IDEAS home Printed from https://ideas.repec.org/a/ijr/journl/v2y2014i5p203-210.html
   My bibliography  Save this article

A Study on SME Development in Laos: The Case of Commerce Sector in Vientiane Capital

Author

Listed:
  • Oukham SISOUNONTH

    (Faculty of Economics and Business Management, National University of Laos)

  • Xayphone KONGMANILA

Abstract

This study attempts to illustrate the current development situation of SMEs in Laos. The particular concentration has been put on the investigation of SMEs’ performance in Laos, especially in Vientiane capital. The paper employs the nation-wide SME survey conducted by GIZ (former GTZ) in 2007 and 2009. The result shows that number of SMEs in commercial sector has been sharply growing over the past few years. However, a large number of SMEs in this research are experiencing difficulties in access to finance and in adaptation to high competition. In addition, the finding indicates that most of Lao SMEs in commerce sector are not ready for the regional and international integration. From the result, firm’s asset, number of laborer, experience (age of entrepreneur), and commercial district location have statistically significant positive effect on firm’s turnover, while an operating years, joint – venture company, gender, being Lao ethnic, and entrepreneur with higher education are not statistically significant. The finding suggests that the government shall tailor suitable policy to support SME in commercial sector.

Suggested Citation

  • Oukham SISOUNONTH & Xayphone KONGMANILA, 2014. "A Study on SME Development in Laos: The Case of Commerce Sector in Vientiane Capital," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 2(5), pages 203-210, May.
    • Handle: RePEc:ijr:journl:v:2:y:2014:i:5:p:203-210
    as

    Download full text from publisher

    File URL: http://tesdo.org/shared/upload/pdf/papers/IJEER,%202_5_,%20203-210.pdf
    Download Restriction: no
    File URL: http://tesdo.org/journal_detail.php?paper_id=74&expand_year=2014
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    SME; Development; Commercial sector; Laos;
    All these keywords.

    JEL classification:

    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ijr:journl:v:2:y:2014:i:5:p:203-210. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Muhammad Shahbaz (PhD Applied Economics) (email available below). General contact details of provider: https://edirc.repec.org/data/tesdopk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.