Challenges Faced by Small and Micro Enterprises in Sri Lanka
Kahadawa Appuhamilage Sucharitha Navarathne
Issue:
Volume 2, Issue 6, November 2017
Pages:
34-37
Received:
27 October 2017
Accepted:
8 November 2017
Published:
25 December 2017
Abstract: Small and micro enterprises play a significant role in most economies, whether developed or developing. However, in developing countries these enterprises have tended to be looked at from a development, or poverty alleviation perspective, rather than as entrepreneurial activities and potentially growing businesses. This paper presents a study of a group of small and micro entrepreneurs in Sri Lanka from an entrepreneurship perspective rather than a development one. The purpose of this paper is to document the challenges faced by group of successful small and micro entrepreneurs in Sri Lanka, who received micro-financing to establish or grow their micro-enterprises and to examine these enterprises in terms of their potential for long term success. Case study approach was adopted as the methodology of the study to gain a holistic understanding in a given context. The identified challenges in the given context were maintaining higher quality of product and services, upgrading the technology, business rules and regulations related issues, competition issues and infrastructure issues. The successful small and micro entrepreneurs already believe that they are successful - but still have aspirations to grow further.
Abstract: Small and micro enterprises play a significant role in most economies, whether developed or developing. However, in developing countries these enterprises have tended to be looked at from a development, or poverty alleviation perspective, rather than as entrepreneurial activities and potentially growing businesses. This paper presents a study of a ...
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Regional Features of the Modernization State of Human Development in the Context of Productive Forces Modernization
Issue:
Volume 2, Issue 6, November 2017
Pages:
38-42
Received:
29 October 2017
Accepted:
30 November 2017
Published:
2 January 2018
Abstract: The article analyzes the level of modernization state of human development on the basis of analysis of its components, such as the level of reproduction of the population, the level of education of the population, the level of scientific activity of the population, the level of material security of the population and the level of comfort of life of the population. Grouping of regions of Ukraine was conducted and a cartographic analysis of regional features of the modernization state of human development was presented.
Abstract: The article analyzes the level of modernization state of human development on the basis of analysis of its components, such as the level of reproduction of the population, the level of education of the population, the level of scientific activity of the population, the level of material security of the population and the level of comfort of life of...
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