International Journal on Science and Technology

E-ISSN: 2229-7677     Impact Factor: 9.88

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 17 Issue 2 April-June 2026 Submit your research before last 3 days of June to publish your research paper in the issue of April-June.

Strength in Collaboration: The Effectiveness of Consortiums and Collectives in Enhancing the Performance of Micro Enterprises

Author(s) Indu R Kurup, Dr. Ezreth P
Country India
Abstract Micro enterprises are considered as the key factor in economic development as they create employment, promote entrepreneurship and help to boost local economies. However, the micro enterprises do have several problems like accessing finance, markets, technology, power of negotiation and management skills. Some micro enterprises are more likely to join consortiums and collectives, which are collaborative arrangements that allow businesses to share resources, skills, and knowledge, and collaborate to achieve shared goals, as a way to address these challenges. Theoretical article is about the effectiveness of consortiums and collectives in the improvement of performance of micro enterprises. The article discusses the benefits of collaborative structures in terms of improving operational efficiency, market competitiveness, innovation, financial accessibility and sustainability, adopting a perspective on social capital, collective action, the resource-based view and network theory. The study points to the mechanisms by which the consortiums and collectives can help the growth of enterprises and also talks about the challenge of collective governance and coordination. Consortiums and collectives are described as a strategic avenue for enhancing the ability of micro enterprises to resist and compete, especially in developing countries where resource constraints are commonplace, and it is concluded that they are key to doing this.
Field Business Administration
Published In Volume 17, Issue 2, April-June 2026
Published On 2026-06-09

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