MSME Development in South and Southeast Asia provides a comprehensive examination of micro, small, and medium enterprises, their growth, challenges and opportunities, addressing a critical gap in systematic research for this region.
MSME Development in South and Southeast Asia provides a comprehensive examination of micro, small, and medium enterprises, their growth, challenges and opportunities, addressing a critical gap in systematic research for this region.
Underpinned by the widely cited Isenberg (2010) Entrepreneurial Ecosystem Framework, this book guides readers through six sections, each focusing on key domains such as finance, human capital, innovation, social impact and marketing, across 25 chapters. With contributions from experts across Sri Lanka, the UK, Australia, Malaysia, India, Indonesia, Bangladesh, and Vietnam, this book combines quantitative and qualitative research methods, providing a strong empirical foundation for examining the cultural and social contexts shaping entrepreneurship in Asia. This offers a nuanced perspective distinct from Western ecosystem dynamics and includes focused analysis of women entrepreneurs. In turn, the book offers actionable guidance and policy solutions to foster resilience, inclusivity, and sustainable growth in the region.
The cross-chapter meta-synthesis reframes the traditional “strengthen MSMEs” policy question to ask: How can we reduce the misalignment between what MSMEs can do and what their environments allow them to achieve? This book is essential for academics, researchers, and students in entrepreneurship, development economics, and business management, as well as policymakers, practitioners, and consultants working to support MSMEs.
Section 1: Policy and Regulatory Environment. 1 Introduction to MSMEs in
South and Southeast Asia: Framework and Importance. 2 The Micro, Small, and
Medium Enterprises (MSMEs) Research Landscape in the Region: Lessons for Sri
Lankas Development Path. 3 Positioning Nepals MSME Sector in South Asia: A
Comparative Study of Economic Contribution and Regional Competitiveness. 4
Effectiveness Gaps in Policy Frameworks and Institutional Support Mechanisms
for MSMEs in Vietnam: Insights from Southeast Asian Benchmarking. Section 2:
Finance and MSME Resilience. 5 Modelling the Performance of MSMEs: Recent
Developments. 6 Returns to Microcredit under External Shocks: Evaluating the
Impact of Covid 19 on the Performance of Micro, Small and Medium Enterprises
(MSMEs). 7 From Recovery to Sustainability: Perceptions of Impact Investment
among MSMEs and Ecosystem Actors in Sri Lanka. 8 Standards and Struggles: Why
MSMEs in Emerging Economies Face Hurdles in Accounting Adoption? Section 3:
Human Capital, Leadership, and Education. 9 Leadership Dynamics in MSMEs: Key
Leadership Challenges Faced by Female Entrepreneurs in Sri Lanka. 10
Comparative Analysis of Gender-Inclusive Incubation and Entrepreneurship
Education for MSMEs in South and Southeast Asia. 11 From Survival to Growth:
Exploring the Enterprise Development Journeys of Differently Abled MSMEs in
Sri Lanka. 12 Women-led MSMEs: Breaking Barriers and Creating Impact
(Pakistan) Designing Resilience: A Conceptual Framework for Women-led MSMEs
in Pakistan Using Design Leadership and Workplace Innovation. Section 4:
Market Access, Technology, and Innovation. 13 Stitching Beyond Borders:
Digital Transformation and International Expansion in MSMEs The Tailor
Store Story. 14 The Role of Social Networks and Mentorship in MSME Growth:
Insights from Indonesia. 15 Augmenting SMEs Performance: The Role of
Entrepreneurial Orientation and Entrepreneurial Marketing (Indonesia). 16
Understanding Environmental Influences on Advanced Digital Technologies
Adoption in MSMEs: Case Study of Indonesia. 17 Leveraging Social Media and
Digital Platform for Women-Led Micro and Small Enterprises: Evidence from
Bangladeshi Digital Entrepreneurs. Section 5: Social Impact, Inclusivity, and
Culture. 18 Bricolage as a Survival Strategy: Embedded Agency of Regional
Agro-based Small Businesses amidst Economic Crisis. 19 Understanding
Agricultural Commercialisation through Market Participation: A Case Study of
Farm Households in Thailand. 20 Empowering Women Social Entrepreneurs in
Sabah: Challenges, Ecosystem Gaps, Strengths and Strategic Interventions. 21
From Sunhats to Social Enterprise: Luxury Productisation and Community-Based
Rural Tourism in Dalat, Sarawak. Section 6: Policy Innovations, Trade, and
Regional Integration. 22 Sri Lankan MSMEs integration with ASEAN:
Opportunities and Challenges through the Lens of Free Trade Agreements with
Singapore and Thailand. 23 Analysing the Macro-level Determinants of Small &
Medium Enterprises Participation in Global Value Chains - An Econometric
Analysis. 24 Bridging Pedagogy and Practice: A Theory Synthesis of
Experiential Entrepreneurship Education Research for Regional MSME
Development. 25 Synthesising MSME Development Realities and Strategic
Pathways in South and Southeast Asia.
Chamindika Weerakoon is a Senior Lecturer in Entrepreneurship and Innovation at Swinburne University of Technology, Australia.
Wasantha Athukorala is a Senior Professor and Director of the Postgraduate Institute of Humanities and Social Sciences, University of Peradeniya, Sri Lanka.
Athula Ekanayake is a Professor in the Faculty of Management, University of Peradeniya, Sri Lanka.
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