Assessing The Role Of Small And Medium Size Enterprises (Smes) In Promoting A Sustained, Inclusive And Sustainable Economic Growth In Cameroon
Ndah Grimbald
ICT University, Cameroon
Nchise Delphine Nchang
ICT University, Cameroon
Keywords: Small and Medium Size Enterprises (SMEs), Economic Sustainability, Inclusive Economy
Abstract
The purpose of this study was to assess the role of SMEs in promoting a sustained, inclusive and sustainable economic growth in Cameroon. The study was guided by the epistemology of positivism and followed the causal research design in quantitative method of analysis. A sample size of 200 SME owners and managers in the Capital City of Yaoundé was considered using simple random probability sampling. Three causal relationships were hypothesized to produce law-like generalisations in this study and two of the three were found to be statistically significant (see table 2). The findings of this study revealed that sustainable business and the creation or promotion of more SMEs have a statistically significant impact on a sustained, inclusive and sustainable economic growth in Cameroon. However, the study is limited in that its research scope was centred only on SMEs in Yaoundé, and other major cities like Douala, the economic capital of Cameroon were not covered in this study. It is therefore recommended that further studies should cover a sizeable portion of the country. The practical implications of this study is that it will contribute to the body of existing knowledge of SME role and contribution to the Cameroon economy and very importantly help in guiding government overall policy towards the promotion of SME growth in Cameroon. The originality and value contribution of this study is ascertained by the validity and reliability tests that were conducted here-in.