Assessing the Influence of Technical Skills on the Growth of Small, Medium, and Micro Enterprises in Masvingo City, Zimbabwe
DOI:
https://doi.org/10.51137/wrp.ijarbm.2024.pjat.45631Abstract
This study examines the role of technical skills in driving the growth and sustainability of Small, Medium, and Micro Enterprises (SMMEs) in Masvingo Province, Zimbabwe. Technical skills are recognized as cru-cial for enhancing business performance, fostering competitive ad-vantage, and supporting long-term development. Using a quantitative approach, the research surveyed **233 participants** across diverse sectors within the SMME landscape in the region. The findings reveal a polarized perspective: 50.21% of participants agree that technical skills significantly contribute to business growth, while 49.79% disagree, suggesting varied experiences and perceptions among stakeholders. This study underscores the importance of targeted skill development as a strategic priority to bolster the resilience and success of SMMEs. It provides actionable recommendations for policymakers, business owners, and educators to address this critical gap by investing in tech-nical skills training, aligning educational programs with market de-mands, and fostering a supportive ecosystem for enterprise develop-ment. By prioritizing technical skills, stakeholders can enhance the ca-pacity of SMMEs to navigate challenges, seize growth opportunities, and contribute to the broader economic development of Zimbabwe.Downloads
Published
2024-12-12
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Original Research Paper
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Copyright (c) 2024 International Journal of Applied Research in Business and Management

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How to Cite
Jongwe, P. ., Seeletse, S. M. ., & Ladzani, M. W. . (2024). Assessing the Influence of Technical Skills on the Growth of Small, Medium, and Micro Enterprises in Masvingo City, Zimbabwe. International Journal of Applied Research in Business and Management, 5(2). https://doi.org/10.51137/wrp.ijarbm.2024.pjat.45631