IJEBD (International Journal Of Entrepreneurship And Business Development)
Vol 6 No 3 (2023): May 2023

Constraints to Micro, Small and Medium Enterprises Recovery

Eluphy Banda Nyirenda (University of Zambia)
Abubaker Qutieshat (University of Dundee, United Kingdom and ODC, Oman)



Article Info

Publish Date
31 May 2023

Abstract

Purpose: This review paper was done to understand the major constraints to Micro Small and Medium Enterprises’ (MSMEs) recovery in Malawi following the impact of COVID-19, discuss implications, and propose policy recommendations. Design/methodology/approach: A systematic review of literature, both grey and from peer reviewed journals was used to identify the major constraints exerted on MSMEs following the onset of COVID-19. Findings: The major constraints to MSMEs’ recovery include disruptions in supply chain, demand for increased use of technology and innovation, lack of access to capital on information on opportunities/ emerging markets, increased health and safety requirements. Research limitations/implications: The unavailability of data on MSMEs’ contribution to the growth and scholarly publication on pre- and post-recovery in Malawi. Practical implications: This study proposes review of fiscal and monetary policies to align with MSMEs growth needs. Originality/value: This is a review paper. Paper type: A literature review.

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Journal Info

Abbrev

ijebd

Publisher

Subject

Economics, Econometrics & Finance

Description

Focus and Scope IJEBD International Journal of Entrepreneurship and Business Development is an international, peer-reviewed journal publishing articles on all aspects of Entrepreneurship and Business Development. All accepted articles will be published on payment of an article-processing charge, and ...