Advances in Economics and Business Vol. 3(8), pp. 340 - 347
DOI: 10.13189/aeb.2015.030807
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Role of SMEs in the Economic and Social Development: Case of Terroir Products in Souss Massa Draa Region (Morocco)


Bellihi Hassan *, Bazi Mohamed
National school of Business and Management, Ibnou Zohr University, Morocco

ABSTRACT

The study of entrepreneurship as well as Small and Medium-sized Enterprises (SMEs) interests more and more the practitioners, politicians and academics around the world seen their weight in the global economy. Small and Medium-sized Enterprises have no universal definition but are rather defined by their size based on their number of employees, Balance sheet total and Turnover whose boundaries differ from one country to another. Driven by entrepreneurship, SMEs represent a real lever for economic and social growth especially in emerging economies level. Now, it is generally accepted that Small and Medium-sized Enterprises are endowed with a potential of innovation, job creation and income growth. Thus, in a global context, SMEs in developing countries try to survive and to expand their activities on other markets which is not an easy task. So, the difficulty of the context in which they operate makes it a model worth studying. Our paper aims to draw up the profile of SME entrepreneurs in the field of terroir products in Souss Massa Draa (Morocco) region in order to understand their main motivations and aspirations. So we shall clarify the main obstacles facing these entrepreneurs on one hand and the important role they play in Moroccan economy on the other hand. Our study suggests adopting a strategy based on network weaving to better promote terroir products and contribute to the sustainable development of the region. This strategy must be accompanied with the independence from financing to allow these SMEs to grow up and reach an international dimension. The contribution of this paper is therefore to suggest to researchers in entrepreneurship to focus on theories such as resource based view or stakeholder theory to better understand the issues related to small and medium terroir businesses

KEYWORDS
Developing Countries, Economic, Entrepreneurship, SME, Social

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Bellihi Hassan , Bazi Mohamed , "Role of SMEs in the Economic and Social Development: Case of Terroir Products in Souss Massa Draa Region (Morocco)," Advances in Economics and Business, Vol. 3, No. 8, pp. 340 - 347, 2015. DOI: 10.13189/aeb.2015.030807.

(b). APA Format:
Bellihi Hassan , Bazi Mohamed (2015). Role of SMEs in the Economic and Social Development: Case of Terroir Products in Souss Massa Draa Region (Morocco). Advances in Economics and Business, 3(8), 340 - 347. DOI: 10.13189/aeb.2015.030807.