2012•Unpublished venueRequires access

Is Small and Medium Enterprises (SMEs) an Entrepreneurship

Esuh Ossai-Igwe Lucky, Adebayo Isaiah Olusegun

Abstract

The inconsistent use of SME and entrepreneurship in the field of entrepreneurial business management has made the author to explore the discrepancy between SME and entrepreneurship studies. As a result, the paper distinguishes between SME and entrepreneurship by highlighting the similarities and differences between the two concepts. The paper concludes that entrepreneurship differs from SME in that entrepreneurship is a process leading to the creation of SMEs and business ventures while SME only represents firms or businesses in small and medium sizes.

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Key concepts: Entrepreneurship, Business, Small and medium-sized enterprises, Small business, Industrial organization, Process (computing), Field (mathematics), Marketing