ABSTRACT
This article reports on a study that aimed to identify potential business constraints that hinder the economic development of micro and small enterprises (MSEs) in Ethiopia. Results of multiple linear regression and principal component analyses of data collected using stratified random sampling of 181 enterprise operators/managers showed that the age, gender, family size, and working experience of the operators, human capital, and limited access to market and productive resources were influential variables of enterprise growth. The findings of the study provide useful information on policy implications for the Government of Ethiopia and other similar African countries to enhance the growth of MSEs.
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Additional information
Notes on contributors
Adino Andaregie
Adino Andaregie is a lecturer at the Department of Economics of Injibara University, Ethiopia. His areas of research are development economics, agricultural economics, rural development, and environmental economics.
Aemro Worku
Aemro Worku is a lecturer at the Department of Marketing Management of Injibara University, Ethiopia. His research focuses on agricultural marketing.
Belayneh Getachew
Belayneh Getachew is a lecturer at the Department of Economics of Injibara University, Ethiopia.
Yeshwas Fentahun
Yeshwas Fentahun is a lecturer at the Department of Management of Injibara University, Ethiopia, and the Director of the Continuing and Distance Education Directorate.
Tessema Astatkie
Tessema Astatkie is Professor of Statistics in the Faculty of Agriculture, Dalhousie University, Canada. He is also a professional statistician accredited by the American Statistical Association and the Statistical Society of Canada. He conducts collaborative research with researchers in 24 countries.