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Is Small and Medium Enterprises (SMEs) an Entrepreneurship?

Author(s): Esuh Ossai-Igwe Lucky | Adebayo Isaiah Olusegun

Journal: International Journal of Academic Research in Business and Social Sciences
ISSN 2222-6990

Volume: 02;
Issue: 01;
Start page: 487;
Date: 2012;
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Keywords: Research | entrepreneurial development | SMEs | Synonymous

The inconsistent use of SMEs and entrepreneurship in the field of entrepreneurial business management has made the authors to explore the discrepancy between SMEs and entrepreneurship studies. As a result, the paper distinguishes between SMEs and entrepreneurship by highlighting the similarities and differences between the two concepts. The paper concludes that entrepreneurship differs from SMEs in that entrepreneurship is a process leading to the creation of SMEs and business ventures while SMEs only represent firms or businesses in small and medium sizes.
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