A Meta-Synthesis on the Challenges Faced by Microenterprises and SMEs in Developing Economies

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Mohammed Emad Alshaikh, Fazli Wadood

Résumé

The purpose of this paper is to synthesize the extant literature on the challenges of micro enterprises (MEs) and small and medium enterprises (SMEs). As SMEs plays a vital role and represents sheer numbers, thus faces uncontrollable problems especially in the developing economies. This study adopts the theory of constraints' theoretical background, and challenges are used as synonym for constraints, barriers, obstacles and factors hindering growth. On the other hand, developed economies focused more on the development and sustainability of this backbone of the economy. They were providing extraordinary financial support, development of new industrial zones, training and preparing employees for future challenges, rebate in taxes, and much more. Hence, a systematic literature review was conducted to identify, evaluate, and discussed existing high quality and subject-relevant 71 research publications from 2000 to 2019. Now it is the turn of developing countries to prompt the problems and provide reliable solutions for those problems. The relevant paper has been identified and limited due to the use of specific keywords and searches setting. Hence, the purpose of the study is to identify most challengeable issues faced by this sector. As SMEs need to be succeed in the long run, that can reduce unemployment, develop new industries and technologies, which leads the country towards sustainable development.

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