SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete!

The Middle East North Arica (MENA) region faces no greater challenge than employment generation. An expanding literature on 'gazelles' suggests that a small percentage of fast-growing small and medium enterprises (SMEs) generate the major...

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Main Authors: Stone, Andrew, Badawy, Lina Tarek
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2011/09/15089185/sme-innovators-gazelles-mena-educate-train-certify-compete
http://hdl.handle.net/10986/10867
id okr-10986-10867
recordtype oai_dc
spelling okr-10986-108672021-04-23T14:02:52Z SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete! Stone, Andrew Badawy, Lina Tarek BOARD OF DIRECTORS COMPANY COMPETITION POLICY COMPETITORS COMPUTER LITERACY ECONOMICS EMPLOYMENT EMPLOYMENT GROWTH FACTOR MARKETS FIRMS FOREIGN COMPANIES FOREIGN COMPANY HIGH EMPLOYMENT HIGH GROWTH SME HIGHER PRODUCTIVITY INNOVATION LEARNING LITERATURE LOAN MANUFACTURERS MEDIUM ENTERPRISES PAPERS PRODUCTIVITY PRODUCTIVITY GROWTH SMALL FIRMS SME TELECOMMUNICATION TELECOMMUNICATIONS UNIVERSITY EDUCATION UNIVERSITY GRADUATES WORKERS The Middle East North Arica (MENA) region faces no greater challenge than employment generation. An expanding literature on 'gazelles' suggests that a small percentage of fast-growing small and medium enterprises (SMEs) generate the majority of new jobs in diverse economies. This paper observes the characteristics of fast growing SMEs included in World Bank Investment Climate Assessment (ICA) enterprise surveys in the MENA region. The identified enterprises characteristics associated with high growth among SMEs include being an innovator, offering workers formal training and receiving an international quality certification. In Egypt, a panel dataset allows observation of true 'gazelles' SMEs that grew an average of 20 percent or more over more than 4 years. There, analysis links enterprise gazelle status among manufacturers to training employees, using email or having a company website, being less than 10 years old, getting a high number of inspections, experiencing fewer power interruptions, and using foreign-licensed technology (considered here a type of innovative behavior). 2012-08-13T13:23:21Z 2012-08-13T13:23:21Z 2011-09 http://documents.worldbank.org/curated/en/2011/09/15089185/sme-innovators-gazelles-mena-educate-train-certify-compete http://hdl.handle.net/10986/10867 English MENA Knowledge and Learning Quick Notes Series; No. 43 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Middle East and North Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BOARD OF DIRECTORS
COMPANY
COMPETITION POLICY
COMPETITORS
COMPUTER LITERACY
ECONOMICS
EMPLOYMENT
EMPLOYMENT GROWTH
FACTOR MARKETS
FIRMS
FOREIGN COMPANIES
FOREIGN COMPANY
HIGH EMPLOYMENT
HIGH GROWTH SME
HIGHER PRODUCTIVITY
INNOVATION
LEARNING
LITERATURE
LOAN
MANUFACTURERS
MEDIUM ENTERPRISES
PAPERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
SMALL FIRMS
SME
TELECOMMUNICATION
TELECOMMUNICATIONS
UNIVERSITY EDUCATION
UNIVERSITY GRADUATES
WORKERS
spellingShingle BOARD OF DIRECTORS
COMPANY
COMPETITION POLICY
COMPETITORS
COMPUTER LITERACY
ECONOMICS
EMPLOYMENT
EMPLOYMENT GROWTH
FACTOR MARKETS
FIRMS
FOREIGN COMPANIES
FOREIGN COMPANY
HIGH EMPLOYMENT
HIGH GROWTH SME
HIGHER PRODUCTIVITY
INNOVATION
LEARNING
LITERATURE
LOAN
MANUFACTURERS
MEDIUM ENTERPRISES
PAPERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
SMALL FIRMS
SME
TELECOMMUNICATION
TELECOMMUNICATIONS
UNIVERSITY EDUCATION
UNIVERSITY GRADUATES
WORKERS
Stone, Andrew
Badawy, Lina Tarek
SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete!
geographic_facet Middle East and North Africa
relation MENA Knowledge and Learning Quick Notes Series; No. 43
description The Middle East North Arica (MENA) region faces no greater challenge than employment generation. An expanding literature on 'gazelles' suggests that a small percentage of fast-growing small and medium enterprises (SMEs) generate the majority of new jobs in diverse economies. This paper observes the characteristics of fast growing SMEs included in World Bank Investment Climate Assessment (ICA) enterprise surveys in the MENA region. The identified enterprises characteristics associated with high growth among SMEs include being an innovator, offering workers formal training and receiving an international quality certification. In Egypt, a panel dataset allows observation of true 'gazelles' SMEs that grew an average of 20 percent or more over more than 4 years. There, analysis links enterprise gazelle status among manufacturers to training employees, using email or having a company website, being less than 10 years old, getting a high number of inspections, experiencing fewer power interruptions, and using foreign-licensed technology (considered here a type of innovative behavior).
format Publications & Research :: Brief
author Stone, Andrew
Badawy, Lina Tarek
author_facet Stone, Andrew
Badawy, Lina Tarek
author_sort Stone, Andrew
title SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete!
title_short SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete!
title_full SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete!
title_fullStr SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete!
title_full_unstemmed SME Innovators and Gazelles in MENA : Educate, Train, Certify, Compete!
title_sort sme innovators and gazelles in mena : educate, train, certify, compete!
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2011/09/15089185/sme-innovators-gazelles-mena-educate-train-certify-compete
http://hdl.handle.net/10986/10867
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