Factors Affecting the Growth of Small and Medium Sized Enterprises in Uzbekistan

Abstract

Small and medium sized enterprises play important role in the development of all countries: both developed and developing. This kind of enterprises are flexible than large enterprises. They are better able to use the opportunities created by the environment. However, small and medium sized enterprises face many challenges in the course of their activity. The purpose of this research is to identify the opportunities created and existing challenges in the development of SMEs in Uzbekistan in recent years. Factors such as poor infrastructure, lack of education, corruption, tight regulations, a lack of finance and etc. were measured.