A factor analytic study of the determinants of success in manufacturing SMEs

Although there has been a sizeable amount of literature on the causes of failure as well as the determinants of success in small and medium enterprises (SMEs) in developed countries, empirical investigation into such factors in developing countries is extremely sparse. Therefore, the purpose of this study is to examine, through an empirical investigation, factors that would contribute to the success or growth of SMEs in a developing country. The data for the study were obtained from a questionnaire survey conducted on a sample of manufacturing SMEs in Sri Lanka.