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The Role and Challenges of Small and Medium-sized Enterprises (Smes) in Emerging Economies: An Analysis from Turkey

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  • Hande Karadag

Abstract

Small and medium-sized enterprises (SMEs) form a large part of economy. As SME sector has a crucial role in creating new jobs, economic growth and innovation, these economic units are worldwide acknowledged as the key actors of socioeconomic development. In Turkey, significance of SMEs is relatively higher, caused by not only from their huge share in the economy, amounting to 99.9% of all registered enterprises, but also their ¡°backbone¡± function in the dynamic but turbulent Turkish economy. As Turkey experienced severe economic crises during the recent decades, SMEs became one of the major elements of the growth and development policies of regulatory authorities. This paper aims to address this critical role of small and medium sized companies by investigating factors behind the rising popularity of SME sector in Turkey, while at the same time pinpointing the major adventageous and problematic areas. Turkey is among major emerging economies, therefore the analysis this expected to make a significant contribution to literature about small business sector in developing economies by taking the factors constraining the growth of Turkish SME sector to the spotlight.

Suggested Citation

  • Hande Karadag, 2015. "The Role and Challenges of Small and Medium-sized Enterprises (Smes) in Emerging Economies: An Analysis from Turkey," Business and Management Studies, Redfame publishing, vol. 1(2), pages 179-188, September.
    • Handle: RePEc:rfa:bmsjnl:v:1:y:2015:i:2:p:179-188
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    Citations

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    Cited by:

    1. Seda Koymen & Amelia U. Santos-Paulino & Claudia Trentini & Berna Dogan, . "The role of innovation policies in SME internationalization: Evidence from Türkiye," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    2. Sıdıka Başçı & Aysegül Durucan, 2017. "A Review of Small and Medium Sized Enterprises (SMEs) in Turkey," Yildiz Social Science Review, Yildiz Technical University, vol. 3(1), pages 59-80.
    3. Y. Yolanda, 2017. "Analysis of Factors Affecting Inflation and its Impact on Human Development Index and Poverty in Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 38-56.
    4. Angelo Arcuri & Lorenzo Giolli, 2022. "The relationship between upstream vertical integration and environmental sustainability in the luxury fashion industry," SN Business & Economics, Springer, vol. 2(7), pages 1-20, July.
    5. Khaled Otman, 2023. "Small and Medium Enterprises in the Middle East and North Africa Region," International Journal of Business and Management, Canadian Center of Science and Education, vol. 16(5), pages 1-55, February.
    6. Katarzyna Grondys & Oliwia Ślusarczyk & Hafezali Iqbal Hussain & Armenia Androniceanu, 2021. "Risk Assessment of the SME Sector Operations during the COVID-19 Pandemic," IJERPH, MDPI, vol. 18(8), pages 1-19, April.
    7. Ireneusz Zuchowski & Agnieszka Brelik, 2017. "The Relationship of Managers with Subordinates as a Development Enabler of Enterprise in the SME Sector," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 51-65.

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