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The Development of SMEs in Turkey

Author

Listed:
  • Nurrachmi, Rininta Nurrachmi
  • Abd Samad, Khairunnisa
  • Foughali, Ibrahim

Abstract

SMEs have become key catalyst for economic development in Turkey. As the member of EU, SMEs in Turkey is open to borderless opportunities to trade in international market whereby it become major export to the European countries. However, the vulnerable of Turkey’s economic condition and other issues have cause difficulty to the SMEs to develop. Hence, this paper will observe the SME condition, its contribution to economic development in Turkey as well as to explore the constraints, issue and challenge. Also, it critically examine the improvement of SMEs particularly the Strategy & future perspectives in short, mid and & long term. The study employs “the kobayachi's micro & macro models” as research methodology. The finding of the study shows that, by employing the Micro analysis, SMEs in Turkey is confronting critical issues such as financial bottleneck, lack of marketing and innovative activities. However, there are many policies and strategic plans were embarked to support the bright future of SMEs in Turkey by way of short, mid and long term plan.

Suggested Citation

  • Nurrachmi, Rininta Nurrachmi & Abd Samad, Khairunnisa & Foughali, Ibrahim, 2012. "The Development of SMEs in Turkey," MPRA Paper 46817, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:46817
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    File URL: https://mpra.ub.uni-muenchen.de/46817/1/MPRA_paper_46817.pdf
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    References listed on IDEAS

    as
    1. Seker, Murat & Correa, Paulo Guilherme, 2010. "Obstacles to growth for small and medium enterprises in Turkey," Policy Research Working Paper Series 5323, The World Bank.
    2. Rauf Gönenç & Oliver Röhn & Vincent Koen & Şeref Saygili, 2012. "Structural Reforms to Boost Turkey's Long-Term Growth," OECD Economics Department Working Papers 987, OECD Publishing.
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    Cited by:

    1. 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.

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    More about this item

    Keywords

    SME; Turkey; Development; Improvement;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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