Small is beautiful
- Simple theories are better than complex theories (OccamsRazor).
- Slim organizations are better than large bureaucratic organizations.
- small national states are better than a large association(argument against the European integration)
- Growing Big is always good for a positive setup of activities. If it is an industry going big is better. If it is an educational institute, restaurant, super market or a showroom going big is better.
- Growing big with respect to age brings more responsibility to one with more freedom.
- Bigger things always provide us more. Someone said that bigger is always better. If you talk about enmities it is always true. You can take examples of cars fridge TV washing machine every want bigger than other.
- No business could be small forever. It has expand one day or other.
Small Is Beautiful: Economics As If People Mattered is a collection of essays by British economist E. F. Schumacher. The phrase "Small Is Beautiful" came from a phrase by his teacher Leopold Kohr. It is often used to champion small, appropriate technologies that are believed to empower people more, in contrast with phrases such as "bigger is better".
In industry, we can interest ourselves in the evolution of small-scale technology, relatively non-violent technology, 'technology with a human face', so that people have a chance to enjoy themselves while they art: working, instead of working solely for their pay packet and hoping, usually forlornly, for enjoyment solely during their leisure time.
The greatest danger invariably arises from the ruthless application, on a vast scale, of partial knowledge such as we are currently witnessing in the application of nuclear energy, of the new chemistry in agriculture of transportation technology, and countless other things.
It is moreover obvious that men organised in small units will take better care of their bit of land or other natural resources than anonymous companies or megalomaniac governments which pre- tend to themselves that the whole universe is their legitimate quarry.
Small cities are generating more revenues.
In a welcome development, small cities and towns appear to be doing more to power India's growth story than big metros. Confirming this are the latest income tax statistics, which indicate that Tier II and Tier III cities like Patna, Lucknow, Meerut and Kanpur have far outstripped Delhi, Mumbai, Chennai and Kolkata in terms of growth in personal and corporate tax collections. In fact, Patna has seen as much as 95 per cent growth in personal income tax figures over the 2009-10 period compared to a measly 4 per cent for Delhi and 6 per cent for Mumbai. Such a shift towards growth driven by regional centers can help mitigate the problems ensuing from unequal development and, therefore, needs to be encouraged.
The current growth and development model centred on big metros is unsustainable. Having experienced years of economic migration, these large cities are literally bursting at the seams. They are left with creaking infrastructure - compounded by shoddy urban planning - and poor civic amenities, all of which is reflected in the fast depreciating quality of life. Yet people continue to be drawn to metros due to the allure of better career prospects. The only way to reverse this trend is to have multiple growth poles spread across the length and breadth of the country. It is encouraging that many of the small cities showing robust economic growth are located in the BIMARU regions. They could serve as magnets for intra-state migration and take the burden off traditional metropolitan hubs.
As emerging markets within the Indian economy these small urban centers can become hotspots for new investment opportunities. Many outsourcing companies are already setting up operations in Tier II and Tier III cities to minimise their running costs. Conducive conditions need to be created to encourage India Inc as well as foreign investors to increasingly invest in small cities and townships. Crucial to this is creating sound infrastructure. There needs to be a significant number of quality schools and colleges to churn out skilled professionals to cater to the needs of emerging businesses. This in turn will have a positive trickle-down effect and galvanise the rural economy of the respective states
In planning these new urban hubs, errors of the past that have given rise to chaotic and dysfunctional cities must not be repeated. Our metros may have reached a point of saturation. While they should by no means be ignored, pay attention to Tier II and III cities as well to continue India's growth story and make it more inclusive.
Small is beautiful: Nano technology
Nanotechnology is the creation of functional materials, devices and systems through control of matter on the nanometer length scale (1-100 nanometers), and exploitation of novel phenomena and properties (physical, chemical, biological, mechanical, electrical...) at that length scale. For comparison, 10 nanometers is 1000 times smaller than the diameter of a human hair. A scientific and technical revolution has just begun based upon the ability to systematically organize and manipulate matter at Nano scale. Payoff is anticipated within the next 10-15 years.
Nanotechnology is very diverse, ranging from extensions of conventional device physics to completely new approaches based upon molecular self-assembly, from developing new materials with dimensions on the Nano scale to investigating whether we can directly control matter on the atomic scale.