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Economic growth is demonstrated by an increase in the gross domestic product of a nation.
Small and medium sized enterprises are not smaller versions of large companies, but mainly due to their size they tend to interact differently with their environment (Shuman & Seeger, 1986) The Theory of Strategic Management in Smaller Rapid Growth Firms...
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American Journal of Small Business P7-19)
To answer the question, I must first display what I understand the SME sector to be. The Small and Medium sized Enterprise sector is concerned with small and medium sized business', many of whom are new to the market. It has distinctly different characteristics to that of any large business or multinational...
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SME sectors benefits to the Economy
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