Küçük ve Orta Ölçekli İşletmelerin (KOBİ’ler) Somali’deki Ekonomik Büyüme ve İstihdam Yaratılmasına Etkisi

Abstract

Entrepreneurship is crucial to raising the standard of living and promoting the development of the economy. Small and medium-sized enterprises are recognized as solutions for economic growth, modernization, job creation, and income generation. The focus of this study is on how SMEs can contribute to job creation and economic growth in Somalia. This study uses a descriptive research design and a quantitative approach to gain insight into variables. A sample size of 201 participants was chosen and determined using a method of purposive or judgmental sampling. The researcher developed the questionnaire as a data collection tool which was collected using a Google forms Survey program, then edited, collated and tabulated using SPSS-statistical computer software-Version 22 and Excel 2010. Finally researchers corrected certain mistakes and anomalies to improve validity and reliability. Our study found that lack of funding, poor management skills and certain government policies are key barriers for small and medium-sized enterprises in Somalia. Our study also indicated that countries' poor policies on imported products, humanitarian aid and unregulated competition have a negative effect on developing small and medium enterprises in the region. In this study concluded that providing access to finance through banks and large companies, giving enough knowledge and skills and introducing effective policies for the growth of small and medium enterprises by the government will enhance small and medium enterprises in Somalia.

The Role of Entrepreneurship in Economic Resilience

“…Studies emphasize that SMEs play a vital role in economic development by generating employment, contributing to GDP, fostering technological innovations, and promoting economic and social development (Sari et al, 2018;Jelačić et al, 2021;Mashavira et al, 2021). SMEs are essential for economic growth, modernization, job creation, income generation, and scientific advancement in advanced economies (Maow, 2021). They are fundamental in wealth creation, employment generation, and overall economic development (Le et al, 2023;Roxas et al, 2009;Ibarra et al, 2020).…”