STRATEGIES OF SMALL ENTERPRISES DEVELOPMENT IN AFRICAN COUNTRIES

Tatyana Nikolaevna YAKUBOVA

Associate Professor, Department of Management, Faculty of Economics, Peoples’ Friendship University of Russia (RUDN University), 6, Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

yakubova_tn@rudn.university

Boy Moustoifa SAGAFFE

PhD student, Department of Management, Faculty of Economics Peoples’ Friendship University of Russia (RUDN University), 13, Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

Sagaffe15@gmail.com

Abstract

The article describes the basic concepts and classification icons/symbols of small enterprises. Small enterprises are defined by the author as irreplaceable drivers of economic development, which are a source of economic growth and a tool for resources redistribution. This study analyzes the current strategies of small enterprises development in African countries such as Morocco, SAR and Tunisia, which made it possible to formulate conclusions and recommendations.

Keywords: African country, SMEs, entrepreneurship, small enterprises development strategies, competitiveness
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STRATEGIES OF SMALL ENTERPRISES DEVELOPMENT IN AFRICAN COUNTRIES

Yakubova, Tatyana NIKOLAEVNA

Associate Professor, Department of Management, Faculty of Economics, Peoples’ Friendship University of Russia (RUDN University), 6, Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

yakubova_tn@rudn.university

Sagaffe Boy MOUSTOIFA

PhD student, Department of Management, Faculty of Economics, Peoples’ Friendship University of Russia (RUDN University), 13, Miklukho-Maklaya Street, Moscow, 117198, Russian Federation

Sagaffe15@gmail.com

Abstract

The article describes the basic concepts and classification icons/symbols of small enterprises. Small enterprises are defined by the author as irreplaceable drivers of economic development, which are a source of economic growth and a tool for resources redistribution. This study analyzes the current strategies of small enterprises development in African countries such as Morocco, SAR and Tunisia, which made it possible to formulate conclusions and recommendations.

Keywords: African country, SMEs, entrepreneurship, small enterprises development strategies, competitiveness.
read more