ABSTRACT

Understanding the reasons behind the success and failure of SMEs is an important research endeavor. This study develops a success versus prediction model for small and medium enterprises (SMEs). Data were collected from SMEs in Mauritius. Both models were found to be valid and reliable and had good prediction accuracies. The full model, however, was found to have a slight advantage over the reduced model. Capital, financial record keeping and control, management experience, business planning and use of professional advisors were significant predictors SMEs’ success. The theoretical implications of the findings are discussed. The study also provides practical implications for stakeholders.

摘要

了解中小企业成功和失败背后的原因是一项重要的研究工作。本研究为中小型企业 (SME) 开发了一个成功与预测模型。数据是从毛里求斯的中小企业收集的。两个模型均被证明是有效且可靠的，并且具有良好的预测精度。然而，我们发现完整模型比简化模型稍有优势。资本、财务记录保存和控制、管理经验、业务规划和专业顾问的使用是中小企业成功的重要预测因素。讨论了研究结果的理论意义。该研究还为利益相关者提供了实际意义。