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The objective of this research was to apply scientific methodology to identify the factors that affect the growth and effectiveness of Very Small, Small and Medium-sized Enterprises (SMEs) in Cameroon. This was done through analyzing data on a sample which was randomly selected from two purposively chosen Cameroonian cities, Douala and Yaounde. A structured questionnaire was used for data gathering on entrepreneur characteristics as well as the internal and external factors that were assumed to have possible impact on SME growth and development. The reliability or internal consistency of the data set was determined by means of the Cronbach’s Alpha procedure. The factors that have an impact on the SME growth and effectiveness were empirically analyzed by means of the Pearson’s Correlation coefficient approach. The study concludes that the factors that are imperative in the success of SMEs are generally of a socio-economic as well as a political nature. A package of recommendations was suggested to facilitate the enhancement of SMEs in Cameroon as well as similar developing countries.

Strengthening Enterprises Growth and Effectiveness in Developing Economies. A case of Very Small, Small and Medium-sized Enterprises in Cameroon