Assessing the Influence of Technical Skills on the Growth of Small, Medium, and Micro Enterprises in Masvingo City, Zimbabwe

This study examines the role of technical skills in driving the growth and sustainability of Small, Medium, and Micro Enterprises (SMMEs) in Masvingo Province, Zimbabwe. Technical skills are recognized as cru-cial for enhancing business performance, fostering competitive ad-vantage, and supporting long-term development. Using a quantitative approach, the research surveyed **233 participants** across diverse sectors within the SMME landscape in the region. The findings reveal a polarized perspective: 50.21% of participants agree that technical skills significantly contribute to business growth, while 49.79% disagree, suggesting varied experiences and perceptions among stakeholders. This study underscores the importance of targeted skill development as a strategic priority to bolster the resilience and success of SMMEs. It provides actionable recommendations for policymakers, business owners, and educators to address this critical gap by investing in tech-nical skills training, aligning educational programs with market de-mands, and fostering a supportive ecosystem for enterprise develop-ment. By prioritizing technical skills, stakeholders can enhance the ca-pacity of SMMEs to navigate challenges, seize growth opportunities, and contribute to the broader economic development of Zimbabwe.

Authors

Publication Details

Journal
International Journal of Applied Research in Business and Management
Published
2024-12-12
DOI
https://doi.org/10.51137/wrp.ijarbm.2024.pjat.45631
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
0.00
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article

Assessing the Influence of Technical Skills on the Growth of Small, Medium, and Micro Enterprises in Masvingo City, Zimbabwe

Solly Matshonisa Seeletse, Watson Ladzani, Pamire Jongwe
International Journal of Applied Research in Business and Management
Entrepreneurship Studies and Influences
article

Assessing the Influence of Technical Skills on the Growth of Small, Medium, and Micro Enterprises in Masvingo City, Zimbabwe

Solly Matshonisa Seeletse, Watson Ladzani, Pamire Jongwe
article en

Abstract

This study examines the role of technical skills in driving the growth and sustainability of Small, Medium, and Micro Enterprises (SMMEs) in Masvingo Province, Zimbabwe. Technical skills are recognized as cru-cial for enhancing business performance, fostering competitive ad-vantage, and supporting long-term development. Using a quantitative approach, the research surveyed **233 participants** across diverse sectors within the SMME landscape in the region. The findings reveal a polarized perspective: 50.21% of participants agree that technical skills significantly contribute to business growth, while 49.79% disagree, suggesting varied experiences and perceptions among stakeholders. This study underscores the importance of targeted skill development as a strategic priority to bolster the resilience and success of SMMEs. It provides actionable recommendations for policymakers, business owners, and educators to address this critical gap by investing in tech-nical skills training, aligning educational programs with market de-mands, and fostering a supportive ecosystem for enterprise develop-ment. By prioritizing technical skills, stakeholders can enhance the ca-pacity of SMMEs to navigate challenges, seize growth opportunities, and contribute to the broader economic development of Zimbabwe.

International Journal of Applied Research in Business and ManagementVol. 5(2)
Industry, innovation and infrastructure
Openalex Percentile: Top 62%
Entrepreneurship Studies and Influences
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