EXPLORING THE ECONOMIC SIGNIFICANCE OF SMALL AND MEDIUM ENTERPRISES

Journal of Governance and Regulation

Ashenafi Beyene Fanta¹ 

关键词: SMEs;    Job Creation;    Poverty Reduction;    Income Inequality;   

DOI  :  10.22495/jgr_v4_i4_p3

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

This paper aims at providing a detailed account of economic significance of small and medium enterprises by drawing on the extant body of empirical literature. It has been noted that studies on the link between SME development and economic growth are inconclusive. While modeling growth in the SME sector and its impact on economic development is a matter of ongoing scientific investigation, we emphasized on the most conspicuous economic benefits of SMEs that includes, among others, job creation, contribution to national output, reducing income inequality and poverty. We believe this may help researchers frame their future investigations in line with the benefits discussed in the paper.

【 授权许可】

CC BY-NC