{"title":"The Micro, Small, and Medium-Sized Enterprises and Its Role in the Economic Development of a Country","authors":"J. M. Pedraza","doi":"10.5430/BMR.V10N1P33","DOIUrl":null,"url":null,"abstract":"Undoubtedly, micro, small, and medium-sized enterprises (MSMEs) play a central role in many countries’ economic development. They are a major source of entrepreneurial skills, innovation, and employment account for most businesses worldwide. MSMEs are important contributors to job creation and global economic development, representing 90% of businesses and more than 50% of employment worldwide.","PeriodicalId":9554,"journal":{"name":"Business, Management and Economics Research","volume":"71 1","pages":"33"},"PeriodicalIF":0.0000,"publicationDate":"2021-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"8","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Business, Management and Economics Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5430/BMR.V10N1P33","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 8
Abstract
Undoubtedly, micro, small, and medium-sized enterprises (MSMEs) play a central role in many countries’ economic development. They are a major source of entrepreneurial skills, innovation, and employment account for most businesses worldwide. MSMEs are important contributors to job creation and global economic development, representing 90% of businesses and more than 50% of employment worldwide.
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