IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/46817.html
   My bibliography  Save this paper

The Development of SMEs in Turkey

Author

Listed:
  • Nurrachmi, Rininta Nurrachmi
  • Abd Samad, Khairunnisa
  • Foughali, Ibrahim

Abstract

SMEs have become key catalyst for economic development in Turkey. As the member of EU, SMEs in Turkey is open to borderless opportunities to trade in international market whereby it become major export to the European countries. However, the vulnerable of Turkey’s economic condition and other issues have cause difficulty to the SMEs to develop. Hence, this paper will observe the SME condition, its contribution to economic development in Turkey as well as to explore the constraints, issue and challenge. Also, it critically examine the improvement of SMEs particularly the Strategy & future perspectives in short, mid and & long term. The study employs “the kobayachi's micro & macro models” as research methodology. The finding of the study shows that, by employing the Micro analysis, SMEs in Turkey is confronting critical issues such as financial bottleneck, lack of marketing and innovative activities. However, there are many policies and strategic plans were embarked to support the bright future of SMEs in Turkey by way of short, mid and long term plan.

Suggested Citation

  • Nurrachmi, Rininta Nurrachmi & Abd Samad, Khairunnisa & Foughali, Ibrahim, 2012. "The Development of SMEs in Turkey," MPRA Paper 46817, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:46817
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/46817/1/MPRA_paper_46817.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Seker, Murat & Correa, Paulo Guilherme, 2010. "Obstacles to growth for small and medium enterprises in Turkey," Policy Research Working Paper Series 5323, The World Bank.
    2. Rauf Gönenç & Oliver Röhn & Vincent Koen & Şeref Saygili, 2012. "Structural Reforms to Boost Turkey's Long-Term Growth," OECD Economics Department Working Papers 987, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sıdıka Başçı & Aysegül Durucan, 2017. "A Review of Small and Medium Sized Enterprises (SMEs) in Turkey," Yildiz Social Science Review, Yildiz Technical University, vol. 3(1), pages 59-80.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Oznur Ozdamar & Eleftherios Giovanis & Sahizer Samuk, 2020. "State business relations and the dynamics of job flows in Egypt and Turkey," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(4), pages 519-558, December.
    2. Andinet Woldemichael & Margaret Joldowski, 2019. "Working Paper 328 - The Cost of Inaction: Obstacles and Lost Jobs in Africa," Working Paper Series 2454, African Development Bank.
    3. Mosharref Hossain & Yusnidah Ibrahim & Mohan Uddin, 2016. "Towards the Factors affecting Small Firm Growth: Review of Previous Studies," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(5), pages 217-235, May.
    4. Dutz, Mark A., 2013. "Resource reallocation and innovation : converting enterprise risks into opportunities," Policy Research Working Paper Series 6534, The World Bank.
    5. Fuzhong Chen & Haifeng Li & Huini Wei & Wani Nelson, 2022. "The Ownership, Innovation, and Sustainable Development of Micro and Small Enterprises: Evidence of China," SAGE Open, , vol. 12(4), pages 21582440221, November.
    6. Rethabile Masenyetse & Malefu Manamathela, 2023. "Firm growth, exporting and information communication technology (ICT) in Southern Africa," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-12, December.
    7. Anh Tuan Bui & Thu Phuong Pham, 2021. "Financial and Labour Obstacles and Firm Employment: Evidence from Europe and Central Asia Firms," Sustainability, MDPI, vol. 13(15), pages 1-18, August.
    8. Izak Atiyas & Ozan Bakis & Esra Ceviker Gurakar, 2016. "Anatolian Tigers and the Emergence of the Devout Bourgeoisie in the Turkish Manufacturing Industry: An Empirical Analysis," Working Papers 1064, Economic Research Forum, revised 11 2016.
    9. Nelson Nanteleza Ndala, 2021. "Assessing the Access to Finance by Small and Medium-Sized Enterprises from Financial Institutions in Blantyre City-Malawi," International Journal of Business and Management, Canadian Center of Science and Education, vol. 14(5), pages 1-84, July.

    More about this item

    Keywords

    SME; Turkey; Development; Improvement;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:pra:mprapa:46817. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.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.