Small businesses suffer from resource gap, says Donald Harris

The small business sector in Jamaica, which has the potential to spur economic growth, is the victim of a significant resource gap, both financially and in expertise, according to Stanford University Economics Professor Donald Harris.

He said that to get the sector moving, some important reforms must take place.

Noting that Jamaicans have a high entrepreneurial spirit, Professor Harris said the small business sector is lacking in adequate financial resources, as well as certain basic infrastructure such as water, proper roads and electricity.

“The small business sector should be the main source of investment and innovation, but the sector suffers from adequate financial input,” he said.

https://jamaica-gleaner.com/article/news/20220114/small-businesses-suffer-resource-gap-says-donald-harris