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  • The boosting stable Economic growth and poverty reduction are an important goal of the successive Sri Lankan government. So as to achieve this goal tremendous money has been so far spent since independence. But expected result is very far from goal. Thus, Policy makers have articulated the development of SMEs as strategic remedies to solve this problem. The objective of this study is to find out and analyze the trend and contribution of Small medium enterprises in Sri Lanka and second objective is to examine the growth and status of SMEs. For the findings to be found out Primary and secondary data was employed for this study. Small and medium enterprises accounts for 98% of total establishments in 1983 and 93% in 2008. But, 98% of small and medium enterprises in 1983 only account for 48.6% of total employment and 31.1% of value added while 93%of small and medium enterprises account for 29.6% total employment and 20.3% of value added in 2008.It is the fact that even though there are vast number of establishments of SMEs, their contribution to national economy is very low .However, Growth of SMEs in Sri Lanka is only in terms of establishments not contribution to economy. Gender bias and refusal of freedom are impediment for women to enter into the business of SMEs because 88% of male predominantly dominated in the SMEs in both districts. In addition the most of entrepreneurs are characterized very low level education which hinders their managerial well as financial capabilities and strategies in the business. Maturity level of SMEs in these districts is only 4% which indicate the poor growth of SMEs. Both mean value of asset and turnover of SMEs explicitly show the poor and insufficient growth of SMEs. The results bring to light the fact that the growth of SMEs is only in terms of vast number of establishments not in terms of employment generation, value added, capital, turn over and gender participation.
  • The boosting stable Economic growth and poverty reduction are an important goal of the successive Sri Lankan government. So as to achieve this goal tremendous money has been so far spent since independence. But expected result is very far from goal. Thus, Policy makers have articulated the development of SMEs as strategic remedies to solve this problem. The objective of this study is to find out and analyze the trend and contribution of Small medium enterprises in Sri Lanka and second objective is to examine the growth and status of SMEs. For the findings to be found out Primary and secondary data was employed for this study. Small and medium enterprises accounts for 98% of total establishments in 1983 and 93% in 2008. But, 98% of small and medium enterprises in 1983 only account for 48.6% of total employment and 31.1% of value added while 93%of small and medium enterprises account for 29.6% total employment and 20.3% of value added in 2008.It is the fact that even though there are vast number of establishments of SMEs, their contribution to national economy is very low .However, Growth of SMEs in Sri Lanka is only in terms of establishments not contribution to economy. Gender bias and refusal of freedom are impediment for women to enter into the business of SMEs because 88% of male predominantly dominated in the SMEs in both districts. In addition the most of entrepreneurs are characterized very low level education which hinders their managerial well as financial capabilities and strategies in the business. Maturity level of SMEs in these districts is only 4% which indicate the poor growth of SMEs. Both mean value of asset and turnover of SMEs explicitly show the poor and insufficient growth of SMEs. The results bring to light the fact that the growth of SMEs is only in terms of vast number of establishments not in terms of employment generation, value added, capital, turn over and gender participation. (en)
Title
  • The Status and Growth of Small and Medium Enterprises in Sri Lanka
  • The Status and Growth of Small and Medium Enterprises in Sri Lanka (en)
skos:prefLabel
  • The Status and Growth of Small and Medium Enterprises in Sri Lanka
  • The Status and Growth of Small and Medium Enterprises in Sri Lanka (en)
skos:notation
  • RIV/70883521:28120/12:43869245!RIV13-MSM-28120___
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  • 171222
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  • RIV/70883521:28120/12:43869245
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  • Small and medium enterprises, poverty, employment, growth, Gender bias, turnover. (en)
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  • [F5A248387645]
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  • Plzeň
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  • Plzeň
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  • International conference for Business Trend
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  • Sedláček, Marek
  • Sinnathurai, Vijayakumar
  • Březinová, Olga
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  • Západočeská univerzita v Plzni
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  • 978-80-261-0100-0
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  • 28120
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