Sathyamoorthi C. R.
Faculty of Business, Department of Accounting and Finance
University of Botswana, P. O. Box: 70430, Gaborone, Botswana
ABSTRACT
Botswana is fast developing country and has witnessed remarking progress in the areas of Agriculture and Industry since independence. The Eight National Development Plan covering the 1997/98-2002/03 Period has economic diversification as its central theme. Botswanas strong external position provides flexibility in achieving increased employment through industrial development. Every country aims at achieving self-sufficiency through producing what the country needs. Governments do encourage industries to enhance production to satisfy internal and external demands. Encouragement and incentives would be in the form of financial assistance, state protection etc. and through this the state aims at achieving considerable improvement in entrepreneurship performance. The government of Botswana is quite active in promoting small, Medium and Micro Enterprises through its policies on industrial development. This study looks at the government policy on SMME and the performance of these enterprises in relations to the policies and assistance. It also considers the contribution of SMME towards countrys economic growth. The global market has changed considerably as also the activities of Small, medium and micro enterprises. Today, for businesses to survive, dynamism and enterpreneurship must exist in its fullest degree. The study has tried to measure the level of global sense and growth oriented mind of these enterprises, as they are considered essential to withstand global competition.
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How to cite this article
Sathyamoorthi C. R., 2002. Government Policy and Entreperneurship Performance: The Case of Small, Medium and Micro Enterprises in Botswana. Journal of Applied Sciences, 2: 563-569.
DOI: 10.3923/jas.2002.563.569
URL: https://scialert.net/abstract/?doi=jas.2002.563.569
DOI: 10.3923/jas.2002.563.569
URL: https://scialert.net/abstract/?doi=jas.2002.563.569
REFERENCES
- Morewagae, B.S., M. Seemule and H. Rempel, 1995. Access to credit for non-formal micro-enterprise in Botswana. J. Dev. Stud., 31: 481-504.
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