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Dynamic Skills for Achieving Profitability and Long-term Sustainability of Start-up MSMEs Cover

Dynamic Skills for Achieving Profitability and Long-term Sustainability of Start-up MSMEs

Open Access
|Mar 2025

Figures & Tables

Figure 1.

Review process for survey literature
Source: adapted from Ali et al. (2018)
Review process for survey literature Source: adapted from Ali et al. (2018)

Figure 2.

Year-wise analysis of journal articles
Source: own processing
Year-wise analysis of journal articles Source: own processing

Figure 3.

Country-wise analysis of journal articles
Source: own processing
Country-wise analysis of journal articles Source: own processing

Figure 4.

Sector-wise analysis of operating MSMEs
Source: own processing
Sector-wise analysis of operating MSMEs Source: own processing

Dynamic skills for profitability and long-term sustainability of MSMEs

Key skillsIndicatorsReferences
Sales and marketing skillsExpertise in:
  • (1)

    identifying market needs

  • (2)

    market research and analysis

  • (3)

    promoting products or services

  • (4)

    branding and positioning

  • (5)

    sales strategy and customer acquisition

  • (6)

    managing customer relationship

Adewole (2018); Guedes et al. (2023); Kawira et al (2019)
Customer service skillsThe capability to:
  • (1)

    provide excellent service

  • (2)

    build strong customer relationships

  • (3)

    handle customer feedback and complaints effectively

  • (4)

    communicate effectively and provide support to customers

Mwaanga (2014); Pholphirul et al. (2022); Sheth et al. (2020)
Networking and collaborative relationshipsThe ability to:
  • (1)

    leverage relationships with key players in the industry

  • (2)

    build connections and maintain relationships with key players in the industry

  • (3)

    exchange information and resources with key players in the industry

Kenny and Fahy (2011), Lim (2017), Wang et al. (2014)
Negotiation skillsThe ability to:
  • (1)

    negotiate favourable terms with suppliers, customers and investors

  • (2)

    resolve conflicts and reach compromises

  • (3)

    build and maintain business relationship

Fernandez-Malpartida and Dextre-Beteta (2023).
Financial management skillsProficiency in:
  • (1)

    budgeting and financial planning

  • (2)

    cash flow management

  • (3)

    investment analysis and financial forecasting

Legaspi (2012); Susan (2020); Talip and Wasiuzzaman (2024)
Cross-cultural communication skillsThe ability to:
  • (1)

    understand and appreciate differences and similarities between cultures

  • (2)

    be attuned to non-verbal communication

  • (3)

    adapt communication styles and approaches across different cultures

Abugre (2018); Harvie (2019); Odhiambo (2013)
Leadership and problem-solving skillsThe ability to:
  • (1)

    guides and motivates teams

  • (2)

    make rational decision and solve problems

  • (3)

    the ability to think critically and analyse effectively

  • (4)

    provide visionary and inspirational leadership

  • (5)

    maintain adaptability and resilience

Lathabhavan and Kuppusamy (2023); Malewar and Nair (2014); Razzaque et al. (2024)
Digital fluencyProficiency in:
  • (1)

    using digital tools, platforms, and technologies

  • (2)

    online marketing and e-commerce

  • (3)

    data analysis and digital analytics

Lathabhavan and Kuppusamy (2023); Zamora (2010)
Entrepreneurial skillsThe ability to:
  • (1)

    innovate

  • (2)

    take calculated risks

  • (3)

    effectively identify and seize opportunities

  • (4)

    challenge competitors and pursue market share

  • (5)

    make strategic decisions and take actions

Al-Mamun et al. (2019); Das (2015); Nehete et al. (2011); Panigrahi (2016)

Prominent skills for MSMEs' profitability and sustainability

Relevant skillsFrequency
Sales, marketing and customer service skills5
Networking and collaborative relationships4
Negotiation skills5
Financial management skills8
Cross-cultural communication skills4
Leadership and problem-solving skills5
Digital fluency6
Entrepreneurial skills9

Distribution of reviewed articles by journal

Journal nameFrequency
International Journal of Commerce and Management2
Critical Perspectives on International Business3
Journal of Small Business and Enterprise Development,4
Management & Sustainability: An Arab Review2
Benchmarking: An International Journal4
Management Research Review2
Journal of Scientometric Research3
European Journal of Marketing2
World Journal of Entrepreneurship, Management and Sustainable Development4
Journal of Business & Industrial Marketing3
E-Journal of Humanities, Arts and Social Sciences3
Asia Pacific Journal of Marketing and Logistics4
IIM Ranchi Journal of Management Studies1
Continuity & Resilience Review3
Journal of technology management & innovation,3
Aslib Journal of Information Management2
Journal of Innovation and Knowledge1

Parameters for inclusion and exclusion criteria

No.ParametersInclusion criteriaExclusion criteria
1FocusArticles that focus on skills relevant to MSMEs, their profitability and sustainabilityStudies that do not focus on dynamic skills or are unrelated to MSMEs, profitability, and sustainability
2PeriodArticles must have been published between the year 2010 and 2023Articles published before 2010 or after 2023
3Types of articlesPeer-reviewed journal articles, conference papers, review articles, book chapters, reports, and policy briefsNon-peer-reviewed articles, opinion pieces, editorials, or non-academic publications.
4LanguageArticles must be available in EnglishArticles not published in English.
DOI: https://doi.org/10.2478/mdke-2025-0006 | Journal eISSN: 2392-8042 | Journal ISSN: 2286-2668
Language: English
Page range: 85 - 104
Submitted on: Jan 31, 2025
Accepted on: Mar 19, 2025
Published on: Mar 25, 2025
Published by: Scoala Nationala de Studii Politice si Administrative
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2025 Baraka ISRAEL, Veneranda RUTAINURWA, published by Scoala Nationala de Studii Politice si Administrative
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.