AN OVERVIEW OF DEVELOPMENT AND OBSTACLES OF SMALL AND MEDIUM ENTERPRISES (SMES) IN BENGKULU PROVINCE

Abduh, Muhamad and Benardin, Benardin and Darta, Effed (2014) AN OVERVIEW OF DEVELOPMENT AND OBSTACLES OF SMALL AND MEDIUM ENTERPRISES (SMES) IN BENGKULU PROVINCE. In: ASEAN Economic Community 2015: Issues and Challenges, 9-10 Oktober 2013, IPB Internatonal Convention Center (IICC).

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Abstract

In line to the national policy, strengthening the development and growth of small and medium enterprises (SMEs) has been decided as one of the strategic economic development policies for the medium and long term development plans of Bengkulu Province. During the last couple years, a number of studies on SMEs in Bengkulu Province had been undertaken by the authors of this paper and partial results of the studies are presented in this paper. More specifically, the aims of this paper are to provide an overview of the development of SMEs in Bengkulu Province, highlight obstacles faced by SMEs, discuss their implications and suggest relevant recommendations for strengthening the future development and growth of SMEs. The nature of this paper is a descriptive analysis using secondary data and sources which were collected using the library research method. The data provided by the Bureau of Statistics of Bengkulu (BPS, 2013) indicate that the number of SMEs established in Bengkulu Province, the amount of investment and production, and the number of people employed by the SMEs have grown steadily overtime. However, the results of the existing studies in Bengkulu Province indicated that generally SMEs face a number of obstacles hindering their further development and growth. The implications of the obstacles and relevant recommendations were discussed in this paper.

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