Evaluation of the Major Growth Factors of Micro, Small and Medium Enterprises (MSMEs) in Afghanistan
Iftikharullah Fakhar
Growth Factors, MSMEs, SMEs, Afghanistan
It is generally accepted that the role of Micro Small & Medium Enterprises (MSMEs is the most important to fulfilling the socio-economic objectives of an economy. This study is focused on determining the major growth factors of MSMEs in Afghanistan. For this purpose, the survey was conducted on 136 participants including founders, management staff, and employees of the MSMEs. The collected data was coded, quantified, and analyzed quantitatively using of statistical package for social sciences (SPSS). The ANOVA analysis was used to analyze and test the collected data. The results were split into the general presentation and divided by the characteristics of enterprises like the source of finance, size of the enterprises, sector of the economy, number of founders, and development stages. The most important growth factors of MSMEs were denoted; Management capacity and effective leadership, Access to the domestic market, Availability, and usage of technology, focus on needs and feedback from customers, and Access to the international or global market. Moreover, the growth factors differ for MSMEs with different characteristics. The major limitations of the study were the unfavorable economic condition of Afghanistan and, physical and proportional access to the target population of the study. This study recommends, to be explored every important growth factor of MSMEs comprehensively in the future.
Article Details
Unique Paper ID: 155779

Publication Volume & Issue: Volume 9, Issue 1

Page(s): 1762 - 1773
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