The role of small and medium enterprises in supporting economic development: Evidence from Malaysia
Author(s): Dr. Mohamad Saad Abo Karesh
Abstract: This study explored role of small and medium enterprises in supporting Malaysian economic development. The study reached a set of results, the most important of which is that small and medium enterprises contribute up to 35.9% to the gross domestic product, the added value of small and medium enterprises is 36.3%, and the employment rate is 65.5% of the total workforce in Malaysia. The most prominent challenges facing small and medium enterprises in Malaysia are the limited capacity to manage technology and acquired knowledge.
Dr. Mohamad Saad Abo Karesh. The role of small and medium enterprises in supporting economic development: Evidence from Malaysia. Int J Adv Acad Stud 2020;2(4):169-173. DOI: 10.33545/27068919.2020.v2.i4c.350