A Study on the Determinants of Growth for SMEs - With Reference to Servo Stabilizer Manufacturing Units
Growth of small and medium enterprises is an essential element for any thriving economy. A study has been undertaken on typical business enterprises in India such as Servo Stabilizer manufacturing units to develop a better knowledge on the determinants of growth for small and medium enterprises. The main aim of the study is to examine the business profile of the firms and the determinants of growth with respect to firm specific characteristics such as the age of the firm, type of organization, other business and size of the firm. The non-financial measures used in the operational growth has been studied under four dimensions namely; product, customer, competition and organization.