Sustainable development in SMEs

Abstract: Nowadays, corporate responsibility is not only an issue for large international corporations but also for small- medium sized enterprise (SMEs) with limited resources and less market power. However sustainable development is not a compulsory lesson for SMEs to take, but it is one of the market approaches for a company to thrive and survive. As Donckels represented (1997) that entrepreneurship of SMEs do all their strength to be on its way to the next millennium. The purpose of this thesis is to describe and understand how sustainable business approaches can influence and enhance SMEs development despite of their barriers and limitations which are associated with their day to day management. For that reason, researchers are aiming to analyze closely and get pragmatic insight into the three dimensions of sustainable development (social, environmental, economic) and how the interaction among these three dimensions will benefit SMEs as a whole.