Abstract
Although small and medium enterprises are important in the production and employment, these firms have structural limitation in terms of human and material resources. These limitations are highlighted after implementation of targeted subsidies in Iran, release prices of energy carriers, and simultaneity of political and economic situation. The main challenge in the current path of sustainable development is addressed to all sectors of society such as engineering and production. Manufactured products must consider the impact of three aspects of sustainability over their life cycle. The three aspects of sustainability as an integral part of sustainability issues are economic, environmental, and social factors. Therefore, in this study, for achieve sustainable economic development in Iran, consider only economic aspect. Because, it will greatly benefit from the transfer of advanced production technologies in industry through international agreements such as the clean development mechanism (CDM). However, the highly competitive environment is critical because of more cost-effective projects, which is why Iran needs to strike a balance between sustainable development and profitability for projects. In this study, identifying and ranking of major challenges of leading small and medium industries have been studied. It also uses the failures mode and effect analysis (FMEA) technique and survey experts and managers of small and medium industries in the province recognized and decision model using several branches. VIKOR was ranked as the most important challenge. The results show that exchange rate volatility has been the highest priority, so the first challenge has been identified. Similarly, the political boycott and the rise in the cost of production and cost of product manufacturing enterprises were identified as the next challenges.
Highlights
Small and medium enterprises are considered as major factors in the growth of the industrial structure of the country, and they are very important in a lot of developing countries’ industries that sought to revive their economic structure. ese countries have understood that in order to speed up the process of industrialization, priority should be given to the development of small and medium industries and not big industries
This study aims to identify the main challenges that concerns recognizing challenges of subsidy for small and medium-sized manufacturing enterprises in relation to the development of their activity. e article focuses on subsidy and economic firms and 30 important challenges and their priorities that firm encounter
Increased stress on environmental pollution, resource consumption, and public health resulting from the rapid growth of kitchen waste (KW) necessitated a disposal way of recycling and reuse. erefore, Shi et al [17], in their study, considered three disposal lines to convert KW into clean and renewable energy products, during which a Stackelberg equilibrium-based model is developed to achieve a balance between cost savings, carbon emissions reduction, and profit making by considering the interests of the local government and KW disposal plants
Summary
Small and medium enterprises are considered as major factors in the growth of the industrial structure of the country, and they are very important in a lot of developing countries’ industries that sought to revive their economic structure. ese countries have understood that in order to speed up the process of industrialization, priority should be given to the development of small and medium industries and not big industries. Ese countries have understood that in order to speed up the process of industrialization, priority should be given to the development of small and medium industries and not big industries. For this reason, we have an unprecedented enthusiasm of the small industries in many different countries [1]. E most important advantages that make economic policies to focus on small and medium industries are as follows: first, training of capable managers. This study aims to identify the main challenges that concerns recognizing challenges of subsidy for small and medium-sized manufacturing enterprises in relation to the development of their activity.
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
