The Role of Small and Medium Enterprises in the Economic Development

The Role of Small and Medium Enterprises in the Economic Development

Project / Seminar Material
Reference ID: PS-14684-TM

DEDICATION

This research material titled “The Role of Small and Medium Enterprises in the Economic Development” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Business Administration and Management (BAM), Book Authors and Profound Scholars of existing or related project material on “The Role of Small and Medium Enterprises in the Economic Development” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    This study examines the role of small and medium businesses in the economic development of Ghana. The research assesses the mechanisms established by government and its agencies to assist in sustaining and promoting small and medium enterprises (SMEs) in Ghana. The study further fo-cuses on the source of finance for SMEs, problems encountered and the role of other stakeholders.

    The purpose of this study is to determine the effect SMEs have on the Ghanaian economy in terms of economic growth and the need for promoting and sustaining such businesses. The research was conducted in the Greater Accra region. Information was gathered by interviewing entrepreneurs whose businesses are classified as SMEs together with other stakeholders. These interviews repre-sent the primary sources of data collected. The secondary sources of data were obtained from articles, journals, and other printed and electronic publications. Tertiary data were collected from the Ghana Statistical service, Wikipedia and dictionaries. The data collected were as ana-lyzed in qualitative and quantitative terms using predictive analysis software statistics tool.

    The empirical section of the study examined and reviewed theories on the concept and character-istics of SMEs with common constraints associated with all SMEs

    The result obtained from the study indicated that SMEs in Ghana are a major contributor to the total GDP and employ a large number of the active populace but they are faced with numerous challenges and the government is doing little to address these problems. A detailed conclusion is presented in the study with recommendations on how to sustain, promote, finance, and attract aspiring entrepreneurs.


    The Role of Small and Medium Enterprises in the Economic Development

    CHAPTER ONE

    1.1 Introduction

    … As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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