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Factors Affecting Growth and Transformation of Micro and Small Enterprises: the Case of Bale Robe Town

Year: 2025
Type: article
Abstract: The general objective of this study is to investigate factors affecting the growth and transformation of micro and small enterprises of Robe Town. In this research a mixed research approach was used. For this study the researcher employed descriptive research design. In order to select samples for the study, simple random sampling was used to select the sample of MSEs′ members. Due to small size of leaders, the study adopted census sampling method. Yamane (1967).formula for size determination of MSE members was used. The primary sources of data collected from sample MSEs members, employee and team leaders of job creation office of Robe town through questionnaire, interview and focused group discussion. Secondary data for this study included various documents and reports; both published and unpublished of relevant offices and organizations, official statistics, technical reports, annual reports. For analyzing the data, both the qualitative and quantitative methods of data analysis employed. The financial growth of the MSEs analyzed using performance audit report, moreover, data analyzed by percentages, frequency, mean/average, and multiple regressions. Further, qualitative data collected using the structured interview analyzed qualitatively. The study indicated, the pattern of growth of the members is slow. The study indicated the pattern of growth of the firms is growing, the dimensions of business is growth in terms of profitability. Regarding the level of market competition in past seasons, it can be concluded that the level of market competition is fair/ moderate. Further, the study found that economic factors make the strongest unique contribution to explaining the dependent variable. On the other hand, management factors, financial factors, institutional factors, technological factors and entrepreneurial factors have insignificant contribution on the label of pattern of growth of the firms. Further, regarding, innovative measures taken by members to address challenges of MSE the study conclude the government should arrange easy access for capital with appropriate interest rates. The government should have support in relation to promotion of MSEs from the government and other stakeholders 2
DOI: 10.20372/nadre:9957
Author: MAMUYE BELETECH
Language: English
Open Access status: green
OpenAlex ID: W6944533585
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