An Assessment of the Human Resources, Skills Training and Business Services in Timor Leste
This report analyses the business training and business services sectors in Timor Leste, and recommends a number of initiatives for the strengthening of these important sectors of the economy. Small, Medium Size Enterprises (SMEs) have had limited...
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| Format: | Policy Note |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2005/06/16339496/timor-leste-assessment-human-resources-skills-training-business-services-timor-leste-timor-leste-assessment-human-resources-skills-training-business-services-timor-leste http://hdl.handle.net/10986/13026 |
| Summary: | This report analyses the business
training and business services sectors in Timor Leste, and
recommends a number of initiatives for the strengthening of
these important sectors of the economy. Small, Medium Size
Enterprises (SMEs) have had limited access to information,
and there seems to be a lack of understanding and
entrepreneurial discipline. Entrepreneurs need to be more
aware of the necessity of generating a cashflow in order to
monitor economic activity, and keep a business solvent. This
shortcoming is linked to cultural characteristics, but it is
compounded by a historical reliance upon government. As
enterprises learn from their mistakes, they are becoming
more self-reliant. New enterprises understand that survival
and success is based upon entrepreneurial discipline and a
clear understanding of market forces. |
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