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Factors Affecting Growth and Expansion of Small And Medium Enterprises

Factors Affecting Growth and Expansion of Small And Medium Enterprises PDF Author: Samson Adada
Publisher: LAP Lambert Academic Publishing
ISBN: 9783847344254
Category :
Languages : en
Pages : 76

Book Description
Understanding SME's growth is critical to economic development. It is expected that SMEs exhibit faster growth rates than larger counterparts. It is therefore important to gain a greater understanding as to what shapes growth and expansion especially in Small and Medium-size Enterprises. This Study examines the internal factors affecting growth and expansion of SMEs in Kibera Slum, Nairobi. Specifically the study sought to ascertain the factors that contribute to growth and expansion of SMEs in Kibera Slum, establish relationships between form of ownership and growth and expansion of SMEs in Kibera slum and determine the effect of level of education and managerial skills on growth and expansion of SMEs in Kibera Slum. The study established that form of ownership, educational and managerial skills of the owners and employees, location of the SME and access to financial resources are some of the internal factors that that affected growth and expansion of SMEs. The study findings will be of value to relevant managers of SMEs in Kibera, Policy makers, Scholars and financial advisers.

Factors Affecting Growth and Expansion of Small And Medium Enterprises

Factors Affecting Growth and Expansion of Small And Medium Enterprises PDF Author: Samson Adada
Publisher: LAP Lambert Academic Publishing
ISBN: 9783847344254
Category :
Languages : en
Pages : 76

Book Description
Understanding SME's growth is critical to economic development. It is expected that SMEs exhibit faster growth rates than larger counterparts. It is therefore important to gain a greater understanding as to what shapes growth and expansion especially in Small and Medium-size Enterprises. This Study examines the internal factors affecting growth and expansion of SMEs in Kibera Slum, Nairobi. Specifically the study sought to ascertain the factors that contribute to growth and expansion of SMEs in Kibera Slum, establish relationships between form of ownership and growth and expansion of SMEs in Kibera slum and determine the effect of level of education and managerial skills on growth and expansion of SMEs in Kibera Slum. The study established that form of ownership, educational and managerial skills of the owners and employees, location of the SME and access to financial resources are some of the internal factors that that affected growth and expansion of SMEs. The study findings will be of value to relevant managers of SMEs in Kibera, Policy makers, Scholars and financial advisers.

Regional Development in Africa

Regional Development in Africa PDF Author: Norbert Edomah
Publisher: BoD – Books on Demand
ISBN: 1789852374
Category : Business & Economics
Languages : en
Pages : 262

Book Description
Regional development is a broad term but can be seen as a general effort to reduce regional disparities by supporting (employment and wealth-generating) economic activities in regions. In the past, regional development policy tended to try to achieve these objectives by means of large-scale infrastructure development and by attracting inward investment” (OECD, 2014).A territorial and regional approach to development is crucial in addressing regional challenges, regional economic competitiveness, and reducing socio-economic discrepancies. This book provides a forum to articulate and discuss Africa’s regional development issues in view of the rising opportunities within the African region. This volume contains 14 chapters and is organized in four sections: Introduction; Industry, Trade and Investment in Africa; Agricultural Services and the Water-energy-food Nexus in Africa; and Environmental and Cultural Dimensions to Africa’s Regional Development.

Factors Affecting Growth of SMEs in Gatundu Region North Sub-county

Factors Affecting Growth of SMEs in Gatundu Region North Sub-county PDF Author: Mary Jokorvic
Publisher: GRIN Verlag
ISBN: 3656639027
Category : Business & Economics
Languages : en
Pages : 16

Book Description
Research Paper (undergraduate) from the year 2012 in the subject Economics - Micro-economics, grade: B, The University of Chicago, language: English, abstract: About 99% of all the enterprises in the world are small or medium enterprises characterized of start up firms at the infant stage or well established SMEs. SMEs are essential in all economies especially to the developing countries characterized by major unemployment and income distribution challenges. In Kenya, SMEs are essential to the economy for which they are considered the main drivers. There are about 7.5 million SMEs in Kenya providing employment and income generating opportunities to low income sectors of the economy. The official policy framework of SMEs in Kenya is contained in the Sessional Paper No 2 of 2005: Development of Micro and Small Enterprises for Wealth and Employment Creation for Poverty Reduction. The policy forms the basis for enacting the SME Act which institutionalizes SME policy in Kenya (Syekei & Opijah, 2012). The contribution of the SMEs sector to the Gross Domestic Product (GDP) in Kenya increased from 13.8 percent in 1993 to about 40 percent by 2008. The sector further provides approximately 80% of the total employment and contributes about 92% of the new jobs created within the economy. The sector serves as the bedrock for industrializing the country in the future (Capital Markets Authority, 2010). In the developing countries such as Kenya, with large informal or micro enterprise sectors, SMEs constitute the middle of the size range, hence their strategic importance. SMEs are considerably more complicated in terms of the organizational structure as opposed to microenterprises but less complicated as opposed to large corporations with layers of management and high division of labor among other characteristics. In terms of technology SMEs are intermediate between high labor intensive technologies and high capital intensive technologies providing SMEs with a special role in generation of adequate or decent employment (Palma, 2005). Due to these characteristics various constraints lower SMEs resilience to risk and prevent them from growing and attaining economies of scale. The challenges faced by SMEs in Kenya are not limited to the areas of financing investments and working capital but also include human resource development, market access and access to modern technology and information. Consequently, there are various factors that have supported SMEs growth since the 1990s (Capital Markets Authority, 2010).

Small Firm Growth

Small Firm Growth PDF Author: Per Davidsson
Publisher: Now Publishers Inc
ISBN: 1601983565
Category : Business & Economics
Languages : en
Pages : 111

Book Description
Small Firm Growth comprehensively reviews the empirical literature on small firm growth to highlight and integrate what is known about this phenomenon and take stock of what past experiences of researching this area implies for how the phenomenon can or should be studied in future research.

Factors Affecting Growth and Survival Of Small and Micro - Enterprises

Factors Affecting Growth and Survival Of Small and Micro - Enterprises PDF Author: Daniel Ndungu
Publisher:
ISBN: 9783330328419
Category :
Languages : en
Pages : 52

Book Description


Strategies for Growth in SMEs

Strategies for Growth in SMEs PDF Author: Margi Levy
Publisher: Elsevier
ISBN: 0080481167
Category : Computers
Languages : en
Pages : 420

Book Description
Strategies for Growth in SMEs explores for the first time the role of information and information systems (IS) concepts in small and medium-sized enterprises (SMEs). Most IS research focuses on large firms, yet the majority of firms in most economies are SMEs. The book considers the applicability of IS theory and practice to SMEs and develops new theories that are relevant to these firms.Composed of 6 sections, it covers, amongst other things; the nature of SMEs, the background to IS, and SMEs' use of IS, issues of IS strategy and planning in SMEs, the way that firms can transform through use of IS, evaluation, IS flexibility, business process re-engineering, resource-based strategy and knowledge management, the appropriateness of existing theories and the development of new models to address SME-specific issues. The final section of the book reviews the learning in the previous chapters and poses future agendas for research.Written by two of the leading figures in the field, this book will be essential reading for researchers in IS and SMEs, students on entrepreneurship or IS courses, and others that focus on SMEs.* A unique text relating IS theory to SMEs* Benefit from the authors' years of experience in the field* Familiarise yourself with this growth area for research and courses

Entrepreneurship and the Growth of Firms

Entrepreneurship and the Growth of Firms PDF Author: Per Davidsson
Publisher: Edward Elgar Publishing
ISBN: 9781781009949
Category : Business & Economics
Languages : en
Pages : 252

Book Description
Exploring the relationships between the growth of firms and entrepreneurship, the authors have drawn on many individual projects & case studies to provide a comprehensive analysis.

Factors Affecting Growth of Micro and Small Enterprises in Kenya

Factors Affecting Growth of Micro and Small Enterprises in Kenya PDF Author: Anne Gitonga
Publisher:
ISBN: 9789966777362
Category : Small business
Languages : en
Pages : 42

Book Description


Small and Medium Enterprises

Small and Medium Enterprises PDF Author: Information Resources Management Association
Publisher: IGI Global
ISBN: 1466638877
Category : Business & Economics
Languages : en
Pages : 2031

Book Description
"This book provides a comprehensive collection of research on current technological developments and organizational perspectives on the scale of small and medium enterprises"--Provided by publisher.

Business Performance Measurement and Management

Business Performance Measurement and Management PDF Author: Paolo Taticchi
Publisher: Springer Science & Business Media
ISBN: 3642048005
Category : Business & Economics
Languages : en
Pages : 373

Book Description
Measuring and managing the performance of a business is one of the most genuine desires of management. Balanced scorecard, the performance prism and activity-based management are the most popular frameworks in this setting. Based on the findings of R.G. Eccles’ acclaimed "Performance Measurement Manifesto (1991)" this book introduces new contexts and themes of application and presents emerging research areas related to business performance measurement and management, e.g. SMEs and sustainability. As a result of the 1st International Summer School Piero Lunghi on "Perspectives of Business Performance Management" this book is written both for students and academics, as well as for practitioners looking for new, yet proven ways to measure and manage business performance.