International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 1, 2023
Small Businesses and Economic Sustainability Critical Analyses Considering Countries’ Experiments
Author(s): Abeer Mohamed Ali Abd Elkhalek
Abstract:
The study aims at analysing the key role of small and very small firms in improving economic performance and enhancing economic sustainability. Small businesses are a critical sector in any economy as it affects the countries’ capabilities to increase their growth rates and develop the structure of production and income distribution in addition to maintain their ecological environment. This paper focuses on the importance of small business’s sector in both developed and developing countries and more specifically, in the members of Organisation for Economic Co-operation and Development (OECD countries) to identify the main role of small sized firms in achieving sustainable development and determine the effectiveness of programs held by their governments to support and encourage this sector and increase its contribution to sustainable development. Moreover, the study affords global experiences to help policy makers to benefit from the points of strengths and weakness in developing their own strategies.
Keywords: Small Businesses, Small Firms� Sector, Sustainable Development, Economic Development
Pages: 545-551
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