Entrepreneurship and its impact on the productivity of small and medium enterprises (SME)

With today’s increasing competitive environment and due to the available economic, social, cultural and political environment, the frequency of concerns for serious organizational changes has seen. So that in the present century, entrepreneurship was created with the aim of increasing the economic growth and being the modification or evolution of the production pattern. Entrepreneurs have the ability to see the gap in the market and use the available opportunity to promote the organizations and increase the efficiency. Organizations that are turning to entrepreneurship show a better react to market changes and environment and can revolutionize the lifecycle of their business. The main mission of managers is achieving greater efficiency and quality improvement. SMEs because of the speed of flexibility with changing conditions are the best haven for entrepreneurial activities. In this paper, the aim is investigating the role of entrepreneurship in society and its impact on the productivity of small and medium enterprises (SMEs) and necessity of entrepreneurship, development factors of entrepreneurship and its role in small and medium enterprises are checked.

Keywords: entrepreneurship, productivity, small and medium enterprises (SMEs)