CHAPTER V : SUMMARY,
CONCLUSION AND RECOMMENDATIONS
5.1. Summary
The aim of this chapter is to present a summary of the study,
general conclusion and recommendations for improvement and areas for further
research. The general objective was to assess the contribution of small and
medium enterprises to the economic development of Rwanda.
Findings on the contribution of Huye water Enterprise as one
of medium enterprise in economic development have been based on some of
objectives presented in the earlier chapter and on the conceptual framework
about role of small and medium enterprises in economic development of Rwanda.
Views from other authors have been cited to provide a strong background for
studying the effectiveness of small and medium enterprises on economic
development of Rwanda and the case study of Huye water Enterprise was
appropriate.
In the first
chapter, the researcher tried to indicate the
background of this study, the problem statement where the researcher tried to
show how SMEs have not performed well in the economic development of Rwanda in
reducing the Rwandan's trade imbalance and generate off farm employment; at
this level objectives of this study are stated as well as its hypothesis.
In the second chapter, the review of
what other researcher have so far done in this area of the assessment on the
contribution of small and medium enterprises to the economic development has
been given. Different views on SMEs have been advanced and discussed to provide
theories upon which hypothesis are tested,
In the third chapter, the
methodology aspects adopted by the researcher in carrying out this research is
defined. Study variable were determined, sampling techniques used were also
discussed; data collection also was defined for this research to collect both
primary and secondary data. Primary data were collected using interview, survey
as quantitative oriented research; secondary data were collected using
extensive study and review of published and unpublished documents, reports of
10 years period 2003 - 2013.
In chapter four, the study design
stated above demanded this research to cover historical records, currently
published materials and information obtaining from interviews and observation.
Therefore, it would be very helpful for the research to use an econometrics
views (e-view) to do the analyzing job on econometrical records.
Moreover, since part of information will be in the form of
description such as laws, regulations, policies and information obtaining from
interview, other analyzing methods other than computer will be utilized.
Finally, the findings enabled the researcher to test the
hypothesis. Basing on the findings the researcher confirms all hypotheses
stated
5.2.
Conclusion
The assessment of the contribution of small and medium
enterprises to the economic development of Rwanda revealed that there was
consensus among researchers and policy makers that SMEs play a pivotal role in
economic development through the creation of employment opportunities,
generating higher levels of production, increasing levels of exports and
promoting innovation and entrepreneurial skills.
Despite their importance, SMEs face considerable challenges
that inhibit their growth, which includes limited access to finance. The
purpose of this study was to assess, through a research on the contribution of
SMEs to the economic development of Rwanda, basing on Huye water enterprise.
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