Journal of Small Business and Entrepreneurship Development

The Impediments to Small and Medium Sized Enterprises’ Development in Mauritius
Joomunbaccus S, Padachi K

Abstract
This paper investigates the different factors, through a conceptual framework, that impact on the growth of the Mauritian Small and Medium-Sized Enterprises (SMEs) using a descriptive survey-based approach. The parametric as well as the non-parametric techniques have been employed to examine the main variables. Interestingly, the research findings showed that entrepreneurial skills, access to finance and effective marketing do impact on the growth of the Mauritian SMEs. It also revealed that there is a positive relationship between the Governmental Schemes and the growth of the Mauritian SMEs while globalization adversely affects their performance. These findings will be useful to the Owner-Managers in identifying the areas of improvement towards the success of their firm while at the same time direct policy makers in shaping their strategic approaches for the betterment of these categories of firms and help them to maintain a rather higher sustainable life-span.

Full Text: PDF     DOI: 10.15640/jsbed.v7n2a8