New markets such as Eastern Europe, Southern Asia, and China, are rapidly unfolding. The development of Internet and other technologies make it possible to gain and send information easier and cheaper. All of the changes occurring in the business environment provide SMEs challenges and opportunities. Also, the transition of Hongkong may trigger a significant impact on business opportunities, investment decisions, business cooperation, and even business strategies. And these changes may directly or indirectly affect SMEs locally as well as around the world.
Competition is a necessary means for each business to survive and to succeed.
In a changing business environment the pattern of competition, the geographical scope of competition are all more or less different from before. How should SMEs cope with these changes and maintain their competitive edge are increasingly concerned. The third one is cooperation. Cooperation provides various forms of division of labor, which raises productivity and competitive edge, and enlarges market size for all participants. In a changing environment cooperation becomes vital to lead SMEs to a success.