Small and Medium Scale Enterprises as A Survival Strategy for Employment Generation in Nigeria

  title={Small and Medium Scale Enterprises as A Survival Strategy for Employment Generation in Nigeria},
  author={Aremu Mukaila Ayanda and Adeyemi Sidikat Laraba},
  journal={Journal of Sustainable Development},
Small and medium enterprises have been considered as the engine of economic growth and for promoting equitable development. The major advantage of the sector is its employment potential at low capital cost. The labour intensity of the SME sector is much higher than that of the large enterprises. The role of small and medium enterprises in the economic and social development of the country is well established. The sector is a nursery of entrepreneurship, often driven by individual creativity and… Expand
The Critical Role of Micro, Small & Medium Enterprises in Employment Generation: An Indian Experience
The purpose of this study is to examine the role of Micro, Small and Medium Enterprises (MSMEs) in Indian economy towards employment generation. It is found that this sector provides employment toExpand
Contribution of Small and Medium Enterprises Run by Women in Generating Employment Opportunity in Rwanda
Small and Medium Enterprises are the key to the national economic development as a way to improve its population livelihood. The main reason for this sector is a potential employment with the lowExpand
Small and Medium Enterprises as Engine in Economic Growth of Pakistan: An Empirical Analysis
In today economy the Small & Medium Enterprises are consider the veritable tool for the economic growth of a country. Due to its vital importance in the contribution of GDP, all the developed andExpand
Strengthening Small and Medium Enterprises (SMEs) as a Strategy for Poverty Reduction in North Western Nigeria
This study examines how strengthening the Small and Medium Enterprises (SMEs) contributes to poverty reduction in north western Nigeria. Primary data was collected through the administration ofExpand
An Assessment of the Roles of Small and Medium Enterprises (SMEs) in the Local Economic Development (LED) in South Africa
Abstract Throughout the world, Small and Medium Enterprises (SMEs) play a crucial role in addressing the impediments of poverty, inequality and job creation in rural areas. They are an importantExpand
External forces affecting Small businesses in South Africa: A case study
Small Medium and Micro Enterprises (SMMEs) play an important role in the economy of many countries. The Small Medium and Micro Enterprises (SMMEs) sector is a major contributor to technicalExpand
SMEs Financing and Its Effects on Nigerian Economic Growth
Small and Medium Enterprises play key roles in transition and developing countries (OECD, 2002). These firms typically account for more than 90% of all firms outside the white-collar jobs sector,Expand
Growth effect of Small and Medium Enterprises ( SMEs ) Financing in Nigeria
The issue of sustainable growth and development has been a growing concern for policy makers and researcher in developing countries such as Nigeria. One of the problems faced by Small and MediumExpand
This paper focuses on the unemployment predicament in Nigeria and supports other submissions on entrepreneurship and small business development as panacea to this malady. Attempt is made to drawExpand
Manufacturing micro, small and medium enterprises and gross domestic product in Nigeria
Gross Domestic product (GDP) is a very sensitive macroeconomic variable essential for economic growth and development of any country. Micro Small and Medium Enterprises (MSMEs) are engine of growthExpand


The Population of Organisations Life Cycle (POLC): Implications for Small Business Assistance Programs
DENNIS HOWARD AND DAMIAN HINE ARE PhD candidates working at Southern Cross University, Australia. Despite the wealth of programs employed by governments towards the small business sector, there isExpand
The Five Stages of Small Business Growth
Develops a model relevant to small and growing businesses that delineates five stages of firm development. These stages are: (1) existence--concerned with garnering customers and delivering theExpand
Growth constraints on small-scale manufacturing in developing countries: a critical review
Abstract The question raised in this review is whether small-scale producers in developing countries can expand or whether they are up against constraints which stunt their growth. Most of theExpand
Collective efficiency: Growth path for small‐scale industry
This study is concerned with the growth of small local industry in developing countries and explores one particular route for understanding and fostering such growth. It focuses on the clustering ofExpand
The Performance and Competitive Advantage of Small Firms: A Management Perspective
PETERJENNINGS, NOW WITH SOUTHAMPTON Institute, England, was at the time of writing with Sheffield Hallam University, England, and Graham Beaver is with Nottingham Trent University, England.Expand
Small firms and their helpers: Lessons on demand
Abstract Small-enterprise (SE) programs are currently the rage because of their potential to create employment. They are typically supply-driven — providing standardized training, technicalExpand
Natural Capital and Sustainable Development
Abstract: A minimum necessary condition for sustainability is the maintenance of the total natural capital stock at or above the current level. While a lower stock of natural capital may beExpand
Environmental Management and Business Strategy
1. Introduction: The environmental challenge and business strategy 2. The legislative Frameworks 3. Environmental impact assessment: prevention is better than cure 4. Making a start: environmentalExpand
The measurement of inequality and poverty: A policy maker's guide to the literature
Abstract Mathematical measures of poverty and inequality embody values that reflect the historical, political, social, intellectual and ethical forces prevalent at the time of their formulation. SoExpand
Shifting Paradigms for Sustainable Development: Implications for Management Theory and Research
Modern management theory is constricted by a fractured epistemology. which separates humanity from nature and truth from morality. Reintegration is necessary if organizational science is to supportExpand