IDEAS home Printed from https://ideas.repec.org/a/taf/entreg/v30y2018i9-10p1012-1026.html
   My bibliography  Save this article

Exploring the characteristics of prosperous SMEs in the Caribbean

Author

Listed:
  • Densil A. Williams
  • Boumediene Ramdani

Abstract

Despite the extensive literature on small business growth and performance, relatively little is known on the features of firms that have been prosperous for a long period of time. Adopting Storey’s determinants of growth framework, this study explores the characteristics of the entrepreneur, the firm, and the firm’s strategy contributing to the prosperity of small firms in the Caribbean. Using multiple case studies from across the region, this study reveals that SME prosperity in the Caribbean seems to depend on combining certain characteristics namely, the entrepreneur’s strategic leadership, networks, and intimate knowledge of products and business operations, and the firm’s strategy of branding and market diversification. The findings show that unlike the results from previous studies in large and developed countries, it is a mix of these characteristics that determines SME prosperity. Research and policy implications of these findings are discussed.

Suggested Citation

  • Densil A. Williams & Boumediene Ramdani, 2018. "Exploring the characteristics of prosperous SMEs in the Caribbean," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 30(9-10), pages 1012-1026, October.
    • Handle: RePEc:taf:entreg:v:30:y:2018:i:9-10:p:1012-1026
    DOI: 10.1080/08985626.2018.1515826
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/08985626.2018.1515826
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/08985626.2018.1515826?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ramdani, Boumediene & Belaid, Fateh & Boukrami, Elias, 2022. "Profiling exporting SMEs: The role of innovation-orientation," Journal of Business Research, Elsevier, vol. 149(C), pages 1-13.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:entreg:v:30:y:2018:i:9-10:p:1012-1026. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TEPN20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.