TBU Publications
Repository of TBU Publications

The trend and impact of small and medium enterprises on the economic growth of Sri Lanka

DSpace Repository

Show simple item record


dc.title The trend and impact of small and medium enterprises on the economic growth of Sri Lanka en
dc.contributor.author Sinnathurai, Vijayakumar
dc.contributor.author Sedláček, Marek
dc.relation.ispartof Innovation Vision 2020: Sustainable Growth, Entrepreneurship, and Economic Development, Vols 1-4
dc.identifier.isbn 978-0-9821489-8-3
dc.date.issued 2012
dc.citation.spage 1426
dc.citation.epage 1437
dc.event.title 19th International-Business-Information-Management-Association Conference
dc.event.location Barcelona
utb.event.state-en Spain
utb.event.state-cs Španělsko
dc.event.sdate 2011-11-12
dc.event.edate 2011-11-13
dc.type conferenceObject
dc.language.iso en
dc.publisher International Business Information Management Association (IBIMA) en
dc.subject Small and medium enterprises en
dc.subject economic growth en
dc.subject employment en
dc.subject value added en
dc.subject public private participation en
dc.description.abstract 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. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1003303
utb.identifier.rivid RIV/70883521:28120/12:43868782!RIV13-MSM-28120___
utb.identifier.obdid 43868965
utb.identifier.scopus 2-s2.0-84896380915
utb.identifier.wok 000317549701024
utb.source d-wok
dc.date.accessioned 2013-07-27T14:54:51Z
dc.date.available 2013-07-27T14:54:51Z
utb.contributor.internalauthor Sinnathurai, Vijayakumar
utb.contributor.internalauthor Sedláček, Marek
Find Full text

Files in this item

Show simple item record