THE IMPACT OF SMALL BUSINESS ON ECONOMIC GROWTH IN DEVELOPING COUNTRIES

Authors

  • Kambarova Arofatkhan Student of the Faculty of International Economic Relations, Kimyo International University in Tashkent

Keywords:

small business, economic growth, entrepreneurship, innovation, job creation.

Abstract

Small businesses are vital to economic growth in developing countries, playing a critical role in creating jobs, fostering innovation, and stimulating local economies. This article explores the various ways small businesses contribute to economic growth, employing a detailed literature review, analysis, and empirical evidence from different contexts in the developing world. Recommendations are offered for policy development to support the growth of small businesses, including financial support, legal frameworks, and educational programs.

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Published

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Issue

Vol. 10 No. 8 (2023): EPRA International Journal of Economics, Business and Management Studies (EBMS)

Section

Articles