The Small Business Gazette
ICSBandAirtifae
The International Council for Small Business, in conjunction with Airtifae Global Services, will host the 10×10 Program during ICSB’s 2023 World Congress in South Korea, July 9-14. This program promotes trade between small- and medium-sized businesses from the United States and other countries. To do so, ICSB, in collaboration with Airtifae Global Services, aims to explain and counsel SME companies on expanding their operations internationally by ensuring a strategic plan to understand the market, identify key partners and opportunities, and utilize capital.
Following ICSB’s vision to promote the growth and development of SMEs internationally, Airtifae Global Services has partnered with us to provide SMEs with in-depth knowledge and guidance to “go global” and how this initiative will impact the local economy.
WhyMSMEs
The United Nations Micro, Small, and Medium-sized Enterprises (MSMEs) Day is an annual event celebrated on June 27th. The day was created to recognize MSMEs’ critical role in driving economic growth and creating jobs worldwide. In addition, it is an opportunity to raise awareness about the challenges MSMEs face and encourage governments, policymakers, and stakeholders to take action to support them.
Korean Entrepreneurship
A new academic paper to be published in July 2023 by ICSB seeks to explore the historical evolution of Korean entrepreneurship, focusing on the role of Jo Shik, a renowned Confucian scholar during the Joseon dynasty, and the city of Jinju in South Korea.
The Socratic AI
Artificial Intelligence (AI) has revolutionized how we learn and access information. However, it is crucial to create a supportive learning environment where students feel comfortable asking questions and seeking guidance on how to use AI-powered tools effectively. Faculty should support students using AI through the Socratic method and video-based learning.
TheBuzzAboutICSBCongress
Attention all researchers, educators, changemakers, and entrepreneurs! Get ready for the biggest event of the year, the ICSB World Congress 2023, in the stunning city of Gwangju, South Korea, from July 9-14! This year’s congress promises to be a game-changer, bringing together some of the brightest minds in entrepreneurship to explore the latest developments in entrepreneurship for humanity and peace.
MSMEsDay2023
Micro, Small, and Medium-sized Enterprises (MSMEs) are vital in creating jobs, reducing poverty, and driving economic growth, particularly in developing countries. MSMEs are businesses with fewer than 500 employees and generate less than a certain amount of revenue, depending on the country. To recognize the contributions of MSMEs and raise awareness about the importance of supporting them, MSMEs Day is celebrated annually on June 27th.
Reflections
WomeninGlobalMarkets
In 2023, ICSB emphasized empowering women in entrepreneurship with their theme for MSMEs Day, sparking crucial dialogues in the business realm. This notion has been significantly validated by Claudia Goldin’s Nobel Prize-winning research into gender disparities in the labor market. MSMEs, especially those helmed by women and youth, navigate a precarious journey through global instabilities and limited access to vital resources. Policies and infrastructures that nourish MSME development, particularly in women and youth-led initiatives, are pivotal in steering towards Sustainable Development Goals and forging a path to an inclusive, prosperous future.
SMEs and Climate Change
SMEs have the agility, community influence, and innovative spirit to make substantial strides in addressing climate change. Their actions, both big and small, contribute to a collective effort pushing us towards a more sustainable future. In the climate narrative, SMEs are not just supporting characters; they’re leading protagonists.
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WomeninGlobalMarkets
In 2023, ICSB emphasized empowering women in entrepreneurship with their theme for MSMEs Day, sparking crucial dialogues in the business realm. This notion has been significantly validated by Claudia Goldin’s Nobel Prize-winning research into gender disparities in the labor market. MSMEs, especially those helmed by women and youth, navigate a precarious journey through global instabilities and limited access to vital resources. Policies and infrastructures that nourish MSME development, particularly in women and youth-led initiatives, are pivotal in steering towards Sustainable Development Goals and forging a path to an inclusive, prosperous future.
SMEs and Climate Change
SMEs have the agility, community influence, and innovative spirit to make substantial strides in addressing climate change. Their actions, both big and small, contribute to a collective effort pushing us towards a more sustainable future. In the climate narrative, SMEs are not just supporting characters; they’re leading protagonists.