scholarly journals Effect of entrepreneurs’ character on smes performance in lagos state

2017 ◽  
Vol 7 (3) ◽  
pp. 426-435
Author(s):  
Okunbanjo Olajide Idowua ◽  
Adewale Michael Olusola ◽  
Akinsulire Henry Olawale
Keyword(s):  
Survey Research ◽  
Risk Taking ◽  
Business Performance ◽  
Business Environment ◽  
Regression Method ◽  
Sales Growth ◽  
Lagos State ◽  
New Business ◽  
Competitive Aggressiveness ◽  
Positive Effect

The success of SMEs hinges on the character display by the entrepreneurs in a competitive business environment. Many SMEs have failed as a result of entrepreneur’s lackadaisical display in controlling and coordinating the business. This study examined the effects of entrepreneurs’ character on SMEs performance in Lagos State. This study used survey research designed via administering questionnaires to the entrepreneurs’ of SMEs in Lagos State. 260questionnaires were administered to the respondents and 231 were retrieved. Regression method of analysis was employed to test the stated hypotheses and the findings revealed that risk taking has a weak positive effect on profitability but competitive aggressiveness and innovativeness have a strong positive effect on sales growth of SMEs in Lagos State. The study recommended that entrepreneurs’ operating in Lagos State need to be very mindful of the risk they take in order to improve their business performance in terms sales growth and profitability. Entrepreneurs need to develop new business ideas to enhance innovativeness and creativity so as to achieve increase in both financial and non-financial performance.

scholarly journals Sustainable Competitive Advantage through Entrepreneurship, Market-Oriented Culture, and Trust

2021 ◽  
Vol 13 (7) ◽  
pp. 3986
Author(s):  
Jun-Chul Ha ◽  
Jun-Woo Lee ◽  
Jee Young Seong
Keyword(s):  
Work Engagement ◽  
Risk Taking ◽  
Choice Theory ◽  
Business Environment ◽  
Positive Influence ◽  
Mediating Effect ◽  
Sustainable Competitive Advantage ◽  
The Relationship ◽  
Positive Effect ◽  
Significant Positive Influence

In a rapidly changing business environment, the entrepreneurship of top management is essential for the survival and sustainable development of the enterprise. Building on the view of the strategic choice theory, this study identifies the relationship between entrepreneurship, market-oriented culture, and work engagement. Data were collected from 493 employees regularly working in small and medium-sized firms in South Korea. The results of this study indicate: (1) entrepreneurship (consisting of innovation, proactiveness, and risk-taking) has a significant positive influence on market-oriented culture, (2) entrepreneurship positively affects work engagement, (3) market-oriented culture has a significant positive effect on work engagement, (4) the effects of innovation and proactiveness on work engagement are significant, controlling for market-oriented culture, showing the partial mediating effect of market-oriented culture on work engagement, and (5) CEO trust moderates the relationship between risk-taking and work engagement. Theoretical and practical implications are suggested.

scholarly journals Effects of enterprise sustainability on performance

2020 ◽  
Vol 4 (2) ◽  
pp. 11-23
Author(s):  
Violeta Domanović ◽  
Jasmina Bogićević ◽  
Bojan Krstić
Keyword(s):  
Performance Measurement ◽  
Business Performance ◽  
Business Environment ◽  
Business Rules ◽  
Research Results ◽  
Measurement Models ◽  
Long Run ◽  
New Business ◽  
The Subject ◽  
Sustainability Report

Contemporary business environment imposes new business rules. The maximization of profit and shareholder value cannot be the only aim of an enterprise. Instead, enterprises are forced to maximize value of all stakeholders in order to survive in the long run. The issue of sustainability has become of crucial significance, and especially measurement and reporting on sustainability, as well as, its effects on financial performances, as still dominant ones in the contemporary business performance measurement models. Hence, the subject of the research is the enterprise sustainability in the contemporary business environment. The aim of the research is to stress the role and the significance of the sustainability in the process of improving the enterprise efficiency. The research results show that the enterprise sustainability has the positive implications on the business performances in the long run, as well as on the welfare of all stakeholders. In order to be more transparent, it is desirable for enterprises to create the sustainability report, in the integration with the traditional business report, which would give the complete overview of enterprise efficiency.

Intelligent Agents for Knowledge Management in E-Commerce

2011 ◽  
pp. 989-1001
Author(s):  
Athanasia Pouloudi ◽  
Vlatka Hlupic ◽  
George Rzevski
Keyword(s):  
Knowledge Management ◽  
Intelligent Agents ◽  
Intelligent Systems ◽  
Business Performance ◽  
Information Technologies ◽  
Business Environment ◽  
Management Approach ◽  
Transfer Of Knowledge ◽  
Management Tools ◽  
New Business

E-commerce has become a key aspect of the global business environment, causing fundamental changes in markets and organisational structures. This chapter considers how knowledge management, the latest management approach aimed at improving business performance, can create new business opportunities in the new business environment that is defined by electronic commerce. Knowledge management deals with the systematic generation, codification and transfer of knowledge and can be supported by a number of technologies, known as knowledge management tools. It has been argued that intelligent systems can offer additional capabilities and advantages in comparison with more traditional information technologies. This chapter investigates the potential of intelligent agent-based software for more effective knowledge management in the context of e-commerce, adopting the perspective of an SME involved in development of intelligent agents-based knowledge management software. The chapter concludes with a research agenda for knowledge management research in e-commerce.

scholarly journals Examining the Moderating Effect of Environmental Hostility on the Entrepreneurial Orientation -Performance Relationship

2017 ◽  
Vol 8 (6(J)) ◽  
pp. 6-18
Author(s):  
Neneh Brownhilder
Keyword(s):  
South Africa ◽  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Moderating Effect ◽  
Business Strategies ◽  
Negative Consequences ◽  
Business Environments ◽  
Competitive Aggressiveness ◽  
Environmental Hostility ◽  
Positive Effect

Abstract: While the EO-performance nexus has received extensive attention in entrepreneurship literature, other studies suggest that the magnitude of this relationship is dependent upon the external environment and internal organizational processes. The objective of this study was to measure the effects of EO (innovativeness, risk-taking, proactiveness, autonomy and competitive aggressiveness) on SME performance, as well as to examine the moderating effect of environmental hostility on the EO-performance relationship in South Africa. The study showed thatwhile innovativeness and proactiveness does not have a significant effect on SME performance; risk taking propensity, competitive aggressiveness, and autonomy have a significant positive effect on SME performance. It was also seen that while the risk taking-performance relationship is negatively moderated by environmental hostility, the competitive aggressiveness-performance relationship is positively moderated by environmental hostility. This suggest the need for SMEs to always align their business strategies with appropriate EO dimensions to mitigate some of the negative consequences of operating in hostile business environments and improve the performance of their businesses. Keywords: Entrepreneurial orientation, SME performance, Environmental Hostility, South Africa

scholarly journals Empowering IT Operations through Artificial Intelligence – A New Business Perspective

2020 ◽  
Author(s):  
Logica Banica ◽  
Persefoni Polychronidou ◽  
Cristian Stefan ◽  
Alina Hagiu
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Big Data ◽  
Business Performance ◽  
Business Environment ◽  
Infrastructure Monitoring ◽  
Parallel Data ◽  
New Business ◽  
Main Components ◽  
It Operations

This paper aims to describe the concept of applying Artificial Intelligence to IT Operations (AIOps) and its main components, Big Data, Machine Learning and Trend Analysis. The concept was implemented by developing a multi-layered fusion of the technologies that powers the components in AIOps platforms present on the IT market. The core of an AIOps platform is represented by the Big Data organization structure and by a massive parallel data processing platform like Apache Hadoop. The ML component of the platform is able to infer the future behaviour and the regular operations that are performed from the large volume of collected data, in order to develop the ability to automate the activities. AIOps platforms find their place especially in very complex IT infrastructures, ones that require constant monitoring and quick decisions in case of failures. The case study is based on the Moogsoft AIOps platform, and its features are presented in detail, using the Cloud trial version, clearly showing the potential of such an advanced tool for infrastructure monitoring and reporting. The experiment was focused on the way Moogsoft is monitoring computing resources,    is handling events and records alerts for the defined timespan, alerts grouped by category (like web services, social media, networking). The platform is also able to display at any given moment the unresolved situations and their type of origin, and includes automated remediation tools. The study presents the features of this software category, consisting in benefits for the business environment and their integration into the Internet-of-Things model. Keywords: Big Data, Machine Learning, AIOps, business performance.

scholarly journals Pengaruh Pengambilan Resiko, Inovasi, Proaktif, Competitive Aggessiveness Dan Otonomi Terhadap Kinerja Usaha Konveksi

2021 ◽  
Vol 3 (1) ◽  
pp. 186
Author(s):  
Dita Gani ◽  
Lydiawati Soelaiman
Keyword(s):  
Risk Taking ◽  
Business Performance ◽  
Sample Selection ◽  
Probability Sampling ◽  
Selection Technique ◽  
Competitive Aggressiveness

The purpose of this research is to increase the competitiveness of convection business in facing challenges from competitors by testing whether: 1) risk taking can influence convection business performance 2) innovativeness can influence convection business performance 3) proactiveness can influence convection business performance 4) Competitive aggressiveness can influence convection business performance and 5) autonomy can influence convection business performance. The sample used amounted to 60 respondents having convection in west Jakarta and using non-probability sampling as a sample selection technique . The result prove that the significant impact between risk taking, innovativeness and autonomy to business performance and has no significant impact to proactiveness and competitive aggressiveness to business performance.Tujuan dari penelitian ini adalah untuk meningkatkan daya saing usaha konveksi dalam menghadapi tantangan dari para pesaing dengan menguji apakah : 1) Pengambilan resiko dapat mempengaruhi kinerja usaha konveksi 2) Inovasi dapat mempengaruhi kinerja usaha konveksi 3) Proaktif dapat mempengaruhi kinerja usaha konveksi 4) Competitive aggressiveness dapat mempengaruhi kinerja usaha konveksi dan 5) Otonomi dapat mempengaruhi kinerja usaha konveksi. Sampel yang digunakan dalam penelitian ini berjumlah 60 orang responden yang memiliki konveksi di Jakarta Barat dan menggunakan metode nonprobability sampling sebagai teknik pemilihan sampel. Hasil menunjukkan terdapat pengaruh signifikan antara pengambilan resiko, inovasi dan otonomi terhadap kinerja usaha dan tidak terdapat pengaruh yang signifikan antara proaktif dan competitive aggressiveness terhadap kinerja usaha. 

scholarly journals Orientasi Kewirausahaan dan Kemampuan Inovatif terhadap Kinerja UMKM

2021 ◽  
Vol 5 (3) ◽  
pp. 267
Author(s):  
Felix Felix
Keyword(s):  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Company Performance ◽  
Innovative Capabilities ◽  
Competitive Aggressiveness

This study aims to analyze the effect of entrepreneurial orientation and innovative abilities on business performance. Entrepreneurial orientation is measured through innovation, proactive, risk-taking, competitive aggressiveness and autonomy, while company performance is measured through financial and non-financial perspectives. The population is SMEs in the Jabodetabek area and obtained with a sample of 259 respondents. The collected data was then analyzed using Smart PLS version 3. The results showed that entrepreneurial orientation positively influenced the performance of companies, especially non-financial. Likewise, innovative capabilities also affect company performance, especially sales. Penelitian ini bertujuan untuk menganalisis pengaruh orientasi kewirausahaan dan kemampuan inovaitf terhadap kinerja bisnis. Orientasi kewirausahaan diukur melalui inovasi, proaktif, pengambilan risiko, agresivitas kompetitif dan otonomi, sementara kinerja perusahaan diukur melalui perspektif keuangan dan non keuangan. Populasi adalah UMKM yang berada di wilayah jabodetabek dan diperoleh dengan sampel sebanyak 259 responden. Data yang telah terkumpul kemudian dianalisis menggunakan Smart PLS versi 3. Hasil penelitian menunjukkan bahwa orientasi kewirausahaan mempengaruhi secara positif kinerja perusahaan khususnya non keuangan. Demikian juga dengan kemampuan inovatif juga mempengaruhi kinerja perusahaan khususnya penjualan.

Intelligent Agents for Knowledge Management in E-Commerce

2003 ◽  
pp. 51-67
Author(s):  
Athanasia Pouloudi ◽  
Vlatka Hlupic ◽  
George Rzevski
Keyword(s):  
Knowledge Management ◽  
Intelligent Agents ◽  
Intelligent Systems ◽  
Business Performance ◽  
Information Technologies ◽  
Business Environment ◽  
Management Approach ◽  
Transfer Of Knowledge ◽  
Management Tools ◽  
New Business

E-commerce has become a key aspect of the global business environment, causing fundamental changes in markets and organisational structures. This chapter considers how knowledge management, the latest management approach aimed at improving business performance, can create new business opportunities in the new business environment that is defined by electronic commerce. Knowledge management deals with the systematic generation, codification and transfer of knowledge and can be supported by a number of technologies, known as knowledge management tools. It has been argued that intelligent systems can offer additional capabilities and advantages in comparison with more traditional information technologies. This chapter investigates the potential of intelligent agent-based software for more effective knowledge management in the context of e-commerce, adopting the perspective of an SME involved in development of intelligent agents-based knowledge management software. The chapter concludes with a research agenda for knowledge management research in e-commerce.

scholarly journals A Study of the B2B Progress in Japanese Enterprises

10.28945/2497 ◽  
2002 ◽  
Author(s):  
Sho Hanaoka
Keyword(s):  
Information Systems ◽  
Business Performance ◽  
Business Environment ◽  
Point Of View ◽  
Japanese Economy ◽  
Rapid Decline ◽  
New Business ◽  
Long Time ◽  
Group A ◽  
Questionnaire Surveys

Most Japanese enterprises are confronted with a rapid decline of business performance due to the long time recession of the Japanese economy. They gradually lost their competitive advantages in global marketplaces especially in the business domains of matured products including PCs. Most of them are forced to take prompt measures to respond to their business environment. For the past few years, we have been conducting questionnaire surveys repeatedly about B2B information systems in small and medium-sized enterprises (SMEs). The results of these surveys show clearly that their business performances have no clear relevance to the utilization B2B informatior systems. In conclusion, from a management strategy point of view, Japanese SMEs are classified into the following four types: (a) a group of high technical skills in special fields irrelevant to the utilization of information systems, (b) a new business model oriented group, (c) a manpower cost reduction oriented group, and (d) a foreign manufacturing subsidiary group. In the near future, these groups seem to polarize into group (a) and group (d).

scholarly journals Pengaruh Orientasi Kewirausahaan Terhadap Kinerja Usaha Pada Industri UMKM Abon Ikan Di Kota Makassar The Effect of Entrepreneurship Orientation toward Business Performance In Fish Abon SME Industry In Makassar City

2018 ◽  
Vol 1 (2) ◽  
Author(s):  
Ayu Wulandary
Keyword(s):  
Quantitative Analysis ◽  
Risk Taking ◽  
Structural Equation ◽  
Business Performance ◽  
Partial Least Square ◽  
Least Square ◽  
Equation Modeling ◽  
P Value ◽  
Five Dimensions ◽  
Competitive Aggressiveness

            Business performance is one of the benchmarks of entrepreneurship orientation so that the concept of entrepreneurship orientation of the entrepreneur is important because it has impacts on business performance. The entrepreneurship orientation is shaped by the five dimensions of innovation: risk-taking, proactiveness, competitive aggressiveness, and autonomy. The objective of this study was to analyze the influence of entrepreneurship orientation on business performance of fish abon SME in Makassar. This research employed a Structural Equation Modeling-Partial Least Square (SEM-PLS) 3.0 tool for quantitative analysis. The results of this study indicated that the influence of entrepreneurship orientation had a positive and significant impact on business performance. It could be observed that t-statistic value was 3,302> 1.96 and p-value was 0.001 <0.05, it meant that any improvement to the business adopting entrepreneurship orientation would improve business performance at fish abon SME in Makassar City.

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