Research Paper (postgraduate) from the year 2014 in the subject Leadership and Human Resources - Generation Y, Generation Z, Royal University of Bhutan (Royal Institute of Management, Thimphu), course: Post Graduate Diploma in Public Administration (PGDPA), language: English, abstract: The purpose of the study is to examine the role of MSMEs in solving unemployment problem and to find the unemployment trend. The unemployment problem is rising every year and especially youth unemployment is increasing at alarming rate. The study covers Thimphu area whereby a total of 351 samples were determined for the purpose of the study however the response rate was 82.05% with 288 responds qualifying for the analysis. Descriptive analysis was used and the findings reveal that most of the business owned by youth entrepreneurs employed more people though their initial investments were very low. The study also shows that most of the present business owners has plan of expanding their business in future which will create more jobs. From the studies, it shows that unemployment rate in Bhutan fluctuates and is mainly because of change in the supply and demand in the job markets. It also shows that despite high unemployment rate in the country, preferences for job among the youth remain same. They prefer to join civil servants followed by corporations, NGOs and self-employment or entrepreneurship as the last option. From this preferences of job and trend of high unemployment rate in the country, it can conclude that there is no refugee in the country nor can say that there is entrepreneurial effect as the entrepreneurship culture in the country is in the verge of developing, therefore entrepreneurial effect can only be tested after some years when the entrepreneurship culture in the country is fully developed.

In order to sustain their ventures in the Indian market, businesses developed an ecosystem to promote their current and future business. Over time, more and more small business owners emerged and organised their own settings to sustain business activities. Contemporary times challenge emerging economies - like India - to adopt entrepreneurship in order to boost its economy. Micro, Small and Medium Enterprises (MSMEs) are the preferred way of addressing these challenges; however, the ecosystem required to promote these MSMEs poses significant challenges and requires change to be sustainable. This book examines original case studies, quantitative studies and qualitative research highlighting the organisation of new business, reflecting a wide range of sectors across India. The book offers new insights to budding entrepreneurs to help organise new and established firms to infuse entrepreneurial intentions among the workforce.

Small and medium-sized enterprises (SMEs) and entrepreneurs have been hit hard during the COVID-19 crisis. Policy responses were quick and unprecedented, helping cushion the blow and maintain most SMEs and entrepreneurs afloat. Despite the magnitude of the shock, available data so far point to sustained start-ups creation, no wave of bankruptcies, and an impulse to innovation in most OECD countries.

This book discusses and provides empirical evidence of the importance of Micro, Small and Medium Enterprises (MSMEs) in achieving Sustainable Development Goals (SDGs) in a number of developing countries. In doing so, the book focuses on the contributions of MSMEs to national efforts, directly or indirectly, to achieve poverty reduction (Goal 1), zero hunger (Goal 2), good health and wellbeing (Goal 3), quality education (Goal 4), gender equality (Goal 5), clean water & sanitation (Goal 6), income distribution (Goal 10), and sustainable cities & communities (Goal 11). The book consists of chapters discussing evidence on these particular topics based on research from various countries including Indonesia, India, Sri Lanka, Nepal and Malaysia.

Microfinance is a broad variety of services, such as microcredit, for entrepreneurs and small businesses lacking access to banking and other financial services. As many smaller businesses and entrepreneurs may not be able to secure credit services, many microfinance promoters believe that it encourages entrepreneurial activities and inclusive growth. Microfinance and Its Impact on Entrepreneurial Development, Sustainability, and Inclusive Growth is an essential resource that empirically explores the role of microfinance in entrepreneurship development and the operational sustainability of microfinance institutions. It also highlights the impact of microfinance on entrepreneurship development in different countries and regions. Featuring coverage on a broad range of topics such as risk management, women entrepreneurship, and strategic management, this book provides essential research for entrepreneurs, business managers, policy makers, researchers in the field of finance, and business professionals seeking relevant research on microfinance systems.

Amid the COVID-19 pandemic, small businesses are especially vulnerable. This is one of the first books that explicitly examines the linkage between crisis and entrepreneurship with a specific focus on small businesses. The book adopts a holistic approach and outlines strategies that small business owners can utilize as well as business opportunities that are available in these new market conditions. It also provides a comparative analysis of the current and future market conditions to enable a better understanding of how institutional structures can facilitate or hinder growth. The book also goes on to explain why and how creativity and innovation can help to mitigate the impact of such a crisis on business and highlights why business continuity is especially crucial to family-owned businesses. This timely publication will help to guide small business owners and entrepreneurs to maintain business continuity and build up their resilience in a challenging business climate.