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SME Innovators and Gazelles in MENA - The World Bank

Posted By Saurabh Lall, Tuesday, September 27, 2011
Published September 2011

The Middle-East and North Africa (MENA) region faces no greater challenge than employment generation. An expanding literature on
"gazelles” suggests that a small percentage of fast-growing small and medium enterprises (SMEs) generate the majority of new jobs in
diverse economies. This paper observes the characteristics of fast growing SMEs included in World Bank Investment Climate Assessment (ICA) enterprise surveys in the MENA region. The identified enterprises characteristics associated with high growth among SMEs include being an innovator, offering workers formal training and receiving an international quality certification.

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Tags:  Gazelles  High-Growth Entrepreneurship  Job Creation  Middle-East  North Africa  sector publication 

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