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Small Medium Enterprises (SMES) in Turkey and Malaysia a comparative discussion on issues and challenges

Abdul Razak, Dzuljastri and Abdullah, Moha Asri and Ersoy, Arif (2018) Small Medium Enterprises (SMES) in Turkey and Malaysia a comparative discussion on issues and challenges. International Journal of Business Economics and Law, 15 (3). pp. 1-10. ISSN 2289-1552

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Abstract

Small and medium-sized enterprises (SMEs) inTurkey and Malaysia play significant economic and social roles by offering new job opportunities, lowering unemployment rate, increasing competition, productivity and providing substantial benefits to the economy of both countries. It has contributed to more than 90 percent of total establishments and more than 40 percent of countries GDP. The purpose of this study is to investigate issues and challenges that have affected the growth of SMEs in both countries. In identifying the issues and challenges, three factors in the Kobayashi (1997) micro model for SMEs namely, financial assistance, impact of knowledge-based economy and impact of marketing assistance were analyzed. The methodology employed is by means of secondary data and literature review. This study will contribute to understanding of the similarities and differences on issues and challenges faced by SMEs in both countries. This will assist policy makers and regulators in taking the remedial steps to improve their performances

Item Type: Article (Journal)
Additional Information: 4433/63947
Uncontrolled Keywords: SMEs, Issues, Challenges, Turkey, Malaysia
Subjects: H Social Sciences > HB Economic Theory > HB801 Consumption. Demand
Kulliyyahs/Centres/Divisions/Institutes: Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User: Dr Dzuljastri Abdul Razak
Date Deposited: 31 May 2018 15:26
Last Modified: 22 Jul 2018 13:07
URI: http://irep.iium.edu.my/id/eprint/63947

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