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Statements

Subject Item
n2:RIV%2F70883521%3A28120%2F12%3A43868782%21RIV13-MSM-28120___
rdf:type
skos:Concept n19:Vysledek
dcterms:description
Even though SMEs play important role in both developed and newly industrialized countries, there is insignificant impact of SMEs on the Sri Lankan economy. The prime intension of this study is to find out the association between economic growth and SMEs in Sri Lanka. Furthermore, this study analyzes the trend of small and medium enterprises in employment generation and value added. The secondary data have been employed. Headcount index and SMEs’ employment data have been interpolated because of non-availability of some data. The simple multiple regression model was employed to analyze the data. Heteroskedasticity and serial correlation problems were detected by using Eviews option. The finding clearly shows that there is positive relationship between economic growth and SMEs but, impact of SMEs on economic growth is not significant in Sri Lanka. Even though the co-efficient of SMEs is 0.02 indicating that there is positive relationship between economic growth and SMEs, the impact of SMEs on economic growth is statistically insignificant. Another finding is that there is vast number of industrial establishments of SMEs in total establishments which do not significantly contribute to the employment generation and value added in Sri Lanka. Therefore, active private public participation (PPP) is needed to accelerate the growth and improvement of SMEs and thereby, its contribution to the economy can be enhanced. Thus, author suggests that public private participation in regard to SMEs is an effective remedial measure to promote SMEs and enhance their contribution to the national economic development. Even though SMEs play important role in both developed and newly industrialized countries, there is insignificant impact of SMEs on the Sri Lankan economy. The prime intension of this study is to find out the association between economic growth and SMEs in Sri Lanka. Furthermore, this study analyzes the trend of small and medium enterprises in employment generation and value added. The secondary data have been employed. Headcount index and SMEs’ employment data have been interpolated because of non-availability of some data. The simple multiple regression model was employed to analyze the data. Heteroskedasticity and serial correlation problems were detected by using Eviews option. The finding clearly shows that there is positive relationship between economic growth and SMEs but, impact of SMEs on economic growth is not significant in Sri Lanka. Even though the co-efficient of SMEs is 0.02 indicating that there is positive relationship between economic growth and SMEs, the impact of SMEs on economic growth is statistically insignificant. Another finding is that there is vast number of industrial establishments of SMEs in total establishments which do not significantly contribute to the employment generation and value added in Sri Lanka. Therefore, active private public participation (PPP) is needed to accelerate the growth and improvement of SMEs and thereby, its contribution to the economy can be enhanced. Thus, author suggests that public private participation in regard to SMEs is an effective remedial measure to promote SMEs and enhance their contribution to the national economic development.
dcterms:title
The Trend and Impact of Small and Medium Enterprises on the Economic growth of Sri Lanka. The Trend and Impact of Small and Medium Enterprises on the Economic growth of Sri Lanka.
skos:prefLabel
The Trend and Impact of Small and Medium Enterprises on the Economic growth of Sri Lanka. The Trend and Impact of Small and Medium Enterprises on the Economic growth of Sri Lanka.
skos:notation
RIV/70883521:28120/12:43868782!RIV13-MSM-28120___
n19:predkladatel
n21:orjk%3A28120
n4:aktivita
n20:S
n4:aktivity
S
n4:dodaniDat
n13:2013
n4:domaciTvurceVysledku
n16:6139345 Sinnathurai, Vijayakumar
n4:druhVysledku
n12:D
n4:duvernostUdaju
n17:S
n4:entitaPredkladatele
n5:predkladatel
n4:idSjednocenehoVysledku
175068
n4:idVysledku
RIV/70883521:28120/12:43868782
n4:jazykVysledku
n7:eng
n4:klicovaSlova
Small and medium enterprises, economic growth, employment, value added, public private participation.
n4:klicoveSlovo
n6:Small%20and%20medium%20enterprises n6:employment n6:economic%20growth n6:public%20private%20participation. n6:value%20added
n4:kontrolniKodProRIV
[BE59DE80F010]
n4:mistoKonaniAkce
Barcelona
n4:mistoVydani
Barcelona
n4:nazevZdroje
Proceedings of the 19th IBIMA Conference on Inovation Vision 2020: stainable Growth, Entrepreneurship, and Economic Development
n4:obor
n10:AE
n4:pocetDomacichTvurcuVysledku
2
n4:pocetTvurcuVysledku
2
n4:rokUplatneniVysledku
n13:2012
n4:tvurceVysledku
Sinnathurai, Vijayakumar Sedláček, Marek
n4:typAkce
n11:WRD
n4:zahajeniAkce
2012-02-12+01:00
s:numberOfPages
12
n9:hasPublisher
IBIMA Publishing
n8:isbn
978-0-9821489-8-3
n14:organizacniJednotka
28120