Improving Competitiveness for SMEs to Harness Available Trade and Investment Opportunities: The Case of Tanzania

dc.creatorAikaeli, Jehovaness
dc.date2016-05-11T16:57:48Z
dc.date2016-05-11T16:57:48Z
dc.date2007-01
dc.date.accessioned2018-03-27T09:05:03Z
dc.date.available2018-03-27T09:05:03Z
dc.descriptionLess developed countries capability to face global economic challenges depends so much on the stage of development of their small and medium enterprises (SMEs). Nevertheless, SMEs competitiveness in Tanzania and other developing countries face a number of encumbrances hindering their success in both local and international markets. This paper undertakes a thorough review of the factors affecting SMEs competitiveness in Tanzania. Appropriate existing literature is reviewed through library research by which constraints facing SMEs such as: bureaucracies in the legal and regulatory framework, poor infrastructures, inadequate business skills, and limited access to finance are identified, inter alia. The study looks also at the other developing countries' performance, specifically, with a brief illustration of the export success case of Jamaica. Based on the findings accentuated in the literature and the data analysis, policy recommendations for the improvement of SMEs competitiveness are made accordingly. Among the several implicated policies are: the government should continue to institute environment conducive for businesses, promote the use of research and development outputs, emphasise business agglomerations and sharing of capacities, and continually propagate entrepreneurial attitudes and skills.
dc.identifierAikaeli, J. Improving Competitiveness for SMEs to Harness Available Trade and Investment Opportunities: The Case of Tanzania. SSRN Electronic Journal. http://dx.doi.org/10.2139/ssrn.1021214
dc.identifier1556-5068
dc.identifierhttp://hdl.handle.net/20.500.11810/1989
dc.identifier10.2139/ssrn.1021214
dc.identifier.urihttp://hdl.handle.net/20.500.11810/1989
dc.languageen
dc.publisherSSRN Electronic Journal
dc.subjectBusiness
dc.subjectSMEs
dc.subjectTanzania
dc.subjectCompetitiveness
dc.subjectDeveloping countries
dc.titleImproving Competitiveness for SMEs to Harness Available Trade and Investment Opportunities: The Case of Tanzania
dc.typeJournal Article

Files