The Impact of Finance, Infrastructure and Training on the Performance of SMEs in Pakistan
Ferdos Jamal *
School of Economics and Management, Nanjing University of Science and Technology, China.
Yan Zhijun
School of Economics and Management, Nanjing University of Science and Technology, China.
Usman Ullah Khan
Department of Economics, Hazara University Mansehra, Pakistan.
Muhammad Zubair
School of Mathematics and Statistics, Nanjing University of Science and Technology, China.
Salman Ahmad
School of Economics and Management, Nanjing University of Science and Technology, China.
Farhad Sultan
Department of Economics, University Sabah Malaysia, Malaysia.
Ibad Ullah
Department of Economics, Hazara University Mansehra, Pakistan.
*Author to whom correspondence should be addressed.
Abstract
Aims: The aim of this paper is to determine the impact of infrastructure, finance and training on the performance of Pakistani SMEs, using micro level data.
Study Design: Quantitative descriptive
Place and Duration of Study: World Bank Enterprise survey of 1247 Pakistani manufacturing SMEs is used.
Methodology: To test the hypothesis of this study, descriptive and regression analysis is used to regress firm performance variable on finance, infrastructure and training.
Results: The principle finding of this paper shows that finance is highly significant and positive relationship with SMEs performance. In comparison, infrastructure and training did not significant impact on performance of SMEs.
Conclusion: Through infrastructure, finance and training, SMEs can achieve better performance.
Keywords: Infrastructure, finance, training, SMEs, performance, Pakistan