| Issue |
E3S Web Conf.
Volume 449, 2023
International Scientific and Practical Conference “Priority Directions of Complex Socio-Economic Development of the Region” (PDSED 2023)
|
|
|---|---|---|
| Article Number | 05007 | |
| Number of page(s) | 14 | |
| Section | Econometric Modeling of Sustainable Development of the Regional Economy | |
| DOI | https://doi.org/10.1051/e3sconf/202344905007 | |
| Published online | 16 November 2023 | |
Determinants of MSMES entrepreneurs sustainability
1 Karpagam Academy of Higher Education, 641021 Coimbatore, India
2 Post Graduate and Research Department of Commerce, Nallamuthu Gounder Mahalingam College, 642001 Pollachi, India
3 PSG College Of Arts & Science, 641014 Coimbatore, India
4 Department of Commerce, Rathinam College of Arts and Science, (Autonomous), 641021 Coimbatore, India
* Corresponding author: drvelsngm@gmail.com
Micro, Small, and Medium Enterprises (MSMEs) play a vital role in the global economy, contributing to job creation, innovation, and economic growth. However, the sustainability of MSMEs remains a significant concern, as many of them struggle to survive beyond the initial stages of their operation. This review aims to identify and analyze the determinants that influence the sustainability of MSMEs, with a specific focus on the entrepreneurial perspective. The result of the study disclose that innovation and risk taking, tolerance self-efficacy, financial control, managerial self-efficacy, opportunity identification self-efficacy, functional skills, relationship self-efficacy and technical skills are the factors that assists MSME entrepreneurs sustainability.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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