For a country like Ethiopia, Africa's second most populous nation, the development of MSMEs helps to reduce unemployment and boost the country's overall economy by fostering the growth of industries. For this reason, the overall objective of the study is to assess and analyze major challenges hindering the development of Micro, Small, and Medium Enterprises in Ethiopia. Wood and metalwork, food processing, and textile and garment subsectors located in Nifas Silk Lafto Sub-city/Addis Ababa, were chosen for data collection due to their convenience. Survey data was collected from 291 MSME owners and/or managers, through a questionnaire. Descriptive findings showed that financial, infrastructural, working place, and technological factors, respectively, were found to be the four top most severe problems that challenged the MSMEs development. Inferential analysis output, on the other hand, indicates that technological, marketing, work place, political-legal, and infrastructure factors all have a significant effect on the development of MSMEs, with the exception of infrastructure.
MSMEs Challenges of MSME’s Prospects of MSME’s Development of MSMEs
Birincil Dil | İngilizce |
---|---|
Konular | İşletme |
Bölüm | Makaleler |
Yazarlar | |
Erken Görünüm Tarihi | 31 Temmuz 2023 |
Yayımlanma Tarihi | 31 Temmuz 2023 |
Gönderilme Tarihi | 12 Mayıs 2023 |
Kabul Tarihi | 21 Temmuz 2023 |
Yayımlandığı Sayı | Yıl 2023 Cilt: 6 Sayı: 1 |
InTraders Uluslararası Ticaret Akademik Dergisi
Editör Kurulu
Prof. Dr. Adriana BURLEA-SCHIOPOIU, University of Craiova, Romania
Prof. Dr. Tulus Suryanto, Universitas Islam Negeri Raden Intan Lampung, Indonesia
Assoc. Prof. Dr., Liza ALILI SULEJMANI, International Balkan University, Macedonia
PhD Faculty Member, Ali YILDIZ, Muğla Sıtkı Koçman University, Türkiye
Dr. Instructor Sobia HASSAN, Lahore College For Women University, Pakistan
intradersorg@gmail.com
InTraders International Trade Academic Journal isimli yazarın InTraders International Trade Academic Journal başlıklı eseri bu Creative Commons Atıf-GayriTicari 4.0 Uluslararası Lisansı ile lisanslanmıştır.