Title: Surge in SME surge in economy - an explorative analysis

Authors: Tarun Kanti Bose; Md. Reaz Uddin

Addresses: Business Administration Discipline, Khulna University, Khulna-9208, Bangladesh ' Business Administration Discipline, Khulna University, Khulna-9208, Bangladesh

Abstract: This study directed towards investigating the possible linkage between the growth in SME sector and economic growth and development. Qualitative and explorative research work was carried out to detect the key underlying variables exist between the constructs. Thorough review of literature reveals quite significant and well-established relationship does exists between SME and Economy. A conceptual networking model has also been established from the data and literature. It also portrayed the relationship in a well-defined way. Further empirical data in few key sectors like employment, value added also exposed intimate and strong relationship between development of SME sector and economic growth and development.

Keywords: small and medium-sized enterprises; SMEs; economic growth; economic development; employment; value-added; network modelling.

DOI: 10.1504/IJEBR.2014.065512

International Journal of Economics and Business Research, 2014 Vol.8 No.4, pp.415 - 426

Received: 14 Sep 2013
Accepted: 17 Jan 2014
Published online: 31 Oct 2014 *

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