The role of small enterprises in the household and national economy in Kenya: A significant contribution or a last resort?

Entrepreneurial Engagement Choice and Credit Constraints: Empirical Analysis of Urban Informal Microentrepreneurship in Sri Lanka

“…However the effect size, type of functional form and the effectiveness of the significance varies highly (Blanchflower & Meyer, 1994;Blanchflower, 2000;Evans & Leighton, 1989;Delmar & Davidsson, 2000;Mueller, 2006) while some studies find it is insignificant (Evans & Jovanovic, 1989). When gender impact is considered in terms of entry choice, it was found that men are more likely involved in entrepreneurial activity than women in developed country setting (Minniti, Arenius, & Langowitz, 2005;Reynolds et al, 2002) while women are prominent in developing countries (Daniels, 1999;De Mel & Woodruff, 2010;Mead & Liedholm, 1998).…”

“…The microenterprise approach is often justified and increasingly being acknowledged as the most viable path to achieve economy's growth through generation of income, wealth and employment, reduction of poverty, (Daniels, 1999;FIELD, 2012); provision of the seedbed of industrialization (Grosh & Somolekae, 1996) and generally promoting social, economic and human development in developing as well as developed world (Mullei, 2002;Levy & Bradburd, 1995;World Bank [WB], 2013). Therefore, the microenterprise approach to the informal sector has been identified as a policy based approach that recognizes micro entrepreneurs as the major part of the informal sector (Gunatilaka, 2008).…”

“…But the stylized fact, in low income countries is the presence of a large number of micro enterprises with subsistence activities which rarely make the transition to the formal sector as entrepreneurs (Gollin, 2008, Woodruff, 2012. The reasons behind this nature may be attributed to their activity selection, entry choice, future vision, objectives of starting the business, resource availability, including adequate financial access, educational level, skills acquired, poverty level and so on (Cunningham & Maloney, 2001;Daniels, 1999;Kuzwila, 2005;Mead & Liedholm, 1998;Roy & Wheeler, 2006;Shaw, 2004). Careful investigation of these factors shows that most of these impediments should be corrected at the starting stage and it can be done providing correct assistance for the entry-stage choice.…”

Investigating Web Based Marketing in the Context of Micro and Small-Scale Enterprises (MSEs): A Decision Tree Classification Technique

“…However, numerous studies (e.g., Daniels, 1999;Fajnzylber, Maloney & Montes-Rojas, 2009;Hampel-Milagrosa, Loewe & Reeg, 2015;Nichter & Goldmark, 2009) posit that MSEs are indeed struggling to fulfil their economMaterial published as part of this publication, either on-line or in print, is copyrighted by the Informing Science Institute. Permission to make digital or paper copy of part or all of these works for personal or classroom use is granted without fee provided that the copies are not made or distributed for profit or commercial advantage AND that copies 1) bear this notice in full and 2) give the full citation on the first page.…”

Microfinance, EU Structural Funds and Capacity Building for Managing Authorities

“…It has been argued that a dynamic and growing micro-and small-sized enterprise sector can contribute to the achievement of a wide range of development objectives, including the attainment of income distribution and poverty reduction (DFID, 2000); creation of employment (Daniels, 1999); provision of the seedbed of industrialisation (Grosh and Somolekae, 1996); savings mobilisation (Beck et al, 2005a) and production of goods and services that meet the basic needs of the poor (Cook and Nixson, 2005). In general, microand small-sized enterprises are seen as an integral component of the informal sector in most developing countries.…”