Role of Micro, Small and Medium Enterprises in Achieving SDGs: Perspectives from Emerging Economies (Sustainable Development Goals Series)

This book discusses and provides empirical evidence of the importance of Micro, Small and Medium Enterprises (MSMEs) in achieving Sustainable Development Goals (SDGs) in a number of developing countries. In doing so, the book focuses on the contributions of MSMEs to national efforts, directly or indirectly, to achieve poverty reduction (Goal 1), zero hunger (Goal 2), good health and wellbeing (Goal 3), quality education (Goal 4), gender equality (Goal 5), clean water & sanitation (Goal 6), income distribution (Goal 10), and sustainable cities & communities (Goal 11). The book consists of chapters discussing evidence on these particular topics based on research from various countries including Indonesia, India, Sri Lanka, Nepal and Malaysia. Preface Contents Notes on Contributors List of Figures List of Tables 1 Introduction: Role of MSMEs in Achieving SDGs—Perspectives from Emerging Economies Introduction Status of MSMEs MSMEs and Sustainable Development Goals (SDGs) Growth Prospects and Challenges of MSMEs COVID-19 Pandemic UN MSMEs Day (27 June): The Great Lockdown and Its Impact on Small Business Conclusion References Part I The Contribution of MSMEs to the Achievement of the SDGs 2 Role of MSMEs in the Achievement of SDGs in India in the Current Scenario Introduction Meaning of Sustainable Development Goals Conclusion References 3 The Potential Role of MSMEs in Achieving SDGs in Indonesia Introduction Achievement of SDGs in Indonesia The Importance of MSMEs Potential Role of MSMEs Goal 1: Poverty Alleviation Goal 2: Zero Hunger Goal 3: Good Health and Well-Being Goal 4: Quality Education Goal 5: Gender Equality Goal 8: Decent Work and Economic Growth Goal 9: Industry, Innovation, and Infrastructure Goal 10: Reduced Inequalities Goal 11: Sustainable Cities and Communities Main Constraints Conclusion References 4 MSMEs: The Growth Engine of India to Achieve Sustainable Development Goals and Self-Reliance Introduction Role of MSMEs in the Indian Economy and the Attainment of SDGs Challenges and Way Forward for India Conclusion References 5 MSMEs and SDGs: Evidence from Bangladesh Introduction Overview of MSMEs in Bangladesh Literature Review SMEs in Developing Countries Prior Studies on SMEs in Bangladesh SMEs and SDGs in Developing Countries Prior Studies from Bangladesh on SDGs and SMEs Research Gap Objectives and the Research Questions of the Study. Objective Research Questions Methodology Data Analysis and Interpretation of Data Findings Conclusion and Recommendations Appendix: Correlations Between Problems Faced by SME Owners and SDGS References Part II Particular areas of the SDGs 6 Africa’s Performance with Regard to SDGs and the Important Role of MSMEs Introduction Evolution of Sustainable Development Goals How MDGs Transformed to SDGs Africa’s Performance with Regard to SDGs MSMEs in the Achievement of SDGs in Africa Poverty Alleviation (SDG 1) MSMEs and Unemployment (SDG 8) Inclusive Sustainable Economic Growth (SDG 8). Promote Inclusive and Sustainable Industrialization and Foster Innovation (SDG 9) Modern Microfinance Becomes a Matter of Global Concern Liquidity as a Constraint to the Growth of MSMEs and the Role of Microfinance Microfinance, Green Microfinance MSMEs and SDGs Conclusion References 7 The Role Played by Research and Development in Uganda’s MSME Toward Promoting SDGs Introduction Micro, Small, and Medium Enterprises and Their Relevance to the Achievement of SDGs Economic Contributions of MSMEs Innovation by MSMEs for Achievement of SDGs Research and Development (R&D) and Growth of MSMEs The Study Methodology Research Approach Research Design Target Population Sample Size Data Collection Instruments Validity and Reliability of the Instruments Findings Confirmatory Factor Analysis for R&D in GKMA Pearson’s Linear Correlation for R&D and Growth of MSMEs in the Greater Kampala Metropolitan Area Effect of R&D on the Growth of MSMEs in the Greater Kampala Metropolitan Area Discussion Conclusions Recommendations References 8 MSMEs as a Driving Force for Achieving SDGs in Developing Economies: Special Focus on Gender Equality in India Introduction MSMEs: World Scenario International MSMEs Day, 27th June MSMEs: Indian Scenario Major Issues MSMEs and SDGs Role of MSMEs in Achieving SDGs Women’s Empowerment: World Scenario Gender Equality and Woman Empowerment Gender-Related Development Index (GDI) Global Gender Gap Index 2022 in South Asia (Out of 146 Countries) Comparison of Global/Sub-Index of India in 2006 and 2022 Economic Empowerment of Women Conclusion References 9 Role of MSMEs for Achieving SDGs in Developing Economies with Special Reference to India and Bangladesh Introduction MSMEs Are Categorized in Accordance with the MSMED Act of 2020 in India Definition of MSMEs in Bangladesh Review of the Literature Methodology Role of MSMEs in Attaining SDGs Some Important SDGs and the Role of MSME in Achieving These Goals Improve Sustainability of MSMEs Significant Problems on MSMEs Confront and Solutions to Secure Their Sustainability Financial Access Absence of Helpful Government Policies Findings Recommendations The 2030 Agenda and SDGs Have Opened Up New Prospects for MSMEs in Terms of Business Models and Solutions Conclusion References 10 The Role of MSMEs in Achieving the SDGs, Especially on Poverty Reduction in 5 ASEAN Countries Introduction Methodology Data Analysis Conclusion References 11 Contribution of MSMEs to SDGs Through Corporate Social Responsibility Introduction SDGs Concept of CSR Carroll’s CSR Pyramid Approaches to CSR Case of India Contribution of MSMEs Mandatory CSR Spending Linking of SDG and CSR Schedule VII and SDG Mapping Barriers to CSR Why Should MSMEs Undertake CSR in Spite of Barriers? Concluding Remarks References Part III The Operational Management or Development of MSMEs 12 Increasing the Role of Small Businesses in Achieving the SDGs Through Strengthening Managerial Capabilities: The Case of Nigeria Introduction Literature Review Sustainable Development and Linkage to MSMEs Managerial Capabilities Small Business Performance SDGs, Small Business and Economic Performance Coronavirus, SDGs, and Performance of Small Businesses in Nigeria Entrepreneurial Self-Efficacy Empirical Review Theoretical Review Conceptual Model Operationalization of Variables Independent Variables Functional Relationships Hypothesis Methodology Research Design Data Analysis and Results Discussion of Findings Conclusion and Recommendation Limitations and Future Directions References 13 Configuring Ecosystems for MSMEs to Achieve SDGs: A Co-Design Study in Botswana and Malaysia Introduction Background Importance of SDGs Importance of MSMEs Botswana and Malaysia: The Setting Definition and Population of MSMEs: A Comparison Between Botswana and Malaysia Literature Review Theoretical Perspective Stakeholder Theory Social Capital Theory Methodology The Jigsaw Ecosystem Design Framework Visualizations as Useful Heuristics Botswana and Malaysian Case Studies: The Co-design Activities Findings and Discussions Botswana Malaysia Discussions Practical Implications Conclusions References 14 MSMEs in Achieving SDGs with Reference to Nepalese Education Consultancies Through COVID-19 and Their Status with SDGs for Nepal Background Method MSMEs in Developing Countries Conceptualizing Enterprise Sustainability Education Consultancies in Achieving SDGs for Nepal Problems Faced by the Nepalese Education Consultancies Techniques Invented for Survival Through COVID-19 Concluding the Contributions of Nepalese Education Consultancies to SDGs for Nepal References Index