Open AccessThe Role of Small and Micro Enterprises in Light of the Current Crisis in Yemen
Author(s) -
Mr.Mohammed Mostafa Mohammed Qaied*,
Dr.Kundan Basavaraj
Publication year - 2020
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.e5710.018520
Subject(s) - business , job creation , small business , business development , industrial organization , developing country , small and medium sized enterprises , economic growth , marketing , economics , finance , labour economics
one of the most important elements in achieving development in all countries of the world is small and micro enterprises, as they account for the highest percentage of all kinds of development ventures of different sizes. The SME sector remains a vital sector, a major source of jobs, growth, and development for the Yemeni business and other developing and underdeveloped countries. This study aims to identify the role of Small and micro enterprises in light of the current crisis in Yemen which depended on primary and secondary data which covered from 2014 to 2018. We used the percentage, figures, and tables for describing the contribution, job creation, number of projects as well as the costs of small and micro-enterprises. The results showed that there are several challenges facing SMEs which limited the contributions of SMEs in the development of the business. Moreover, the researcher recommended certain Strategies to boost and improve the role of Small and micro enterprises in the country's development.