Growth of Micro, Small and Medium Enterprises (MSMEs) in MENA Countries: Constraints and Success Factors
Purpose: This study attempts to contribute to a better understanding of the main constraints/ boosters for MSME growth in selected countries of the MENA region (Tunisia, Egypt, Morocco and Jordan). Design/Methodology/Approach: A multinomial logit model is used to investigate the impact of a thre...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
CSRC Publishing
2021-06-01
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Series: | Sustainable Business and Society in Emerging Economies |
Subjects: | |
Online Access: | http://publishing.globalcsrc.org/ojs/index.php/sbsee/article/view/1643 |
Summary: | Purpose: This study attempts to contribute to a better understanding of the main constraints/ boosters for MSME growth in selected countries of the MENA region (Tunisia, Egypt, Morocco and Jordan).
Design/Methodology/Approach: A multinomial logit model is used to investigate the impact of a three-fold classification of firm growth determinants (company characteristics, manager characteristics and business environment characteristics). The database is provided by the World Bank Enterprise Surveys (MENA ES).
Findings: Results give statistically robust evidence that innovative firms are more likely to grow.
Implications/Originality/Value: Therefore, the implementation of efficient and well-governed systems of innovation is a priority in the MENA region.
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ISSN: | 2708-2504 2708-2172 |