Barriers to Growth in SMEs

Mansoor Durrani and Grahame Boocock

Chapter 3 in Venture Capital, Islamic Finance and SMEs, 2006, pp 20-34 from Palgrave Macmillan

Abstract: Abstract This chapter deals with the barriers to growth faced by SMEs. The focus here is on financing issues because access to credit, especially for new investment, has been a recurring constraint on the growth and development of smaller enterprises across the globe (Levy, 1993; Parker et al., 1995). The chapter then discusses other barriers affecting the SME sector, for example: the issues of critical concern for UK SMEs over recent years have been not only the cost and availability of finance but also market-related factors, namely the threat of competition and/or lack of demand (Burns, 2001). Finally, the chapter draws together the arguments as to why governments choose to intervene to assist SMEs.

Keywords: Venture Capital; Credit Rationing; Equity Capital; Small Enterprise; Risk Capital (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62625-6_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230626256

DOI: 10.1057/9780230626256_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().