The basic objectives underlying the development of small and medium scale industries are the increase in the supply of manufactured goods, the promotion of capital formation, the development of indigenous entrepreneurial talents and skills and the creation of employment opportunities. In addition, they include such socio-economic goals as the decentralization and dispersal of manufacturing activities from the metropolitan to the non-metropolitan and rural area, the reduction of regional economic imbalances within a country and the diffusion of entrepreneurial and management abilities and skills as well as of technology throughout a country. |