Sustainability in Indian MSMEs: Literature review and practical implications
By: Mitra, Subrata
.
Material type: 
BookPublisher: Productivity Description: 64(3), Oct-Dec, 2023: p.321-335.Subject(s): MSMEs, Sustainability, Sustainable development, Climate change, Social inequity
In:
ProductivitySummary: Sustainability or sustainable development has become an important issue in the context of climate change and growing social inequity. While large companies are held responsible for their environmental and social obligations, the collective responsibility of small companies, called Micro, Small and Medium Enterprises or MSMEs, cannot be ignored. MSMEs are an important part of a country’s economy, required generating employment and contributing to the national income, however they also have a significant carbon footprint, and being located mostly in rural and remote areas, have important social obligations to fulfil. This paper presents a review of literature on sustainability in Indian MSMEs. Based on the literature review, the paper identifies the barriers to and drivers of the implementation of sustainable practices in MSMEs. Survey results on the effects of implementing sustainable practices on firms’ economic, environmental and social performance are also reviewed. Based on the summary of the literature review, the paper draws important managerial insights and practical implications for owners/managers of MSMEs, governments/regulatory bodies and industry associations/chambers of commerce in order to ease and facilitate the implementation of sustainable practices. The paper concludes with some directions for future research on sustainability in MSMEs. – Reproduced
https://www.printspublications.com/journal/productivity--a-quarterly-journal-of-the-national-productivity-council
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Indian Institute of Public Administration | 64(3), Oct-Dec, 2023: p.321-335 | Available | AR130975 |
Sustainability or sustainable development has become an important issue in the context of climate change and growing social inequity. While large companies are held responsible for their environmental and social obligations, the collective responsibility of small companies, called Micro, Small and Medium Enterprises or MSMEs, cannot be ignored. MSMEs are an important part of a country’s economy, required generating employment and contributing to the national income, however they also have a significant carbon footprint, and being located mostly in rural and remote areas, have important social obligations to fulfil. This paper presents a review of literature on sustainability in Indian MSMEs. Based on the literature review, the paper identifies the barriers to and drivers of the implementation of sustainable practices in MSMEs. Survey results on the effects of implementing sustainable practices on firms’ economic, environmental and social performance are also reviewed. Based on the summary of the literature review, the paper draws important managerial insights and practical implications for owners/managers of MSMEs, governments/regulatory bodies and industry associations/chambers of commerce in order to ease and facilitate the implementation of sustainable practices. The paper concludes with some directions for future research on sustainability in MSMEs. – Reproduced
https://www.printspublications.com/journal/productivity--a-quarterly-journal-of-the-national-productivity-council
There are no comments for this item.