Competitiveness of Smes in the Arab Countries

Competitiveness of Smes in the Arab Countries
Author :
Publisher : Createspace Independent Publishing Platform
Total Pages : 138
Release :
ISBN-10 : 1548529397
ISBN-13 : 9781548529390
Rating : 4/5 (390 Downloads)

Book Synopsis Competitiveness of Smes in the Arab Countries by : Hussein Elasrag

Download or read book Competitiveness of Smes in the Arab Countries written by Hussein Elasrag and published by Createspace Independent Publishing Platform. This book was released on 2017-07-02 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Promoting (SMEs) have been one of the best strategies for achieving economic development. Many Arab countries have recognized the importance of small and medium-sized enterprises (SMEs), and have formulated policies to encourage, support, and fund there. The benefits of SMEs to any economy are easily noticeable, they include: contribution to an economy in terms of creation of jobs, development of skilled and semi-skilled workers, and developing and adapting appropriate technological approaches. Following are the major driving force to strengthen SMEs in the Arab countries: (1) SMEs are the important vehicle in terms of employments and poverty alleviation. SME employs a large share of the labor force in many Arab countries.(2) SMEs make significant contributions to the national economy of the country; and can be a tool to accelerate the growth of exports. (3) SMEs foster an entrepreneurial culture and make the economy more resilient to the global fluctuations. This book's aim is to layout some general principles of support to enhancing the competitiveness of SMEs in the Arab countries.


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