The Study of Self-employment at SMEs Level with Reference to Poverty in Developing Countries

Abstract

This study endeavors to answer the research question; how self-employment at Small and Medium Enterprises (SMEs) level is related to poverty in the developing countries. During these efforts, we used the narrative literature review, methodology, to study related research stream in this domain to develop a better understanding of the phenomenon. Moreover, in the process Peter Ducker and Noel’s theory of entrepreneurship and Israel Kirzner’s theory of entrepreneurship reviewed to develop theoretical foundations of our research. In this research, we come to the observation that self-employment at SMEs level, somehow helps in fighting poverty in the developing countries. In addition, interestingly Information and Communication Technology (ICT) role has been significant in the developing countries from the context of gig economy, where the firms might not be found in yellow pages, but yet they are part of the economic system against poverty (Subrahmany, 2005).