Small and medium enterprises (SMEs) are known to be vulnerable due to liabilities of ‘newness' as well as ‘smallness.' Naturally, there is a strong conviction among policy-makers, researchers, trainers and consultants that SMEs need support for their survival and growth, .particularly the...

A large share of workers in developing countries are constrained to self-employment mainly due to lack of opportunities in wage employment, becoming entrepreneurs de facto constrained to the informal sector, with meager profits and poor working conditions. In response to this problem, several...