Growth of Micro, Small and Medium Enterprises (MSMEs) in MENA Countries: Constraints and Success Factors
Rim Ben Ayed Mouelhi and
Monia Ghazali
Sustainable Business and Society in Emerging Economies, 2021, vol. 3, issue 2, 59-73
Abstract:
Purpose: This study attempts to contribute to a better understanding of the main constraints/ boosters for MSME growth in selected countries of the MENA region (Tunisia, Egypt, Morocco and Jordan).Design/Methodology/Approach: A multinomial logit model is used to investigate the impact of a three-fold classification of firm growth determinants (company characteristics, manager characteristics and business environment characteristics). The database is provided by the World Bank Enterprise Surveys (MENA ES).Findings: Results give statistically robust evidence that innovative firms are more likely to grow.Implications/Originality/Value: Therefore, the implementation of efficient and well-governed systems of innovation is a priority in the MENA region.&
Keywords: Multinomial logit; Innovation; Growth; Micro; small and medium enterprises (MSMEs) (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:src:sbseec:v:3:y:2021:i:2:p:59-73
DOI: 10.26710/sbsee.v3i1.1643
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