Determinants of MSMES entrepreneurs sustainability

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a vital role in the global economy, contributing to job creation, innovation, and economic growth. However, the sustainability of MSMEs remains a significant concern, as many of them struggle to survive beyond the initial stages of their operation. This review aims to identify and analyze the determinants that influence the sustainability of MSMEs, with a specific focus on the entrepreneurial perspective. The result of the study disclose that innovation and risk taking, tolerance self-efficacy, financial control, managerial self-efficacy, opportunity identification self-efficacy, functional skills, relationship self-efficacy and technical skills are the factors that assists MSME entrepreneurs sustainability.