Entrepreneurial Ecosystems Best Practices and Lessons amongst SMEs in BRICS Member Countries: A Systematic Literature Review
Journal: Journal of BRICS Studies
Year: 2025

The Small and Medium Enterprise (SME) sector is the backbone of the economy in various countries, and several challenges have hindered its growth. The sharp decline of participants in the SME sector across BRICS countries indicates the difficulties besetting the industry. This study explores the entrepreneurial ecosystems within BRICS nations, emphasizing that regulatory frameworks, policies, and legislation are pivotal factors contributing to the stagnation and decline of SMEs, especially in de