The Survival and Growth of Small-Medium Size Enterprises in Ghana
- Submitted by: antwi
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- Category: Politics: Economics
- Date Submitted: 04/25/2010 09:12 AM
- Pages: 18
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MBA PROJECT PROPOSAL
THE SURVIVAL AND GROWTH OF SMALL AND MEDIUM SIZE ENTERPRISES IN GHANA
By: PETER ANTWI
Project Proposal Submitted to Leicester University in partial fulfilment of the requirements for the Degree of Masters for Business Administration
ABSTRACT
Small and medium enterprises SME(s) form significant sectors in most world economies and therefore their development is regarded as an important issue for most governments. Since Ghana’s independence in 1957, the government and business sector development in Ghana have shown great interest in the possible contributions of SME(s) in the social and economic development of the country. However, as in most industrializing countries, the SME sector in Ghana has traditionally operated under significant constraints such as financial constraints, non-financial constraints and constraints relating to the enabling environment. The SME business sector development in Ghana has been identified as one of the key elements to Ghana’s engine of growth (vision 2020) and has become an issue of priority even though many SME(s) are struggling with establishment and doing business. This acted as a motivating factor for the researcher’s interest in investigating the case where by despite improvements in Ghana’s macro economic performance and large injection of funds and other resources into the SME sector, many SME(s) have either collapsed or are barely surviving. This study has therefore sought to identify the constraints and problems to the development of SME(s). Based on general knowledge attained from literature review and findings from the interviews and analysis of the survey results, substantial measures would be developed to promote the funding and growth of SME(s).
1.0 INTRODUCTION:
Despite the many constraints and problems of SME(s), some have been able to beat the odds and turn their companies from start-ups into one of the top performers in their various sectors. The purpose of this project is to...
THE SURVIVAL AND GROWTH OF SMALL AND MEDIUM SIZE ENTERPRISES IN GHANA
By: PETER ANTWI
Project Proposal Submitted to Leicester University in partial fulfilment of the requirements for the Degree of Masters for Business Administration
ABSTRACT
Small and medium enterprises SME(s) form significant sectors in most world economies and therefore their development is regarded as an important issue for most governments. Since Ghana’s independence in 1957, the government and business sector development in Ghana have shown great interest in the possible contributions of SME(s) in the social and economic development of the country. However, as in most industrializing countries, the SME sector in Ghana has traditionally operated under significant constraints such as financial constraints, non-financial constraints and constraints relating to the enabling environment. The SME business sector development in Ghana has been identified as one of the key elements to Ghana’s engine of growth (vision 2020) and has become an issue of priority even though many SME(s) are struggling with establishment and doing business. This acted as a motivating factor for the researcher’s interest in investigating the case where by despite improvements in Ghana’s macro economic performance and large injection of funds and other resources into the SME sector, many SME(s) have either collapsed or are barely surviving. This study has therefore sought to identify the constraints and problems to the development of SME(s). Based on general knowledge attained from literature review and findings from the interviews and analysis of the survey results, substantial measures would be developed to promote the funding and growth of SME(s).
1.0 INTRODUCTION:
Despite the many constraints and problems of SME(s), some have been able to beat the odds and turn their companies from start-ups into one of the top performers in their various sectors. The purpose of this project is to...