Analysis of the Role of SMEs in territorial development: case of the municipality of Akbou in Algeria

This article examines the interaction between small and medium enterprises (SMEs) and territorial development in Akbou, Algeria, within the context of economic decentralization. Through a mixed-method approach, combining questionnaires, interviews, document analysis, and field observations, the study explores the role of SMEs in the local economy, as well as the challenges they face, such as access to financing and administrative complexity. Although rooted in local dynamics, Akbou's SMEs actively contribute to job creation, innovation, and strengthening social bonds. Cooperation between SMEs, local authorities, and support institutions is essential for overcoming obstacles and improving competitiveness. Recommendations include facilitating access to financing, promoting training, and modernizing infrastructure. These strategies could optimize the contribution of SMEs to territorial development, creating a resilient and inclusive economic ecosystem for the region.

Authors

Publication Details

Journal
Brazilian Journal of Business
Published
2024-11-19
DOI
https://doi.org/10.34140/bjbv6n4-027
Citations
1
Primary Topic
Economic Zones and Regional Development
Type
article
Field-Weighted Citation Impact
0.83
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article

Analysis of the Role of SMEs in territorial development: case of the municipality of Akbou in Algeria

Lakhdar Ziane, Moussa Boukrif
1 citations
Brazilian Journal of Business
Economic Zones and Regional Development
0.83
article

Analysis of the Role of SMEs in territorial development: case of the municipality of Akbou in Algeria

Lakhdar Ziane, Moussa Boukrif
article en
1 citations

Abstract

This article examines the interaction between small and medium enterprises (SMEs) and territorial development in Akbou, Algeria, within the context of economic decentralization. Through a mixed-method approach, combining questionnaires, interviews, document analysis, and field observations, the study explores the role of SMEs in the local economy, as well as the challenges they face, such as access to financing and administrative complexity. Although rooted in local dynamics, Akbou's SMEs actively contribute to job creation, innovation, and strengthening social bonds. Cooperation between SMEs, local authorities, and support institutions is essential for overcoming obstacles and improving competitiveness. Recommendations include facilitating access to financing, promoting training, and modernizing infrastructure. These strategies could optimize the contribution of SMEs to territorial development, creating a resilient and inclusive economic ecosystem for the region.

Brazilian Journal of BusinessVol. 6(4)
Industry, innovation and infrastructure
Openalex Percentile: Top 21%
Economic Zones and Regional Development
0.83
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