Subscribe Now Subscribe Today
Research Article
 

Government Policy and Entreperneurship Performance: The Case of Small, Medium and Micro Enterprises in Botswana



Sathyamoorthi C. R.
 
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. Botswana’s 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 country’s 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.

Services
Related Articles in ASCI
Similar Articles in this Journal
Search in Google Scholar
View Citation
Report Citation

 
  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

REFERENCES
Alexander, E., J. Mbere and M. Setimela, 1983. Informal sector business in four Botswana communities. Ministry of Local Government and Lands.

Aley, J., 1993. Who really creates jobs, factors, credit management. Fortune, 128: 23-24.

Baker, C., 1992. Small business success factors. Credit Management, pp: 23-24.

Briscoe, A., 1995. Small Business Support in Botswana. Morula Press, Gaborone, Botswana.

Daniels, L. and Y. Fisseha, 1992. Micro and small-scale enterprises in Botswana: Results of a nation-wide survey. Gemini Technical Report No. 46, Washington, DC.

Government of Botswana, 1988. Evaluation of the Financial Assistance Policy. Government Printing and Publishing Services, Gaborone.

Government of Botswana, 1999. Policy on Small Medium and Micro Enterprises in Botswana. Ministry of Commerce and Industry, Gaborone, Botswana.

Meeks, F., 1993. The world best small companies. Forbes, 152: 219-220.

Ministry of Commerce and Industry, 1998. Small, Medium and Micro Enterprise Task Force Report. Government Printers, Gaborone, Botswana.

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.
CrossRef  |  Direct Link  |  

Rondinelli, D.A. and A.D. Kasarda, 1993. Job creation and economics development in Indonesia: The critical role of small business. J. Asian Bus., 9: 1-2.

Sunny, G. and V. Babikanyisa, 1994. The Second Best: The Role and Constraints of the Non-formal Sector in Botswana. University of Botswana, Gaborone, Botswana.

©  2019 Science Alert. All Rights Reserved