on imports, plays a key role in achieving high added value.”

“SMEs ALSO HAVE RESPONSIBILITIES”

Stating that SMEs also have responsibilities to ensure that they are in a good position in global market as well as the support to be given to SMEs, Assist. Prof. Dr. Hakan Yıldırım from Istanbul Gelisim University said: “These responsibilities can be sorted the adaptation of existing products to the new market conditions, branding, development of production area, efficiency of R&D investments, selection and management of appropriate sales channels, follow-up of changes in the market about the selection of new markets, specialization in human resources management, adaptation to technological developments.”

Yıldırım ended his speech as follows:

“It is obvious that when the steps towards the development of SMEs nationally and internationally and the responsibilities of SMEs are fulfilled collectively, there will be positive results for both medium and small enterprises and the national economy. Otherwise, SMEs in our country remain small enterprises that cannot become a trademark and which are only subcontractors of foreign brands.”

“SMEs conditions of competition should be improved” Created Date: :   Tuesday, October 1, 2019

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