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Assessing The Situation Of Micro, Small, And Medium-Sized Enterprises In The Emerging Markets Of Egypt Under Covid-19 Implications

Author

Listed:
  • SAAD Nourhan Ahmed

    (Arab Academy for Science, Technology, and Maritime Transport, Alexandria, Egypt & Faculty of Logistics, Maribor University, Celje, Slovenia)

  • MLAKER Kac Sonja

    (Faculty of Logistics, Maribor University, Celje, Slovenia)

  • ELGAZZAR Sara

    (Arab Academy for Science, Technology, and Maritime Transport, Alexandria, Egypt)

Abstract

Micro, Small, and Medium-sized Enterprises (MSMEs) play a vital role in emerging economies, thus this research aims at assessing the current situation of Egyptian MSMEs under COVID-19 pandemic and identifying the role of Egyptian MSMEs in economic growth and development. This research adopted qualitative design; 24 semi-structured interviews were conducted with different eco-system stakeholders and MSMEs’ managers using content analysis to analyse collected data based on NVivo software. The findings revealed the importance of MSMEs sector in the emerging markets as well as global ones. Additionally, MSMEs play a significant role in enhancing country’s economic growth and development, particularly in GDP, job opportunities, domestic products/services, national income, sub-contractor, and individual/society welfare. Furthermore, the findings identify the main challenges that face Egyptian MSMEs under COVID-19 implications through analysing the four main strategic factors and concluded by policy recommendations that could be implemented by MSMEs’ owners to take full advantage in the Egyptian context and their contribution on country’s economic growth.

Suggested Citation

  • SAAD Nourhan Ahmed & MLAKER Kac Sonja & ELGAZZAR Sara, 2023. "Assessing The Situation Of Micro, Small, And Medium-Sized Enterprises In The Emerging Markets Of Egypt Under Covid-19 Implications," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 18(2), pages 270-289, August.
    • Handle: RePEc:blg:journl:v:18:y:2023:i:2:p:270-289
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    References listed on IDEAS

    as
    1. amr a.bary, amr, 2019. "SMEs SECTOR : A KEY DRIVER TO THE EGYPTIAN ECONOMIC DEVELOPMENT," MPRA Paper 93034, University Library of Munich, Germany.
    2. Sisira Kumara Naradda Gamage & EMS Ekanayake & GAKNJ Abeyrathne & RPIR Prasanna & JMSB Jayasundara & PSK Rajapakshe, 2020. "A Review of Global Challenges and Survival Strategies of Small and Medium Enterprises (SMEs)," Economies, MDPI, vol. 8(4), pages 1-24, October.
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