Analysis of the Role of SMEs in territorial development: case of the municipality of Akbou in Algeria
Year: 2024
Type: article
Abstract: This article examines the interaction between small and medium enterprises (SMEs) and territorial development in Akbou, Algeria, within the context of economic decentralization. Through a mixed-method approach, combining questionnaires, interviews, document analysis, and field observations, the study explores the role of SMEs in the local economy, as well as the challenges they face, such as access to financing and administrative complexity. Although rooted in local dynamics, Akbou's SMEs actively contribute to job creation, innovation, and strengthening social bonds. Cooperation between SMEs, local authorities, and support institutions is essential for overcoming obstacles and improving competitiveness. Recommendations include facilitating access to financing, promoting training, and modernizing infrastructure. These strategies could optimize the contribution of SMEs to territorial development, creating a resilient and inclusive economic ecosystem for the region.
Source: Brazilian Journal of Business
DOI: 10.34140/bjbv6n4-027
Authors: Lakhdar Ziane, Moussa Boukrif
Institution: University of Béjaïa
Language: English
Subfield: Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4404587527