Sustaining "Lilliputs" in the Global Knowledge-Based Economy: Prospects for Micro, Small, and Medium- Scale Enterprises in the Developing World

  title={Sustaining "Lilliputs" in the Global Knowledge-Based Economy: Prospects for Micro, Small, and Medium- Scale Enterprises in the Developing World},
  author={Ma. Divina Gracia Z. Roldan},
  journal={European Journal of Sustainable Development},
  • M. D. G. Roldan
  • Published 2015
  • Economics
  • European Journal of Sustainable Development
Micro, small, and medium-scale enterprises (MSMEs) comprise bulk of business entities in the developing world. Their contribution is seen in terms of employment generation and capital formation. Seen as the engine of growth in present knowledge-based economies, MSMEs play a crucial role in the economic sustainability of Asian developing countries. This paper discusses the role of MSMEs in Asia, with the Philippines as a case in point. It examines issues and challenges these enterprises face, as… Expand
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