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The Role of Small and Medium Enterprises (SMEs) to Employment in Ghana

Received: 10 August 2018    Accepted: 7 September 2018    Published: 11 October 2018
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Abstract

The study used descriptive statistics design type to assess the role that MSMEs are playing with respect to employment in Ghana. The study adopted the methodology employed by Ghana Statistical Service (GSS) to undertake a nationwide survey on the Integrated Business Establishment Survey II (IBES II, 2016). It used the data generated by GSS from IBES II 2016 Survey report. The data set used included the employment levels (numbers), size and the status of employment (permanent and temporary) offered by MSMEs in Ghana. It was revealed from the study that the MSMEs in Ghana offered employment of about 82 percent to the working population in the country with marked differences in the regions. Out of the employment offered by MSMEs in Ghana, about 81 percent is for permanent whilst 86 percent is for temporary employment. The Micro enterprises employed larger percentage of the working population than the Small and Medium enterprises. We are recommending that the central, regional and district structures of governance in the country should continue to initiate, develop and implement pragmatic policies that will enhance the growth of the MSMEs’ sector in the country. The programmes and policies to enhance the growth of the Sector should be focused on specific areas and size of the MSMES. The MSMEs sector at all levels is still confronting with both endogenous and exogenous challenges such as access to funds, lack of managerial skills and applications of appropriate technologies, registration and regulations issues as well as record keeping and access to international market. All stakeholders in the sector should work hand in hand to resolve these challenges for optimum operation of the MSMEs in the country to help reduce the unemployment situation in the country.

Published in International Journal of Business and Economics Research (Volume 7, Issue 5)
DOI 10.11648/j.ijber.20180705.14
Page(s) 151-157
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Status of Employment, Role, Small and Medium Enterprise (SMEs)

References
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  • APA Style

    Seth Kwaku Amoah, Alfred Kwabena Amoah. (2018). The Role of Small and Medium Enterprises (SMEs) to Employment in Ghana. International Journal of Business and Economics Research, 7(5), 151-157. https://doi.org/10.11648/j.ijber.20180705.14

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    ACS Style

    Seth Kwaku Amoah; Alfred Kwabena Amoah. The Role of Small and Medium Enterprises (SMEs) to Employment in Ghana. Int. J. Bus. Econ. Res. 2018, 7(5), 151-157. doi: 10.11648/j.ijber.20180705.14

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    AMA Style

    Seth Kwaku Amoah, Alfred Kwabena Amoah. The Role of Small and Medium Enterprises (SMEs) to Employment in Ghana. Int J Bus Econ Res. 2018;7(5):151-157. doi: 10.11648/j.ijber.20180705.14

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  • @article{10.11648/j.ijber.20180705.14,
      author = {Seth Kwaku Amoah and Alfred Kwabena Amoah},
      title = {The Role of Small and Medium Enterprises (SMEs) to Employment in Ghana},
      journal = {International Journal of Business and Economics Research},
      volume = {7},
      number = {5},
      pages = {151-157},
      doi = {10.11648/j.ijber.20180705.14},
      url = {https://doi.org/10.11648/j.ijber.20180705.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20180705.14},
      abstract = {The study used descriptive statistics design type to assess the role that MSMEs are playing with respect to employment in Ghana. The study adopted the methodology employed by Ghana Statistical Service (GSS) to undertake a nationwide survey on the Integrated Business Establishment Survey II (IBES II, 2016). It used the data generated by GSS from IBES II 2016 Survey report. The data set used included the employment levels (numbers), size and the status of employment (permanent and temporary) offered by MSMEs in Ghana. It was revealed from the study that the MSMEs in Ghana offered employment of about 82 percent to the working population in the country with marked differences in the regions. Out of the employment offered by MSMEs in Ghana, about 81 percent is for permanent whilst 86 percent is for temporary employment. The Micro enterprises employed larger percentage of the working population than the Small and Medium enterprises. We are recommending that the central, regional and district structures of governance in the country should continue to initiate, develop and implement pragmatic policies that will enhance the growth of the MSMEs’ sector in the country. The programmes and policies to enhance the growth of the Sector should be focused on specific areas and size of the MSMES. The MSMEs sector at all levels is still confronting with both endogenous and exogenous challenges such as access to funds, lack of managerial skills and applications of appropriate technologies, registration and regulations issues as well as record keeping and access to international market. All stakeholders in the sector should work hand in hand to resolve these challenges for optimum operation of the MSMEs in the country to help reduce the unemployment situation in the country.},
     year = {2018}
    }
    

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  • TY  - JOUR
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    AU  - Seth Kwaku Amoah
    AU  - Alfred Kwabena Amoah
    Y1  - 2018/10/11
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    DO  - 10.11648/j.ijber.20180705.14
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    UR  - https://doi.org/10.11648/j.ijber.20180705.14
    AB  - The study used descriptive statistics design type to assess the role that MSMEs are playing with respect to employment in Ghana. The study adopted the methodology employed by Ghana Statistical Service (GSS) to undertake a nationwide survey on the Integrated Business Establishment Survey II (IBES II, 2016). It used the data generated by GSS from IBES II 2016 Survey report. The data set used included the employment levels (numbers), size and the status of employment (permanent and temporary) offered by MSMEs in Ghana. It was revealed from the study that the MSMEs in Ghana offered employment of about 82 percent to the working population in the country with marked differences in the regions. Out of the employment offered by MSMEs in Ghana, about 81 percent is for permanent whilst 86 percent is for temporary employment. The Micro enterprises employed larger percentage of the working population than the Small and Medium enterprises. We are recommending that the central, regional and district structures of governance in the country should continue to initiate, develop and implement pragmatic policies that will enhance the growth of the MSMEs’ sector in the country. The programmes and policies to enhance the growth of the Sector should be focused on specific areas and size of the MSMES. The MSMEs sector at all levels is still confronting with both endogenous and exogenous challenges such as access to funds, lack of managerial skills and applications of appropriate technologies, registration and regulations issues as well as record keeping and access to international market. All stakeholders in the sector should work hand in hand to resolve these challenges for optimum operation of the MSMEs in the country to help reduce the unemployment situation in the country.
    VL  - 7
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Author Information
  • Department of Procurement and Supply Chain Management, Faculty of Business and Management Studies, Sunyani Technical University, Sunyani, Ghana

  • Ghana National Ambulance Service, Sunyani, Ghana

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