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Role of Micro, Small and Medium Enterprises in Achieving SDGs

Role of Micro, Small and Medium Enterprises in Achieving SDGs
Author: Himachalam Dasaraju
Publisher: Springer Nature
Total Pages: 381
Release: 2023-11-30
Genre: Business & Economics
ISBN: 9819948290
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This book discusses and provides empirical evidence of the importance of Micro, Small and Medium Enterprises (MSMEs) in achieving Sustainable Development Goals (SDGs) in a number of developing countries. In doing so, the book focuses on the contributions of MSMEs to national efforts, directly or indirectly, to achieve poverty reduction (Goal 1), zero hunger (Goal 2), good health and wellbeing (Goal 3), quality education (Goal 4), gender equality (Goal 5), clean water & sanitation (Goal 6), income distribution (Goal 10), and sustainable cities & communities (Goal 11). The book consists of chapters discussing evidence on these particular topics based on research from various countries including Indonesia, India, Sri Lanka, Nepal and Malaysia.

Role of Micro, Small And Medium Enterprises (MSMEs) In Achieving Sustainable Development Goals

Role of Micro, Small And Medium Enterprises (MSMEs) In Achieving Sustainable Development Goals
Author: Toran Lal Verma
Publisher:
Total Pages: 8
Release: 2020
Genre:
ISBN:
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Micro, Small and medium enterprises (MSMEs) plays a catalytic role in the development of any economy. MSMEs are considered as nurseries for entrepreneurship and innovation around the globe. India is no exception. MSMEs in India are extensively dispersed across the country and produce around more than 6000 diverse range of products and services. There are more than 63 million MSME units operating in different parts of India. These MSME establishments employ around 11 crore people. Given the dynamic and flexible nature of MSMEs, they are considered an essential sector in achieving Sustainable Development Goals (SDGs) set by United Nations. MSMEs have a huge role to play in achievement of SDGs, especially the goals of Poverty Alleviation (Goal 1), Decent Work and Economic Growth (Goal 8) and Industry Innovation and Infrastructure (Goal 9). MSMEs contribution is not restricted to these three goals, they also directly or indirectly help in achieving other goals. In this paper, an attempt has been made to study the role of MSMEs in achieving the SDGs. We have categorized the role of MSMEs by different activity attributes in the achievement of different goals. We have also outlined some suggestive measure which is helpful in making MSMEs more sustainable, which in turn, would help achieve SDGs.

The Role of MSMEs in Achieving SDGs in Developing Economies

The Role of MSMEs in Achieving SDGs in Developing Economies
Author: Tulus T. H. Tambunan
Publisher:
Total Pages: 266
Release: 2021-08-14
Genre: Business & Economics
ISBN: 9781636482965
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With the title the Role of MSMEs in Achieving SDGs in Developing Economies. The case of Indonesia, this book based on a series of research highlights the current development of micro-small and medium enterprises (MSMEs) in Indonesia. Although the focus is on Indonesia, for certain aspects this book also covers current development of MSMEs in some other countries in the Asia Pacific region, as a regional comparison. It explains the development of MSMEs from various theoretical perspectives, and examines empirically some important related issues, such as their growth or performance in times of economic crises (i.e. the Asian financial crisis 1997/98, the 2008/09 global financial crisis and the Covid-19 pandemic crisis); their role in economic development especially with respect to their contributions to the generation of jobs or employment opportunities, gross domestic product (GDP) and export growth; challenges and constraints of women entrepreneurship; their access to formal sources of financing and the importance of financial technology especially Peer-to-Peer (P2P) lending; development constraints facing MSMEs; their adoption of internet for marketing their products (e-commerce) in the context of digital transformation; and their role in achieving the Sustainable Development Goals (SGDs). Researchers, development policy makers, PhD and undergraduate students on economic development issues, as well as society at large who have great attention to development, challenges, opportunities and constraints MSMEs in developing countries, especially in Indonesia, are the main target audience of this book. Findings from Indonesia shown in this book reflects key features of MSMEs

Examining the Vital Financial Role of SMEs in Achieving the Sustainable Development Goals

Examining the Vital Financial Role of SMEs in Achieving the Sustainable Development Goals
Author: Taleb, Dalila
Publisher: IGI Global
Total Pages: 292
Release: 2023-01-03
Genre: Business & Economics
ISBN: 166844836X
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In today’s society, businesses are being pressured to play a more active role in addressing global environmental, social, and economic issues. Therefore, a considerable shift in the functional components of enterprises is required to achieve the Sustainable Development Goals. SMEs play a vital role in countries' socio-economic structures, and the importance of SMEs is increasingly recognized as a factor of economic stability and social cohesion. In order to ensure SMEs are appropriately utilized to achieve the Sustainable Development Goals, further study is required. Examining the Vital Financial Role of SMEs in Achieving the Sustainable Development Goals highlights the challenges and opportunities of using the concepts of economic sustainability to achieve sustainability goals as well as the role SMEs play in developing sustainable practices. The book also discusses how finance sustainability can be used to improve the stability of policies. Covering topics such as blockchain, corporate social responsibility, and performance management practices, this reference work is ideal for business owners, policymakers, researchers, scholars, academicians, practitioners, instructors, and students.

MSME'S and Their Role in Ensuring Sustainable Economic Development in India Characterized By LPG.

MSME'S and Their Role in Ensuring Sustainable Economic Development in India Characterized By LPG.
Author: Dr.Mohd Asif Khan
Publisher:
Total Pages: 0
Release: 2020
Genre:
ISBN:
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Micro, small and medium enterprises are very important for the economy of any country and it is more so in a developing country like India. Economies of the nations are boosted up by these MSMEs. These Enterprises emerge as leaders specially during the recession period restoring the lost jobs and business activity despite slow and fragile economic conditions. Such enterprises contribute almost 40% of the gross industrial value added in the present days' Indian economy.Micro, Small and Medium Enterprises (MSMEs) have been playing a vital role in assuring growth and development in the Indian economy by contributing 45% of industrial output, 40% of exports, employing 60 million people, creating 1.3 million jobs every year and producing more than 8000 quality products for the domestic as well as international markets.MSMEs have also been proving significant contributors in the promotion of sustainable economic development by accelerating entrepreneurial activities, create employment opportunities and function in backward areas thereby creating sustainability. MSMEs have capability to create a large number of earning opportunities (though smaller) catering to a big segment of Indian and world population.MSMEs have also been proving significant contributors in the promotion of sustainable economic development by accelerating entrepreneurial activities, create employment opportunities and function in backward areas thereby creating sustainability. MSMEs have capability to create a large number of earning opportunities (though smaller) catering to a big segment of Indian and world population.This paper studies the role of MSMEs in Indian Economy and their contribution to the sustainable economic development of the country as a whole in general and from the time of their creation in particular as this concept of putting together all the these micro, small and medium enterprises is not an old one. There is a very popular ministry also at the national level to look after all these enterprises individually as well as collectively.

Sustainability, Green Management, and Performance of SMEs

Sustainability, Green Management, and Performance of SMEs
Author: Kiran Mehta
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 360
Release: 2023-12-04
Genre: Business & Economics
ISBN: 3111170020
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In a world facing environmental challenges and socio-economic inequalities, SMEs can drive positive change by integrating sustainability principles into their business practices. This book examines the relationship between sustainability, green management, and SME performance, providing insights, strategies, and case studies to guide SMEs towards a more sustainable future and long-term viability. Drawing from extensive research, the book analyzes the drivers, barriers, and motivations influencing SMEs' adoption of sustainability practices. It offers practical recommendations on overcoming resource constraints, awareness gaps, regulatory complexities, and resistance to change. It explores emerging trends such as digital technologies, circular economy approaches, clean energy transitions, and social innovation and discusses collaboration among SMEs, academia, and government agencies as a crucial factor for innovation and scaling up sustainable practices. Sustainability, Green Management and Performance of SMEs is a comprehensive and practical guide for SMEs seeking to integrate sustainability into their business strategies. It inspires and supports SMEs on their journey towards environmental stewardship, social responsibility, and long-term profitability, thus enabling them to unlock new business opportunities, gain a competitive edge, and secure their future in a changing global economy.

Fostering Resilience through Micro, Small and Medium Enterprises

Fostering Resilience through Micro, Small and Medium Enterprises
Author: Tulus T.H. Tambunan
Publisher: Springer Nature
Total Pages: 232
Release: 2022-03-30
Genre: Business & Economics
ISBN: 9811694354
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This book focuses on the development of Micro, Small and Medium Enterprises (MSMEs) in Indonesia based on various primary and secondary field surveys. In doing so, the book provides a regional comparison of countries in Asia- Pacific, covering issues such as employment generation, formation of gross domestic product (GDP), export development, development constraints, productivity, and investment. To achieve this, the book analyzes the role of partnerships between MSMEs such as large companies, banks and government institutions, and the role of cooperatives. It also includes studies on women’s entrepreneurship in Indonesia, and also explores the crisis mitigating measures (CMMs) widely adopted by MSMEs affected by financial crises in the past. Finally, the book also examines the development of financial technology (FinTech), and in particular peer-to-peer (P2P) lending and how this can serve as an alternative source of funding for MSMEs in Indonesia. Aspects of this book would be useful to students, researchers, practitioners, and also those interested in economic-related sustainable development goals (SDGs), given the importance the United Nations (UN) has assigned to MSMEs for taking a lead in employment creation, and poverty eradication.

Sustainability And The Small And Medium Enterprise (SME): Becoming More Professional

Sustainability And The Small And Medium Enterprise (SME): Becoming More Professional
Author: Michael J Sheehan
Publisher: Xlibris Corporation
Total Pages: 217
Release: 2013-02
Genre: Business & Economics
ISBN: 1479762385
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SMEs need to become more sustainable. To reach such a goal they also need to become more professional in their outlook and approach. In this way they may be able to deal with the instability, complexity, ambiguity and uncertainty of change; and to cope with the ever increasing pressures brought by change. After outlining what is meant by sustainability and professionalism, some strategies for how SME owner/managers might become more professional by focussing on the development of their own, and their employees, so called soft skills' are offered. The author draws from a range of theories to support the argument.

Business, Government and the SDGs

Business, Government and the SDGs
Author: Mahmoud Mohieldin
Publisher: Springer Nature
Total Pages: 171
Release: 2022-11-01
Genre: Business & Economics
ISBN: 3031111966
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This book seeks to revise and challenge the roles and traditional realms of influence that national and local governments, and businesses at a critical juncture in terms of achieving sustainable development, faces when tackling the dual challenges of climate change and post-COVID recovery. Using the broader lens of the 2030 UN Sustainable Development Goals (SDGs) to assess the roles and responsibilities of each of these stakeholders and their relationships, the book offers policy, economic arguments, case studies and examples to argue that neither national or local governments, nor companies, could afford to deviate from the SDGs in the recovery from the current crisis, nor that the imperative of bold climate action should detract from the broader focus on sustainability. The analysis frames the debate of how a balance between people, planet, and profits can be achieved and how nations, regions and cities, and businesses, with their representative organizations, can achieve a sustainable recovery from the current global crisis, and contribute to climate smart, resilient and inclusive development.