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Performance and Obstacles of SMEs: An Empirical Evidence from BRICS Countries

Author

Listed:
  • Madiha Noshad
  • Mariam Amjad

    (COMSATS University Islamabad, Lahore campus, Pakistan.)

  • Muhammad Nouman Shafiq

    (The Islamia University of Bahawalpur, Pakistan.)

  • Seemab Gillani

    (Quaid-i-Azam University Islamabad, Pakistan.)

Abstract

This study empirically examines the performance and obstacles of SMEs in BRICS economies. For empirical evaluation, Ordinary Least Square technique has applied by taking the time period between "2000-2017". Performance has taken as dependent variable and obstacles; firm characteristics and global factor have taken as explanatory variables. Results show that ownership and size have a positive impact on SMEs growth and performance. Age has a negative and significant impact on the performance and growth of SMEs. Technology has a positive and significant impact on the performance of SMEs. Obstacles, i.e. courts, crime, access to finance, practices of competitors and electricity has a negative and significant impact on the performance of SMEs. Access to land, infrastructure and workforce has a positive and significant impact on SMEs performance. It becomes essential for the policymakers or investigators to pay attention towards making SMEs more competent, capable and productive to attain the goal of sustainable development and progress.

Suggested Citation

  • Madiha Noshad & Mariam Amjad & Muhammad Nouman Shafiq & Seemab Gillani, 2019. "Performance and Obstacles of SMEs: An Empirical Evidence from BRICS Countries," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 1(2), pages 113-132, December.
    • Handle: RePEc:ani:irdjoe:v:1:y:2019:i:2:p:113-132
    DOI: https://doi.org/10.52131/joe.2019.0101.0010
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    More about this item

    Keywords

    Performance; Obstacles; BRICS countries; Ordinary Least Square; SMEs;
    All these keywords.

    JEL classification:

    • B23 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Econometrics; Quantitative and Mathematical Studies
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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