The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, Ethiopia
Abstract The research aims to investigate the roles of market linkage for the growth of MSE in Ambo town. The data were collected through questionnaires and interviews. A stratified sampling technique is used to select among the seven business sectors. Data were analyzed using descriptive and infere...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
SpringerOpen
2022-11-01
|
Series: | Journal of Innovation and Entrepreneurship |
Subjects: | |
Online Access: | https://doi.org/10.1186/s13731-022-00258-9 |
_version_ | 1797985505665613824 |
---|---|
author | Obsa Ensermu Gudeta Daniel Tadesse Tulu |
author_facet | Obsa Ensermu Gudeta Daniel Tadesse Tulu |
author_sort | Obsa Ensermu Gudeta |
collection | DOAJ |
description | Abstract The research aims to investigate the roles of market linkage for the growth of MSE in Ambo town. The data were collected through questionnaires and interviews. A stratified sampling technique is used to select among the seven business sectors. Data were analyzed using descriptive and inferential statistics. The study elicited five major factors that affects the growth of MSE which include financial capacity, government support, entrepreneurial competency, marketing information, and types of business sectors. The findings from correlation and regression further indicate that there exists a positive and significant relationship between MSEs growth and, financial capacity, government support, entrepreneurial competency, marketing information, and types of business sectors. The concerned bodies should facilitate market linkage enhancement between MSE and the market. MSEs on their part are expected to improve financial capacity and competence. Furthermore, adequate market information has to be collected continuously to improve the linkage. By and general, growth of MSE is attributed to internal as well as external market linkage factors. In addition entrepreneurial competency of the person leading the enterprises is vital in creating good market linkage which in turn brings MSE growth. |
first_indexed | 2024-04-11T07:19:15Z |
format | Article |
id | doaj.art-cd18885f9b5e462190a266cf236e7f7b |
institution | Directory Open Access Journal |
issn | 2192-5372 |
language | English |
last_indexed | 2024-04-11T07:19:15Z |
publishDate | 2022-11-01 |
publisher | SpringerOpen |
record_format | Article |
series | Journal of Innovation and Entrepreneurship |
spelling | doaj.art-cd18885f9b5e462190a266cf236e7f7b2022-12-22T04:37:50ZengSpringerOpenJournal of Innovation and Entrepreneurship2192-53722022-11-0111111410.1186/s13731-022-00258-9The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, EthiopiaObsa Ensermu Gudeta0Daniel Tadesse Tulu1Department of Management, Ambo UniversityDepartment of Management, Ambo UniversityAbstract The research aims to investigate the roles of market linkage for the growth of MSE in Ambo town. The data were collected through questionnaires and interviews. A stratified sampling technique is used to select among the seven business sectors. Data were analyzed using descriptive and inferential statistics. The study elicited five major factors that affects the growth of MSE which include financial capacity, government support, entrepreneurial competency, marketing information, and types of business sectors. The findings from correlation and regression further indicate that there exists a positive and significant relationship between MSEs growth and, financial capacity, government support, entrepreneurial competency, marketing information, and types of business sectors. The concerned bodies should facilitate market linkage enhancement between MSE and the market. MSEs on their part are expected to improve financial capacity and competence. Furthermore, adequate market information has to be collected continuously to improve the linkage. By and general, growth of MSE is attributed to internal as well as external market linkage factors. In addition entrepreneurial competency of the person leading the enterprises is vital in creating good market linkage which in turn brings MSE growth.https://doi.org/10.1186/s13731-022-00258-9AmboMarket linkageMicro and small scale enterprisesGrowth |
spellingShingle | Obsa Ensermu Gudeta Daniel Tadesse Tulu The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, Ethiopia Journal of Innovation and Entrepreneurship Ambo Market linkage Micro and small scale enterprises Growth |
title | The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, Ethiopia |
title_full | The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, Ethiopia |
title_fullStr | The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, Ethiopia |
title_full_unstemmed | The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, Ethiopia |
title_short | The role of market linkage in growth of micro and small scale enterprises: the case of Ambo town, Ethiopia |
title_sort | role of market linkage in growth of micro and small scale enterprises the case of ambo town ethiopia |
topic | Ambo Market linkage Micro and small scale enterprises Growth |
url | https://doi.org/10.1186/s13731-022-00258-9 |
work_keys_str_mv | AT obsaensermugudeta theroleofmarketlinkageingrowthofmicroandsmallscaleenterprisesthecaseofambotownethiopia AT danieltadessetulu theroleofmarketlinkageingrowthofmicroandsmallscaleenterprisesthecaseofambotownethiopia AT obsaensermugudeta roleofmarketlinkageingrowthofmicroandsmallscaleenterprisesthecaseofambotownethiopia AT danieltadessetulu roleofmarketlinkageingrowthofmicroandsmallscaleenterprisesthecaseofambotownethiopia |