2013
DOI: 10.5901/mjss.2013.v4n14p783
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Overview and Performance of the SMMEs Sector in South Africa

Abstract: This paper provides an overview of Small, Micro and Medium Enterprises (SMMEs) in South Africa. The paper also investigates the contribution and importance of the SMME sector in South Africa, challenges faced by SMMEs as well as issues pertaining to SMME performance. Resource requirements of SMMEs are also discussed. Information was gathered though an extensive literature review.

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Cited by 21 publications
(27 citation statements)
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“…Usaha Kecil dan Menengah (UKM) mempunyai peranan penting dan strategis dalam memajukan perekonomian nasional (Moloud et al, 2016;Ayandibu and Houghton, 2017;Chimucheka, 2013). Peran penting dan strategis UKM dapat dilihat secara nyata melalui kontribusinya dalam memperluas dan meratakan kesempatan usaha, menyerap tenaga kerja, hingga mempercepat pertumbuhan ekonomi daerah maupun nasional (Okpara, 2011;Chandrarin et al, 2018;Tricahyadinata, 2013).…”
Section: Pendahuluanunclassified
“…Usaha Kecil dan Menengah (UKM) mempunyai peranan penting dan strategis dalam memajukan perekonomian nasional (Moloud et al, 2016;Ayandibu and Houghton, 2017;Chimucheka, 2013). Peran penting dan strategis UKM dapat dilihat secara nyata melalui kontribusinya dalam memperluas dan meratakan kesempatan usaha, menyerap tenaga kerja, hingga mempercepat pertumbuhan ekonomi daerah maupun nasional (Okpara, 2011;Chandrarin et al, 2018;Tricahyadinata, 2013).…”
Section: Pendahuluanunclassified
“…The small business sector, as highlighted earlier, plays an important role in the economy and, therefore, needs to be supported in order to increase the chances of success. In times of economic crisis, the existence of small, medium and microenterprises can stimulate the economy and hopefully improve the economies all around the world (Murphy, 2006, cited in Chimucheka, 2013). According to Florida (2014), when the best small firms become bigger, they spread good ideas across the entire economy and create lots of jobs through expansion.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In addition, innovation can be described as doing things differently and better. This is common in growing firms, as they continue to seek new and cost effective ways of doing work (Chimucheka, 2013). Nieman and Pretorius (2004) supported that growing firms thrive on innovation.…”
Section: Definitions Of Innovationmentioning
confidence: 99%
“…The importance of innovation in the SMME manufacturing sector. The small, micro and medium enterprise (SMME) sector plays an important role in the fiscal growth and development of any economy (Chimucheka, 2013). It adds to the goals of economic growth, economic empowerment, employment provision and poverty reduction in different ways (DTI, 2003).…”
Section: Theoretical Framework On Manufacturingmentioning
confidence: 99%