In recent times, the global landscape of commerce has been dominated by Small and Medium Businesses (SMBs), contributing to economic growth. These enterprises known for their innovative strategies are increasingly fostering innovation, creating employment opportunities, and contributing to the growth of domestic and international communities (OECD, 2020). The innovative strategies of SMBs have also propelled cross-border partnerships of SMBs, enhancing their potential for greater economic success. Case Studies: Success StoriesSeveral case studies illustrate the transformative power of innovative strategies and cross-border partnerships for SMBs. ConclusionInnovative strategies and cross-border partnerships are key drivers of economic growth for SMBs.

Source: The Hindu May 24, 2024 16:20 UTC