2021
DOI: 10.37335/ijek.v9i1.129
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Barriers of Smes’ Sustainability in Sub-Saharan Africa: A PLS-Sem Approach

Abstract: Undoubtedly, entrepreneurial knowledge is a prerequisite for the survival of every business organization. To this, the contribution of Small and Medium Enterprises (SMEs) in the socio-economic development in most developing economies cannot be underestimated. Both developed and developing countries are living testimonies of their contributions to their nation’s growth and development. However, extant literature shows that as competition and innovation intensify in the global business market, many SMEs in devel… Show more

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Cited by 22 publications
(18 citation statements)
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“…Econometric analysis of linear regression model is used to examine an impact of the above-mentioned exogenic factors. For these reasons, this study also differs from other studies that emphasize the positive contributions of SMEs in the reduction of unemployment rate in Slovakian (Civelek et al, 2020;Ključnikov et al, 2022;Civelek & Krajčík, 2022) and other markets (Amoah et al, 2021).…”
Section: Introductionmentioning
confidence: 63%
“…Econometric analysis of linear regression model is used to examine an impact of the above-mentioned exogenic factors. For these reasons, this study also differs from other studies that emphasize the positive contributions of SMEs in the reduction of unemployment rate in Slovakian (Civelek et al, 2020;Ključnikov et al, 2022;Civelek & Krajčík, 2022) and other markets (Amoah et al, 2021).…”
Section: Introductionmentioning
confidence: 63%
“…SMEs are significant players of economies since they reduce poverty by creating job opportunities (Amoah, Jibril, Luki, Odei, Yawson, 2021;Civelek, Gajdka, Světlík, Vavrečka, 2020), making positive contributions to the GDP levels of nations (Belas, Amoah, Petráková, Kliuchnikava, Bilan, 2020a;Civelek, Ključnikov, Fialova, Folvarčná, Stoch, 2021) and to the development of businesses (Virglerova, Conte, Amoah, Massaro, 2020a). They are also very effective at implementing innovative strategies for their development (Kolková, Ključnikov, 2021).…”
Section: Introductionmentioning
confidence: 99%
“…The reorientation of global development provokes transformations in all policies of the country's development (Pimonenko et al, 2021;Masood et al 2017). Companies are constrained by external forces that hinder their sustainability (Amoah et al, 2021). Foreign direct investments (FDI) are a crucial element for development of modern economies.…”
Section: Introduction and Theoretical Frameworkmentioning
confidence: 99%