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Business constraints and growth potential of micro and small manufacturing enterprises in Uganda
[journal article]
Abstract Ugandan micro and small enterprises (MSEs) still perform poorly. Studies associating poor performance of manufacturers with lack of finance and low investment ignore micro enterprises. Those focusing on MSEs are either exploratory in nature or employ a descriptive analysis, which cannot show the ext... view more
Ugandan micro and small enterprises (MSEs) still perform poorly. Studies associating poor performance of manufacturers with lack of finance and low investment ignore micro enterprises. Those focusing on MSEs are either exploratory in nature or employ a descriptive analysis, which cannot show the extent to which business constraints explain the performance of MSEs. Thus, this paper tries to examine the extent to which the growth of MSEs is associated with business constraints while controlling for owners’ attributes and firms’ characteristics. The results reveal that MSEs’ growth potential is negatively associated with limited access to productive resources (finance and business development services), high taxes and lack of market access.... view less
Keywords
Uganda; small business; medium-sized firm; finishing industry; economic development (single enterprise); enterprise; economic policy; taxation; funding; competitiveness; developing country; East Africa
Classification
Management Science
Free Keywords
constraints; SMEs
Document language
English
Publication Year
2007
Page/Pages
p. 1-29
Journal
Business Management Review, 11 (2007) 1
ISSN
2546-213X
Status
Published Version; peer reviewed