Entrepreneurship Policies and New Business Performance and Growth: An Empirical Analysis Based on Manufacturing Industries

2009 ◽  
Vol 27 (2) ◽  
pp. 195-215 ◽  
Author(s):  
José A Belso Martínez

Entrepreneurship policy is an emerging area among economic policy developments that is currently not well developed. Policy makers are seeking to increase countries' and regions' entrepreneurial vitality in recognition of the growing evidence that a high level of entrepreneurial activity contributes to economic growth and development. I report the results of a cross-sectional empirical analysis that was conducted to test the contribution of different types of entrepreneurship development programs to new business performance and growth. A sample of seventy-two Spanish footwear entrepreneurs were contacted and surveyed during 2000. Major findings suggest that some of the analyzed public policies significantly favor new business profitability and growth. These results should be taken with care because of the sample size, the profile of the economic sector analyzed, and the restricted geographical location of the new businesses considered in this research.

Author(s):  
Olayinka Stephen Ilesanmi ◽  
Priscilla Onaopemipo Akosile ◽  
Aanuoluwapo Adeyimika Afolabi ◽  
Victor Okoliko Ukwenya

Abstract Background This study aimed to assess the level of trust in the COVID-19 risk communication efforts in Nigeria. Methods We conducted a descriptive cross-sectional study among community members aged 15 years and above in Ondo state in October, 2020. Data were collected using an interviewer-administered questionnaire. Data were analyzed using SPSS version 22. Descriptive statistics were summarized using frequencies. Trust was ranked from “1” implying “Low level of trust” to “7” denoting “High level of trust”. We conducted bivariate Chi-square test on respondents’ level of trust in the Nigeria Centre for Disease Control (NCDC) and socio-demographic characteristics. The level of significance was set at p<0.05. Results Among the 691 respondents, 244 (35.3%) were aged 21 to 29 years, and 304 (51.4%) used the NCDC to obtain COVID-19 knowledge. Overall, 205 (41.8%) had high level of trust in the NCDC. Furthermore, 51 (51.5%) individuals aged 30-39 years had high level of trust in the NCDC (ᵡ2=17.455, p= 0.001). Also, 114 (48.5%) persons who lived with children below 18 years had high level of trust in the NCDC (ᵡ2= 8.266, p= 0.004). Conclusion Policy makers should prioritize the involvement of young and educated persons in COVID-19 risk communication strategies.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pattanapong Tiwasing ◽  
Sukanlaya Sawang

PurposeLocal Chambers of Commerce networks provide small- and medium-sized enterprises (SMEs) with an opportunity to access essential information and networking with other businesses, resulting in improved business performance. However, rural SMEs are less likely to participate in these networks and often possess lower performance. This paper aims to examine the relationship between being members of local Chambers of Commerce networks and rural SMEs’ performance by comparing business performance between rural SMEs who are members and non-members of local Chambers of Commerce networks. This paper also further explores difference in business growth plans between rural SMEs members and non-members.Design/methodology/approachThe empirical analysis draws on cross-sectional data of 3,769 rural SMEs in England and Wales from the UK's Government Longitudinal Small Business Survey 2015. Propensity score matching (PSM) is applied to control for selection bias and variations in business characteristics before comparing business performance, measured in terms of annual turnover, sale growth and profitability, between rural SMEs that are members and non-members of local Chambers of Commerce networks.FindingsOur results show that rural SME members of local Chambers of Commerce networks are more likely to grow their sales than non-members. However, they perform as good as non-members in terms of turnover and profitability. The results also emphasise that local Chambers of Commerce networks are crucial for rural SMEs to develop the skills of the workforce and leadership capability of managers, new product/service development and new working practices. Therefore, to enhance rural SMEs' performance, tailoring the services of local Chambers of Commerce to support rural businesses' needs and encouraging rural SMEs to make use of business networks are recommended.Practical implicationsThe paper unpacks the relationships between being local Chamber of Commerce membership and business performance, offering lessons for rural SMEs to boost their business performance and growth through participating in local business association networks.Originality/valueThis paper is the first study that explores the comparative analysis of business performance and growth plans between rural SMEs that are members and non-members of the local Chamber of Commerce networks. We provide an empirical evidence-based analysis to existing literature regarding the advantages of being local Chamber of Commerce memberships to enhance business performance in rural areas.


2020 ◽  
Vol 9 (3) ◽  
pp. 153-156
Author(s):  
Nosheen Ashraf ◽  
Sana Habib Abbasi ◽  
Fariha Munir ◽  
Amna Ali ◽  
M. Akram Qamar ◽  
...  

Background: Chikungunya is a vector-borne disease that is spread by the mosquito Aedes aegypti and Aedes albopictus. Disease mostly occurs in Africa, Asia and the Indian subcontinent. Recent outbreak of chikungunya was reported in 2017 in Karachi, Pakistan, after which sporadic cases were reported from different areas of Pakistan. There are very limited demographic data available for chikungunya in Pakistan and therefore, further information is required. The current study will provide latest information to assist public health professionals and policy makers in order to provide effective management of cases by means of appropriate resource. Methods: In this cross sectional study, information regarding 750 laboratory confirmed cases from Dec 2016 to Apr 2018 were collected from the virology laboratory, NIH. Data regarding age, sex, reporting facility, district and province were collected. Data entry and cleaning was done in Microsoft excel and descriptive analysis using epiInfo. The data were grouped, tabulated and represented graphically while geographical location of the cases was mapped. Results: A total of 403(53.73%) cases were male and 347 (46.27%) female with an age range from 0.6 to 80 years and the mean age was (32.5+- 17.5). The most affected age group was 20 to 29 Years. Sindh remained the most affected province with 494 (65.87%) cases reported followed by KP with 167 (22.27%) cases. The highest number of cases [148(19.7%)] were reported in May 2017. Conclusion: Provision and sharing of accurate and timely data can reduce the risk and spread of the disease.


2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
S Castelo-Branco ◽  
R P Santos ◽  
B R Santos ◽  
D D Pinnock ◽  
H P Silva

Abstract Background In the Amazon there are several quilombola communities, remnants of the enslaved peoples of African descendant. In Pará/Brazil (Eastern Amazonia) there are over 300 quilombola communities established in rural areas. The aim of this study is to investigate the living conditions and morbidity of individuals aged 18+ years who live in a quilombola community in the city of Ananindeua/Pará. Methods A cross-sectional study was done with 132 individuals (71.3% of the population). A household survey and a questionnaire evaluating socioeconomic, life habits and self-reported morbidity were conducted. Results Among the participants 90.2% belonged to the D/E economic class, 60.6% were women, the median age was 39.5 years (p = 0.343) and the per capita income was U$41.50/month with no difference between sexes (p = 0.266). 97.0% of the participants self-declared black or brown. Women had more education than men (7x5 years, p = 0.019). Most worked with agriculture and fishing (55.5%). 53.8% of men rated their health status as good while 41.0% of women rated their health as good (p = 0.002). 55.3% had never smoked cigarettes, 25.8% were ex-smokers, and 25.8% were smokers. More men (78.8%) used alcohol regularly than women (43.8%) (p = 0.000), among the users 32.5% reported weekly or daily use. The frequency of self-reported morbidity was as follows: Asthma 21.7%, Hypertension 10.6%, Diabetes 6.8%, Chronic infectious diseases 5.6%, Kidney disease 3.9%, Stroke 3.3%, Angina 3.1%, Liver disease 2.3%, Chronic heart failure 1.5%, with no difference between the sexes. Only 4.0% used medication for diabetes, and 7.6% for hypertension. Conclusions The study shows the social vulnerability of this quilombola community, which is similar to others in the region. The rural afro-derived Amazonian populations need to be empowered to help inform policy makers about their main health issues and healthcare needs. Key messages There are few studies about health of quilombola communities. This research shows the need for further investigations to produce sensible information and promote the empowerment of these populations. This study shows a high level of vulnerability of this community, similar to others in rural Amazon. Information about their health needs is fundamental to promotion of public policies in the region.


Author(s):  
Ondřej Dvouletý

Investigation of the relationship between unemployment and entrepreneurship still does not provide conclusive results and scholars argue that the relationship needs to be further investigated. In the Czech context, the knowledge about entrepreneurship is still underdeveloped. The purpose of this paper is to investigate the dynamics of the relationship between unemployment and entrepreneurship, applying the methodology used by Koellinger and Thurik (2012) with usage of the quarterly data for the Czech NUTS 3 regions for the period of years 2003 – 2014. Collected sample of 672 region‑quarter observations was obtained from the Czech Statistical Office. Estimated panel vector autoregressive (VAR) models with impulse response function supported hypothesis assuming a positive relationship between unemployment and entrepreneurship, operationalized as annual growth in registered business activity. Obtained results also showed that after the shock in unemployment, dynamics of entrepreneurship increased above its initial level after two years, concluding that it may take up to two years before positive effects on entrepreneurship reveal. This finding provides value for entrepreneurship policy makers. Based on the obtained results author suggests to support entrepreneurial activity, especially during the times of higher unemployment rate.


Author(s):  
Angela Roman ◽  
Valentina-Diana Rusu

Our paper aims to investigate how the changes in macroeconomic conditions and the quality of insti-tutions affect the level of entrepreneurial activity in 18 European Union countries, over the period 2002–2016. Using panel-data estimation techniques, we alternatively analyzed the effects of some macroeconomic and institutional framework related factors (in particular, the quality of institutions) on entrepreneurial activity level, proxied by the total early-stage entrepreneurial activity rate, nascent entrepreneurship rate, and new business ownership rate. The results of our empirical analysis show that the economic situation of EU countries and the quality of institutions (reflected in our study through competitiveness, economic freedom, and governance quality) have a significant effect on early-stage entrepreneurs and for some variables the sign of the relationship depends on the age of the business. Our findings may be of interest to policy makers in developing effective policies contributing to enhancing the entrepreneurial capacity in different countries.


2014 ◽  
Vol 1 (2) ◽  
pp. 74-85 ◽  
Author(s):  
Ramesh Neupane

Purpose:The main purpose of this research is to examine the relationship between customer satisfaction and business performance on a case of Lloyds Bank UK. Moreover, it also evaluates the customer satisfaction level and examines the business performance of Lloyds Bank through examining various factors of business performance. Design/Methodology: The necessary data were collected through structured questionnaires from five branches of Lloyds Bank. The sample of 250 customers and 80 management level employees are used in this research. The collected data were analysed through correlation and regression analysis, mean and standard deviation through SPSS 20. Main Findings: The mean score of every variable is more than 3 out of 5 and mean score of overall customer satisfaction is 3.89 (77.8% satisfaction) indicates that there is high level of customer satisfaction in Lloyds Bank. Similarly, mean score of overall business performance is 3.73 (75%) shows a high level of business performance. The Pearson’s coefficient of correlation between overall customer satisfaction and business performance is r = 0.343 indicated that they are positively correlated. But, regression analysis shows that customer satisfaction has not significant effect on business performance as P = 0.139 and β = 0.343. Thus, it shows that customer satisfaction has week positive relationship with business performance.Value: This research refines and reinforces the body of knowledge and understanding regarding to customer satisfaction and organisational performance analysis. These findings may be useful to the organisation for future planning to enhance customer satisfaction to increase business performance. The instruments may have practical implications for examining customer satisfaction and business performance in any business organisations.Limitations: This research was conducted through cross sectional approach and limited sample of 250 customers and 80 employees from 16 branches in the main cities of the UK. So, the findings are limited to a bank in the main cities.DOI: http://dx.doi.org/10.3126/ijssm.v1i2.10019 Int. J. Soc. Sci. Manage. Vol-1, issue-2: 74-85


2016 ◽  
Vol 11 (1) ◽  
pp. 108-130 ◽  
Author(s):  
Stefano Bresciani ◽  
Alberto Ferraris

Purpose – The purpose of this paper is to investigate the relationship between the degree of subsidiary’s external and internal embeddedness and the contribution on subsidiary’s business performance of a received innovation. In particular it focusses on dual embeddedness of the subsidiary that receives an innovation from the rest of the MNC’s network. Design/methodology/approach – Using Amadeus databases were selected 93 CEE subsidiaries located in six countries. Data were collected through a standardized questionnaire and three hypothesis were tested through an OLS regression model. Findings – The results indicate that the two types of embeddedness positively affect the received innovation’s contribution on business performance. Moreover, the inclusion of the interaction term shows how a simultaneously high level of embeddedness in both external and internal business networks lead to a multiplicative and positive effect on subsidiary’s business performance. This means that external and internal embeddedness are not mutually exclusive suggesting, at the same time, the presence of interdependencies between the two networks that leads the “dual embedded” subsidiary to better received innovation performance. Research limitations/implications – The results are limited due to the sample characteristics and the conceptual focus of network theory. Regarding the first point, the results are derived from MNC coming from developed European countries that are geographically proximate. Regarding the second point, this approach neglects the limitations of networks. Practical implications – These results, therefore, propose to management the need to force the subsidiary toward a dual embeddedness in order to achieve better performance when an innovation has been received. Social implications – This study puts in evidence how Eastern European policy makers should increase the knowledge sharing and accumulation in the local clusters between all the stakeholders with the aim at increasing the “appeal” of this area. Originality/value – The specific contest in which the embedddedness component is analyzed is the main contribution of the paper because most of the previous research have been focussed on subsidiaries that develop and transfer the innovation. Moreover, the specific area where subsidiaries are located (Central and East Europe) may be another important contribution.


2018 ◽  
Vol 7 (4.15) ◽  
pp. 510
Author(s):  
Zalilawati Yaacob ◽  
Nadiah Abd Hamid ◽  
Nor Fara Shahirah Kamal ◽  
Noorlaila Ghazali ◽  
Roszil Shamsuddin

The implementation of Goods and Services Tax (GST) in Malaysia has received criticism from various parties such as businesses, policy makers, professionals, business associations and individuals. Despite the rejections from these parties, the government proceeded to implement GST on 1 April 2015. Subsequently, this led to difficulties encountered by businesses, particularly the manufacturing industry in adjusting the production cost, setting prices of products, and comply with the new indirect tax structure. Hence, this study aims to explore the challenges of GST on SME batik manufacturers pertaining to business performance and compliance. A semi structured interviews were conducted on the top management and owners of SME batik manufacturer in two states of Malaysian Peninsular, namely Kelantan and Terengganu. The respondents reported that, during the era of GST, sales of their batik products decreased tremendously. In addition, they described the GST system as a complex system that affects compliance. This study solicits government’s attention on the impact of GST on Malaysian batik manufacturers. The findings suggest that it is essential for government to devise plans in reducing the financial burden of batik manufacturers and to simplify the GST mechanism in encouraging a high level of GST compliance. 


Author(s):  
Anna Pilková ◽  
Marian Holienka ◽  
Michal Munk

The phenomenon of business restart, also referred to as second chance, proved to be an integral part of entrepreneurial dynamics. Considering the high level of individual entrepreneurial activity (14.2% in 2011, 10.2% in 2012) accompanied with high discontinuance rate in Slovakia (7.0% in 2011, 4.7% in 2012)1, it is important to further investigate key factors which influence business restart in our country. These findings could unveil what helps to preserve the current entrepreneurial activity, which is besides producing more new entrepreneurs another option to secure self-employment and job creation through individual business activities, with positive impact on economic growth in the country.The main aim of our paper is to analyze the issue of business restart in Slovakia through dynamics measured on individual level and to identify the key drivers of restart activity. These findings represent a good information basis for policy makers helping them better understand the characteristics of business restart phenomenon and develop relevant entrepreneurship policies, as well as for further entrepreneurship research.Our research is primarily based on Slovak Global entrepreneurship Monitor (GEM) 2011 and 2012 individual level data. We applied binominal logistic regression to analyze relationships between business restart and its potential drivers.


Sign in / Sign up

Export Citation Format

Share Document