väiketööstust

Väiketööstus refers to small-scale industrial production. It encompasses businesses that are engaged in manufacturing or processing goods but operate on a smaller scale compared to large factories. These enterprises typically have fewer employees, a more limited production capacity, and often focus on niche markets or specialized products. The definition of what constitutes "väiketööstus" can vary depending on economic context and regional regulations, but generally, it implies a size threshold in terms of turnover, number of employees, or asset value.

Väiketööstus plays a significant role in many economies by contributing to local employment, fostering innovation, and providing specialized goods or services. These businesses can be more agile and adaptable than larger corporations, allowing them to respond quickly to changing market demands or technological advancements. They often benefit from lower overhead costs and a closer relationship with their customer base. Common examples of väiketööstus include artisanal food producers, small furniture workshops, specialized metal fabricators, and producers of niche electronic components. Support for väiketööstus often comes in the form of government grants, tax incentives, and access to business development resources, recognizing their importance in economic diversification and regional development.