Role of Micro, Small and Medium Enterprises in the Economic Development of India

Author(s):  
K. Rajaiah ◽  
P.R. Sivasankar
2021 ◽  
Vol 18 ◽  
pp. 215-221
Author(s):  
Afrim Loku ◽  
Nadire Loku ◽  
Naim Baftiu

This study aims to broaden the understanding of the importance of SMEs (Small and Medium Enterprises) for the economy of Kosovo, especially in terms of economic development, labor market and innovation. The study was conducted through analysis of documentary sources such as relevant reports of national and international institutions as well as relevant scientific papers. The scientific contribution of this study is theoretical and aims to help researchers of the field for an expanded understanding of SMEs over national economies. This study provides a concise framework of important elements on the economic impact of SMEs on Kosovo's economy. Examination of available data has shown that the SME sector plays a crucial role for the Kosovo economy. The key role of SMEs was emphasized in terms of overall value generated and the labor market while innovation remains a challenge to be addressed by stakeholders


Author(s):  
E. V. Reznikova

The development of small and medium enterprises (SME) plays an important role in the comprehensive modernization of the economy of single-industry towns, acting as a factor of its growth and diversification. The analysis of the dynamics of the development of SME of non-diversified municipal formations and directions of its state support was made, suggestions on the monitoring organization of statistical factors of SME in single-industry towns and on the development of comprehensive investment plans on modernization of single-industry towns were made in a part of the development and support of small and medium businesses in single-industry towns.


2011 ◽  
pp. 2086-2105
Author(s):  
Yu Chung William Wang ◽  
Michael S.H. Heng

Many Small and Medium Enterprises (SMEs) have been under pressures from large firms to implement Business-to-Business e-commerce (B2B e-commerce) information systems. However, these SMEs have faced various challenges to do so in the supply chain. This chapter explains the role of Taiwanese government in supporting SMEs in implementing e-commerce by analysing the interactions of government teams with current projects, and challenges of Taiwanese SMEs. Discussions and analyses focus on the government help in setting up infrastructure, B2B e-commerce implementation, and interfirm interactions among SMEs and larger firms. The Taiwanese government has been promoting its global logistic strategy for economic development which stresses supply chain integration by bridging information flows among overseas enterprises, domestic large firms, and local SMEs. Government projects related to this strategy are intended to anchor SMEs’ growing needs in linking B2B e-commerce with large firms. Our analyses and proposal dwell on how government can further bridge the gaps between the intrinsic barriers of SMEs and the interactions with larger firms in B2B e-commerce implementation.


2019 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Adi Putra ◽  
Hasan Basri

UMKM are very important to note because UMKM are a driver of national economic development. The important role of UMKM is the most productive sector at the time of the monetary crisis in Indonesia. The development of UMKM is also the most important element for economic development policies to create jobs, equal income, economic growth, alleviate poverty and increase income for the regional economy. This study aims to determine how the socio-economic conditions of UMKM actors in the Tourism Object area of the Muaro Jambi Temple Complex, with descriptive statistical analysis methods, frequency analysis, factor analysis and influence tests to determine the effect of independent variables and dependent variables. the results of this study find out how the socio-economic conditions of Micro, Small and Medium Enterprises in the area of Tourism Object Muaro Jamb ensemble complex, and obtained models and strategies for business development from social capital owned by the community.


2019 ◽  
Vol 3 (1) ◽  
Author(s):  
Bangun Kuncoro Haryo Aryanto ◽  
Fitriyah Fitriyah

This paper discusses that one way to overcome poverty is by effective economic development. Economic development with a charitable nuance is only a short-term solution and it is feared that it cannot sustainably overcome poverty. Therefore, an inclusive empowerment process is needed, one of which is an economic empowerment program by WVI in the form of economic assistance to present the independence of the community with small and medium enterprises. Through a qualitative study in this paper researchers tries to provide an overview of the role of assistant in empowerment activities. In empowerment, assistant acts as a change agent. There are three things that make WVI as an assistant play an important role in empowerment. Assistant have a role as enablers where they enable change by placing the community as the subject of change. The assistant also plays a role in improving business competence. Lastly, to create sustainable conditions, the assistant needs to initiate the formation of a social system in the community as a vehicle for independent problem solving.


Author(s):  
Ioannis Antoniadis ◽  
Elpida Tryfon Samara ◽  
Thomai Karamitsou

The role of innovation as a vital driving force of entrepreneurship and economic development has been widely acknowledged. Especially in an era of economic turbulence, innovation can be seen as the only realistic strategy that can lead enterprises out of the crisis. Based on the innovation taxonomies identified in the Oslo Manual, namely organizational, marketing, process, and product innovation, a survey was carried out in a Greek region adapting the fourth Community Innovation Survey questionnaire in 43 SMEs, capturing the effects of economic recession on the firms' innovativeness, and drawing a profile of the entrepreneurship innovation in the region of Western Macedonia, Greece. By applying a strategic group's approach, the authors come up with some interesting findings concerning the type of SME innovativeness and results of innovation during a period of financial crisis.


Author(s):  
Dr. Subrahmanian Muthuraman ◽  
Mohammed Al Haziazi ◽  
Rengarajan Veerasamy ◽  
Nasser Al Yahyaei

Enhancing small business development and promoting entrepreneurship would be a good strategy to contribute and promote economic development. From the socio-economic development viewpoint, SMEs provide a variety of benefits. The purpose of this study is to examine the link between economic growth and small and medium enterprise performance and develop a conceptual framework in Oman context.Desk Research technique was conducted for this study. The contribution which small and medium businesses can make to national economy and wealth creation needs to be recognized by the governments from the beginning and be considered as part and parcel of the economic development process. SMEs are the major growing force behind the growing economy of the Sultanate of Oman. Experts and economists are unanimous about the role of small and medium enterprises in the development of Oman’s economy. Small and medium enterprises, now representing the largest category in the economic sector, will complement the activities of large-scale businesses as industrialization gains pace in Oman. There is a need to emphasize the role of SME entrepreneurs in economic development, and to ascertain the role of SMEs in capacity building, employment generation, promoting competitive market, technological development for the economic growth of the Sultanate of Oman.


2015 ◽  
Vol 10 (6) ◽  
pp. 259-264
Author(s):  
Прокопович ◽  
Galina Prokopovich

The article deals with the problems of antimonopoly policy and development of small and medium enterprises in conditions of protectionism in Russia. On the basis of comparative analysis of the industrial economies of the various countries and of government tools used for social and economic development, the problems are identified and the mechanisms of implementation of antimonopoly policy and development of small and medium enterprises in conditions of protectionism in Russia are suggested. The author proves the necessity of transformation of the Russian economy, the mainstay of which serves small and medium businesses in crisis.


2021 ◽  
Vol 2 (3) ◽  
pp. 298-304
Author(s):  
Agus Yudianto ◽  
Meddy Nurpratama

In economic development, the role of micro, small and medium enterprises (MSMEs) is one of the drivers of the economy. It can be proven that the existence of MSMEs is able to provide jobs, reduce the number of unemployed and become a means of introducing local products so that they can be known by all circles of society. MSMEs exist because they provide opportunities that are used by MSME actors in providing community needs, businesses that are viral and provide business opportunities, tastes, prices are affordable by the general public, there are consumers who become loyal customers, the availability of raw materials that open up business opportunities, and etc.


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