CONTENTS Foreword Preface Highlights Acronyms and Abbreviations 1. MSMEs: The Global Scene and the Outlook 1-29 Introduction The Context of the Small Enterprise Debate. The Conceptual Framework Global Economic Transition Recent Developments in the Global Economy Outlook for 2011 SME Experience and Outlook SME Policies and Strategies : Latest Developments Impacts Innovation and Overseas Assistance Recent Developments in the Indian Economy Conclusion 2 The Enterprise Ecosystem and MSMEs 31-52 Introduction Ecosystem Approach : Its Significance Pillars of the Enterprise System in India The Enterprise Pyramid The Organics of the Eco system: Conflicts and Co operation Conclusion 3 The Legal and Institutional Framework 53-65 Introduction Meaning and Dimensions of Public Policy The Policy Milestones Pillars of Public Policy Global Crisis and Public Policy Conclusion 4 The Report Card 67-100 Introduction Public Programmes Collective Efficiency Programmes Individual Efficiency Programmes General Programmes Institutional Framework and Sub sectoral Allocations Progress Card Conclusion 5 Human Resources and Entrepreneurship 101-118 Introduction The Enterprise Development Cycle Perspectives of Human Resource Management Perspectives of Human Resource Management Choice of Entrepreneurship Segregation of Entrepreneurship The Macro Context of Human Resources Changing Perspectives on SME Human Resources Strategies of Human Resource Management Diversity: Opportunity and the Need Conclusion 6 Finance : Recent Developments and Policy 119-133 Introduction The Purpose of MSME Finance Institutional Framework Recent Innovations and Initiatives Policy Imperatives 7.Innovation and MSMEs : Green and Clean 135-158 Introduction Innovation in the Context of MSMEs Relevance of a System Approach The Energy Question Global Warming Agenda : its Implications for Enterprise Development Meaning of Green Business: its Dimensions Greeen Business Agenda : Recent Global Experience The Green Agenda in India Energy Efficiency Financing Instruments in India Instruments of Energy Management Backward Linkages A Stock-taking Conclusion 8. Communication and Advocacy 159-167 Introduction Communication : The Conceptual Framework Foundations of Public Policy and Communication Public Policy : Building up the SME Case Relevance of Advocacy Platforms Releimnce of Communication in the SME Context Emergence of the Advocacy Role Integrated Programmes 9. Trade and Outward Orientation 169-196 Introduction Internationalisation of SMEs: Conceptual Framework Forms of Internationalisation New Forms of Social Capital The Policy Environment Sub sectoral Opportunities Conclusion 10 Responsible Business : Perspectives and Experience 197-213 Introduction Business in Society Means 'Inclusive Business' The SME Agenda: Theory and Practice ' Responsible Business' in SMEs : Scope and Coverage From Theory to Practice Streams of Responsible Business in India Multi lateral Programmes Key Responsible Business Issues in India Mainstreaming of RB Conclusion 11 Around the States 215-252 Introduction MSMEs in the Federal System Regional MSME Geography Conclusion 12 Key Concerns and the Way Forward 253-260 Introduction The Emerging Challenges-2011 The Need for a Clear Perspective What Should India Do? The Unfinished Agenda Conclusion Selected Bibliography 261-275