2016
DOI: 10.4236/ajibm.2016.65052
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Impact of Government and Other Institutions’ Support on Performance of Small and Medium Enterprises in the Agribusiness Sector in Ghana

Abstract: The focus of the study is to examine the impact of government and other Institutions' support on the performance of small and medium-sized enterprises in agribusiness sector of Ghana. The research adopts quantitative research design. Research evidence was gathered via a questionnairebased survey of selected agribusiness companies in Ghana. The variables used for study were tested through correlation and regression analysis. The results posit that government support had a statistically significant and direct ef… Show more

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Cited by 29 publications
(31 citation statements)
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“…These government's supports contribute to the increase in business income, jobs opening, more orderly business accounting, and healthier business finances. This is in line with the findings of Ntiamoah, Li, and Kwamega (2016) and Zindiye, Chiliya, and Masocha (2012) that the government and other stakeholders have positive roles on the performance of MSMEs, especially in providing skills training.…”
Section: Resultssupporting
confidence: 90%
“…These government's supports contribute to the increase in business income, jobs opening, more orderly business accounting, and healthier business finances. This is in line with the findings of Ntiamoah, Li, and Kwamega (2016) and Zindiye, Chiliya, and Masocha (2012) that the government and other stakeholders have positive roles on the performance of MSMEs, especially in providing skills training.…”
Section: Resultssupporting
confidence: 90%
“…Whereas access to financing can give people chance to find their way out of poverty, government support of SMEs in form of loans is not effective due to high interest rates, collateral requirements and complicated processes (Ntiamoah, Li, & Kwamega, 2016). This study recommended effective strategies to increase the growth and productivity of the sector, and establishing an enabling environment that would help in the proper structuring of SMEs in order to contribute to economic growth.…”
Section: Financial Supportmentioning
confidence: 99%
“…Increased SME growth has a direct effect on GDP growth due to increased output, value addition and profits; bolsters a country's resilience by broadening and diversifying the domestic economy, thereby reducing the vulnerability to sector-specific shocks (Dhliwayo, 2014); provide goods and services to local markets and frequently produces inputs used by large firms, provide employment and income for the majority of the local workers (Directorate of Development of Small and Medium Sized Enterprises, 2011). However, their role can only be realized if there are government supportive policies to help them gain access to capital, technology improvement, quality improvement, skill development and access to both domestic and international markets (Ntiamoah, Li, & Kwamega, 2016).…”
Section: Enterprise Developmentmentioning
confidence: 99%
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“…And the government as a catalyst helps the development of SMEs, by protecting intellectual property and stimulating the growth of SMEs creativity by giving rewards. The role of SMEs in contributing to economic growth is significant if there is a government policy that supports and helps SMEs to gain access to capital, technological improvement, quality improvement, skills development, and able to dominate domestic and international markets (Ntiamoah, Li, & Kwamega, 2016).…”
mentioning
confidence: 99%