CHAPTER 3

The Importance of SMEs on Developing Countries

Introduction

The aim of the chapter is to explore the importance of the SME sector in developing countries. From the results of the study, it was observed that SMEs are essential to economy development. The author used qualitative research methods to conduct secondary research on the topic. Several academic journals as well as published online papers and books were used to achieve a high level of understanding and exploration of the topic. This chapter is based on surveying the literature review and establishing a base for exploring the importance of the SME sector in developing countries. The hypotheses presented here are tested, and the findings are presented. The presented findings revealed ...

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