National Early-Warning System for SME Failure
National Early-Warning System for SME Failure
DOI:
https://doi.org/10.51473/rcmos.v1i1.2023.1579Keywords:
Early-warning; Business mortality; Small and medium-sized enterprises; Risk management; Public policy.Abstract
This article aims to discuss the need for implementing a National Early-Warning System for Small and Medium-Sized Enterprise (SME) Failure, analyzing its importance in the economic, social, and political context. SMEs, which represent the majority of organizations in Brazil and worldwide, face high mortality rates in the first years of operation. Studies indicate that management failures, lack of strategic planning, and vulnerability to external crises are decisive factors in business failure. In this sense, an early-warning system based on accounting data, market indicators, and artificial intelligence could anticipate risks, propose corrective measures, and reduce bankruptcies. Based on a literature review and analysis of international models, such as Early Warning Europe, the article seeks to reflect on how Brazil could structure a national program that integrates academia, the private sector, and government. The text argues that innovation in public policies aimed at SMEs not only increases business survival but also strengthens the economy and promotes sustainable development.
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