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Growth of Micro, Small and Medium Enterprises (MSMEs) in MENA Countries: Constraints and Success Factors

Author

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  • Ben Ayed Mouelhi, Rim
  • Ghazali, Monia

Abstract

Purpose: This study attempts to contribute to a better understanding of the main constraints/ boosters for MSME growth in selected countries of the MENA region (Tunisia, Egypt, Morocco and Jordan).Design/Methodology/Approach: A multinomial logit model is used to investigate the impact of a three-fold classification of firm growth determinants (company characteristics, manager characteristics and business environment characteristics). The database is provided by the World Bank Enterprise Surveys (MENA ES).Findings: Results give statistically robust evidence that innovative firms are more likely to grow.Implications/Originality/Value: Therefore, the implementation of efficient and well-governed systems of innovation is a priority in the MENA region.&

Suggested Citation

  • Ben Ayed Mouelhi, Rim & Ghazali, Monia, 2021. "Growth of Micro, Small and Medium Enterprises (MSMEs) in MENA Countries: Constraints and Success Factors," Sustainable Business and Society in Emerging Economies, CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan, vol. 3(2), pages 59-73, June.
    • Handle: RePEc:src:sbseec:v:3:y:2021:i:2:p:59-73
    DOI: http://doi.org/10.26710/sbsee.v3i1.1643
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