Investment Management & Financial Innovations (Jul 2016)

Is there a link between economic growth and SMEs success in South Africa

  • Louise van Scheers

DOI
https://doi.org/10.21511/imfi.13(2-2).2016.09
Journal volume & issue
Vol. 13, no. 2
pp. 249 – 353

Abstract

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This research analyzes whether there is a link between economic growth and SMEs success in South Africa. The South African economy can only grow with the contribution of growing sustainably SMEs which will accelerate economic growth. The research concluded that SME success has a positive impact on sustainable economic growth in South Africa and that there is a link between economic growth and SME success. The conducted research recommends that by improving the success rate of SME, the South Africa’s stagnating economy