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Research Articles

Preparedness and relative opinions of the owners of agro-based businesses to attain institutional support to face global challenges: a case of Sri Lankan SMES

Authors:

J. M. H. M. Upulwehera,

Rajarata University of Sri Lanka, LK
About J. M. H. M.
Department of Economics
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D. Y. H. Liyanage,

Rajarata University of Sri Lanka, LK
About D. Y. H.
Department of Economics
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K. B. T. U. K. Bandara,

Rajarata University of Sri Lanka, LK
About K. B. T. U. K.
Department of Economics
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J. M. G. Lalani,

Rajarata University of Sri Lanka, LK
About J. M. G.
Department of Economics
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S. K. N. Gamage,

Rajarata University of Sri Lanka, LK
About S. K. N.
Department of Economics
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P. S. K. Rajapakshe,

Rajarata University of Sri Lanka, LK
About P. S. K.
Department of Environmental Management
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J. M. S. B. Jayasundara,

Rajarata University of Sri Lanka, LK
About J. M. S. B.
Department of Environmental Management
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E. M. S. Ekanayake,

Rajarata University of Sri Lanka, LK
About E. M. S.
Department of Social Sciences
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R. P. I. R. Prasanna

Rajarata University of Sri Lanka, LK
About R. P. I. R.
Department of Economics
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Abstract

This study is geared to address the apparent lack of scholarly work on the relative opinion of SME owners in the agribusiness sector on institutional support towards SMEs in facing global challenges, using a case study-based, qualitative method. A set of key informant interviews was held with 10 SME owners representing several agribusiness industries using the purposive sampling method. The data were analysed by a thematic analysis and identified three key global challenges of SMEs: global market competition, global financial crisis, and challenges from Multinational Companies (MNCs)/ Transnational Companies (TNCs)/ large-scale companies. The findings emphasized the association between SMEs’ global challenges and the generality of numerous SME and institutional defects.
How to Cite: Upulwehera, J.M.H.M., Liyanage, D.Y.H., Bandara, K.B.T.U.K., Lalani, J.M.G., Gamage, S.K.N., Rajapakshe, P.S.K., Jayasundara, J.M.S.B., Ekanayake, E.M.S. and Prasanna, R.P.I.R., 2022. Preparedness and relative opinions of the owners of agro-based businesses to attain institutional support to face global challenges: a case of Sri Lankan SMES. Sri Lanka Journal of Economic Research, 9(2), pp.43–67. DOI: http://doi.org/10.4038/sljer.v9i2.162
Published on 25 Mar 2022.
Peer Reviewed

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