• NAME OF RESEARCH

    The Role of SME Sector in Georgian Economy

  • NAME OF AUTHOR

    Tatiana PAPIASHVILI, İlyas ÇILOĞLU

  • CATEGORY

    Entrepreneurship & SME

  • YEAR

    2012-03-27

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he purpose of the paper is to investigate the economic role of Small and Medium Enterprises (SMEs) in Georgian economy to de ne the perspective of their development. This issue has a special meaning for transitional countries, which are developing their growth policy. To see the picture Georgia’s short statistical review has been done as well as survey was carried out.

The main result of the investigation is that, despite SMEs make a considerable number of business enterprises in Georgia, they have occupied insigni cant segment of Georgian economy according to their contribution into the main macroeconomic indicators - turnover, output, value added, national income, etc. Even a share of number of employed in this sector is less than that in European countries.