Manufacturing Small and Medium Enterprises in Yemen: A Theoretical Background

Abstract

Small and Medium Enterprises (SMEs) are a significant player in the growth, development and resurgence of economies whether in developed economies, emerging economies, and lower income economies. The contribution of manufacturing SMEs is more significant in lower income economies due to their role in employment, income generation and enhancing the GDP level of the country. This article adopts a qualitative descriptive research approach to explore the sector of small and medium enterprises in Yemen as a lower income economy. The article relies on secondary data publicly available about the manufacturing SMEs sector in order to gain a sufficient insight into the manufacturing SME sector in Yemen.